Aon has named Lambros Lambrou as its new global CEO of Commercial Risk Solutions, succeeding Mike O’Connor who was named co-president of Aon in May 2018.

Lambrou will take on his additional responsibilities immediately and continue to be based in Aon’s New York office.

Lambrou has worked within the risk management industry for over three decades, assuming leadership roles across a number of Aon lines and regions.

His recent roles in commercial risk included; CEO of Australia, CEO of the global broking centre in London, chief broking officer in EMEA, as well as global chief operating officer for Aon Broking and head of carrier management for Aon.

Most recently he served as chief commercial officer and CEO of global specialties for commercial risk solutions and will maintain those responsibilities.

Commenting on the appointment O’Connor said: “Lambros is a widely respected and collaborative leader with broad industry experience spanning risk management, broking and specialty strategy,”

“He is committed to innovating on behalf of our clients and leveraging data and analytics to help them more efficiently match risk with capital.”

Eric Andersen, co-president of Aon shared: “Lambros has held leadership roles around the world and served our clients across multiple solution lines,”

“His appointment will further strengthen our Aon United growth strategy by increasing collaboration across the firm as we accelerate the development of new sources of value for clients.”

Speaking of his new position Lambrou said: “I’m energized by the opportunity to work across our firm to bring the best of Aon to our clients,”

“I look forward to helping clients minimize volatility and better manage their risk exposure to maximize performance.”