Aon has appointed Tim Banks as a partner in its UK wealth practice.
Banks, who joins from AXA IM, will head sales for Aon’s investment department through various channels, including defined benefit (DB) pensions insurance and endowments and foundations.
He has held senior leadership positions and worked with clients in pension and investment.
Banks joined AXA IM in 2002 and was in charge of UK institutional sales of their core investing capabilities, primarily for insurers and defined contribution pension clients. He formerly worked in Mercer’s fiduciary management division, in charge of sales and marketing to external customers and intermediaries.
Aon senior partner and UK head of Investment Maria Johannessen says:“At a time when investors are having to address ever more complex challenges and navigate new forms of volatility, as well as continued political and economic uncertainty, it is vital to deliver creative and innovative investment solutions to clients. We are therefore incredibly pleased that Tim Banks is joining our firm to spearhead our next phase of growth across DB pensions, insurance and not-for-profit organisations.
“Tim brings both considerable experience and expertise across the pensions and investment industry and a record of developing strong client and colleague relationships. We are excited to work with Tim to drive growth in these key areas.”
Banks says: “This is a great time to be joining an established team with market-leading capabilities. Aon’s Investment practice has a long and enviable record of assisting clients in fulfilling their objectives. The firm’s investment expertise is now also being applied to wider areas and I am very much looking forward to playing my part in that.”
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