27 March 2013 Insurance

Aon hires operational risk veteran

Aon Global Risk Consulting, the risk management consulting arm of  Aon, has hired Giorgio Aprile as principal consultant in its Financial Institutions business unit. Aprile will focus on supporting financial services clients, predominantly banks, investment firms and insurers, in the development of their risk frameworks and governance, with a particular focus on operational risk.

Aprile is a 17 year veteran in operational risk. Prior to joining Aon, he worked at the Montepaschi banking group where he led the implementation of the advanced measurement approach (AMA) for operational risk. He started the project in June 2005 and successfully achieved the AMA certification in 2008.

In the 1990s, he also worked in the nuclear industry, performing risk and safety analysis of Ukrainian nuclear power reactors, and spent five years in the oil & gas sector analysing the effect of well blowouts in deep water conditions. He was involved in different research projects, mainly focused on the use of advanced analytics to reduce operational risk in offshore plants, and to prevent environmental disasters.

Johnathan Humphries, Head of Financial Institutions, Aon Global Risk Consulting, said: “We are delighted to welcome Mr Aprile to Aon recognising the experience and knowledge that he will bring to the team and our clients.  His insights will help Aon to deliver the best solutions for operational risk measurement, management and governance in the financial services sector.”

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