Global risk manager Aon has poached a key executive for its Australian wealth management arm from MLC, part of the NAB group. Aon Austr...

Global risk manager Aon has poached a key executive for its Australian wealth management arm from MLC, part of the NAB group.

Aon Australia has recruited Pierre Kraft to head up its Aon Wealth Management and Aon Financial Planning and Protection Businesses.

Mr Kraft was formerly the head of MLC advice platforms, and was the driving force behind one of the company’s largest projects, the AdviserCentral project.

Aon director Stewart Fotheringham said Mr Kraft would bring “leadership, technical and business management skills” to Aon.

“Pierre has a strong understanding of the wealth management industry, both on a tactical and strategic level,” Mr Fotheringham said.

Aon Australia targets individual and business clients in its risk business, and also has several mandates for corporate pension funds in addition to its growing wealth management operation.

The company has around 1,000 employees in Australia.