Financial institutions are accelerating their investment in the Greater China region and it’s no wonder – with dynamic advantages from which to benefit on both sides. Risk management services provider Aon Risk Solutions recently appointed banking veteran Owen Belman as chief executive officer of Greater China in a strategic move to enhance its leadership in the region. He swaps e-mails with Hilda Poon.
Why did initially you join Aon Risk Solutions?
For the opportunity to move up the league tables. Aon is the acknowledged market leader globally and across Greater China, and it’s great to be with a winner. That said, Aon still has tremendous upside. Its brand is not widely known outside of the industry, though the sponsorship of Manchester United has helped dramatically. (And my two boys really enjoy spotting “Aon” shirts in Times Square and across the island!) Aon has an enviable footprint globally, particularly in Asia. Greater China is one of the fastest growing regions in most industries, but especially particularly in brokerage and insurance, where commercial penetration rates are very low.
What are the key areas of the company’s development strategy in Greater China?
Aon’s objective is to bring distinctive client value, unmatched talent, and operational excellence to its engagements. The same is true in Greater China, but given that many of our clients are operating and investing across the region, capturing cross-border opportunities through seamless customer service is imperative. We need to be the most client-focused firm, offering the best industry talent, for clients focused domestically in mainland China, Hong Kong and Taiwan, as well as those operating elsewhere in the region.
Why do you see a need to strengthen leadership capability in Greater China?
More of our clients are accelerating their investment in the region and are looking for risk management partners who can anticipate and serve their needs. We need to rapidly grow our group of leaders across Greater China who can bring the best of Aon Risk Solutions’ global offer to bear in client engagements. Aon has world class practice sharing capabilities, but it takes great leaders to orchestrate delivery across markets, cha