HONG KONG and CHICAGO, Dec. 9 /PRNewswire-FirstCall/ -- Aon Risk Services, the risk management and insurance brokerage business of Aon Corporation, today announced the appointment of Sandeep Malik as chief executive officer of Asia Aon Risk Services, effective February 1, 2010. Malik will be based in Hong Kong and will report to Bernard S.Y. Fung, chairman and chief executive officer of Aon Asia Pacific.

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"As our region continues to grow, Aon's business and the clients we serve are becoming more complex, varied and diversified," said Fung. "Sandeep's management skills and his deep knowledge of the Asia markets will serve our Asia ARS country leaders and their colleagues well as we continue to provide distinctive value to our clients and increase revenue growth and market share."

Steve McGill, chairman and chief executive officer of Aon Risk Services, noted, "The addition of Sandeep Malik to the ARS management team reflects our desire to be the destination of choice for the best talent in the industry. Sandeep will contribute greatly to the strategic and organizational initiatives Bernie and his team are executing on in Asia, and I welcome him to the team."

Malik joins ARS from Prudential Asia, where he served as chief commercial officer and where for the past ten years he has been involved with most of the key business initiatives and has worked extensively in each of the twelve country markets where Prudential Asia has business, including their two joint ventures in China and India.

Before joining Prudential Asia, Malik was a partner at Marakon Associates, a management consulting firm that pioneered many of the principles and tools that over time became the mainstream approach to "managing for shareholder value." He joined Marakon in 1994 and worked in the U.S. and European practices before relocating to build and lead the practice in Asia. Malik began his professional career in 1989 in general management at Cincinnati Milacron, a leading U.S. manufacturer of metalworking and plastics machinery.

Malik holds a bachelor's degree in engineering from Panjab Engineering College, Chandigarh, India, and a Master of Business Administration from Indiana University.

Editor's note: Photo of Sandeep Malik available upon request.

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About Aon

Aon Corporation (NYSE: AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital consulting. Through its more than 36,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally through more than 500 offices in more than 120 countries. Named the world's best broker by Euromoney magazine's 2008 and 2009 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the world's largest insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues in 2008 and 2009. A.M. Best deemed Aon the number one insurance broker based on brokerage revenues in 2007, 2008 and 2009, and Aon was voted best insurance intermediary, best reinsurance intermediary and best employee benefits consulting firm in 2007, 2008 and 2009 by the readers of Business Insurance. For more information on Aon, log on to http://www.aon.com.

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SOURCE Aon Corporation

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