$7.4 billion Aon Ltd. has appointed Pauline Colvin to the newly created post of chief risk officer.

Previously, Colvin served in several capacities at various companies, including chief risk officer for Skandia Group, group risk director at Royal & SunAlliance Insurance Group P.L.C., and director of risk, compliance, and internal audit at Pearl Assurance P.L.C.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...