Aon plc (Aon), a leading global professional services firm, has appointed Marshall Bailey OBE, CFA, as its non-executive chair of the Aon UK Limited Board, effective January 31, 2023.
Bailey has several non-executive roles, including the chair of the Financial Services Compensation Scheme, MUFG Securities EMEA, and MUS (Asia) Hong Kong. He is also a member of the Board of Governors of the CFA Institute. He has also held other non-executive positions in financial services and insurance, including at the London Stock Exchange Group, Chubb, and CIBC World Markets plc.
Aon UK CEO Julie Page welcomed Bailey to his new role, noting his “wealth of experience and knowledge which will greatly benefit the board, Aon, and our clients.”
“I am very much looking forward to working closely with him over the coming months and years as we continue to help shape better decisions for organisations,” Page said.
Bailey replaces Simon Jeffreys, who joined the Aon board in May 2009 and whose tenure in office ends in January 2023 after seven years as chair.
Commenting on Jeffreys’ service to the Aon board, Page said: “I would like to thank Simon for the considerable contribution he has made to the board and to our firm in the last 13 years. On behalf of the board and the executive, I would like to express our huge appreciation for Simon’s commitment, insight, positive influence, and counsel. In his time as chair, he has overseen comprehensive enhancements to our governance, ensured the smooth running of the board, and strengthened key stakeholder relationships. Simon’s support as chair has been enormously valuable to me personally, and I wish him all the best as he continues his impressive non-executive career.”
Bailey’s appointment follows Aon UK’s decision to expand the role of head of enterprise clients (ECG) Michelle Mason.