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She's the Right Stuff

An Aussie with technology roots, Aon's new CFO sets out to overhaul the risk broker's global business systems and finance department

By Beth Karlin | Updated on February 01, 2008

One month after Christa Davies joined Aon Corp. in November as executive vice president of global finance, the Chicago-based company reinvented itself. The sale of two underwriting units for $2.75 billion allowed Aon to exit the lower-margin, capital-intensive business and focus on its risk brokerage and consulting services. It’s a whole new ball game for finance.

Now, as Davies prepares to move into the CFO slot in March, she’s planning a finance department reorganization to reflect the new focus on professional services and increased reputational risks. “We will review responsibilities post-sale and streamline areas where we no longer need underwriting expertise,” says Davies. She’s replacing David Bolger, who is leaving to work on Chicago’s bid for the 2016 Olympics.

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