Aon has appointed Joe Peiser as CEO of risk capital.

Mr Peiser, who is currently commercial risk CEO, will lead the broker’s risk capital capabilities across commercial and reinsurance solutions.

“Aon’s risk capital capabilities are essential to how we help clients navigate an increasingly complex risk environment,” global solutions CEO Andy Marcell said.

“His appointment reflects the continued momentum of our Aon United strategy as we expand our capabilities to serve evolving client needs.”

Aon says the search for a new commercial risk CEO is under way.