NU Online News Service, April 15, 3:09 p.m. EDT
Aon insurance brokerage said Michael Bungert, chief executive officer of Americas for Aon Benfield, and Dominic Christian, chief executive officer, international for Aon Benfield, will serve as co-CEOs of Aon Benfield reinsurance brokerage.
Mr. Bungert, who is based in Chicago, joined Aon Re Inc. as an executive vice president in 1989. He previously was with Thomas A. Greene Inc, where he was the head of the Chicago office and a member of the board of directors. He has been in the reinsurance business since 1977.
Before joining Aon, Mr. Christian, who is based in London, was a Group Board Director of Benfield Group Plc, CEO of the International Division, and CEO of Benfield Limited.
Michael O'Halleran will continue to serve as executive chairman of Aon Benfield.
Grahame Chilton, who was CEO of Benfield and became vice chairman of Aon Group after the acquisition, will assume a new role as chairman of Aon Benfield with a focus on strategy, marketing and client development.
Andrew Appel, formerly chief executive officer of Aon Benfield, will transition into a newly created role as chief operating officer of Aon Corp. In taking on this role, Mr. Appel will focus on growth and innovation for Aon.
"The merger between Aon Re Global and Benfield Group into Aon Benfield has exceeded all initial expectations and the integration is complete," said Greg Case, president and CEO of Chicago-based Aon in a statement.
He added that, "With the integration of Aon Benfield complete, this is the perfect time to take the next logical step as a leadership team focused on long-term growth."
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