Aon Securities appoints Richard Pennay as CEO, Paul Schultz becomes Global Vice Chair.
Aon has appointed Richard Pennay as the new CEO of Aon Securities, succeeding Paul Schultz, who will become Global Vice Chair of Reinsurance Solutions. Schultz, a 20-year leader in Aon Securities, has been pivotal in expanding the firm's catastrophe bond and insurance-linked securities (ILS) operations. The leadership changes aim to enhance client capacity and facilitate collaboration between Pennay and Schultz in delivering capital solutions.
October 03, 2024
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