Pauline Colvin was named chief risk officer at Aon Ltd., the London-based brokerage unit of insurance broker Aon Corp. headquartered in Chicago.

Ms. Colvin was previously chief risk officer for Skandia; group risk director at Royal & Sun Alliance, and director of risk, compliance and internal audit at Pearl Assurance. She has also worked as a financial controller and, early in her career, worked as an auditor at Coopers & Lybrand.

"Aon is very fortunate to have someone of Pauline's caliber and experience coming aboard," David Mead, chief operating officer of Aon Ltd., said in a statement. "Ensuring we have the right processes in place to truly embed effective risk management as an integral part of our firm's culture is vital."

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