Reinsurance News

Aon hires Pete Rutherford as Enterprise Client Leader, FI, UK

11th January 2022 - Author: Katie Baker

Insurance and reinsurance broker Aon has appointed Pete Rutherford as Enterprise Client Leader, Financial Institutions in the UK, reporting to Richard Phelps, Head of Financial institutions (FI), UK and EMEA.

Rutherford will help build key client relationships for Aon and further strengthen its leading Financial Institutions practice, joining a growing team of senior experts with broad relationships across the sector.

He brings 25 years of financial institutions (FI) experience to Aon, with deep sector expertise in banking, asset management, life companies, and insurance.

Joining from HSBC, where he served as managing director, head of EMEA insurance, and UK bank coverage, he was responsible for managing key global clients.

Rutherford began his career at Capital Bank, and he has held several senior positions at Standard Life (now Abrdn), Clydesdale Bank, Albannach Financial Management, and The Royal Bank of Scotland.

Michelle Mason, head of enterprise clients, UK, said: “We are delighted that a professional of Pete’s calibre has joined our team, which is a testament to our sustained growth in FI and ability to attract senior leadership as we continue to invest in addressing the evolving needs of our clients.

“His significant experience will help us deepen existing client relationships as we help them shape better decisions, whilst also creating new opportunities to help organisations navigate emerging risks. We are pleased to welcome Pete to Aon.”

Rutherford added: “Aon already has a strong reputation as a leader in the Financial Institutions space and, in an ever more complex and interconnected global operating environment, has an important role to play in delivering advice and solutions to organisations across the sector. I am excited to join the firm and look forward to working closely with Richard and the team.”

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