Aon ‘evolves’ unit with global leadership changes

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Aon Plc has made global leadership appointments within its reinsurance solutions business as part of a so-called ‘evolution’.

Here are the changes to the reinsurance solutions team, which are aimed at assisting in client value creation, product and market segmentation, and regional reach:




Name

New position

Old/current position

Joe Monaghan

Global growth leader

CEO, public sector partnership

Tim Ronda

Global geographic leader

President, US

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Non-executive director resigns from Ping An

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Ping An Insurance (Group) Company of China has announced the resignation of Wang Yongjian as non-executive director, effective Aug. 23.

Wang tendered his resignation as a non-executive director of the 12th session of the company’s board of directors, citing a change of his personal work arrangements, Ping An said in a Hong Kong stock exchange filing. Upon his resignation, Wang also ceased to serve as a member of the strategy and investment committee of the board.

According to Ping An, Wang has confirmed that he has no disagreement with the board or the supervisory committee of the company, nor was

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India launches new national digital payment: e-RUPI

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Prime Minister Narendra Modi recently unveiled a new digital payment product called e-RUPI under the country’s UPI (Unified Payments Interface).

India launches e-RUPI

According to state news sources, this payment mechanism is to ensure that the government is able to “extend monetary support directly to citizens in a “leak-proof manner”.

It is important to note that e-RUPI is, according to government sources, neither a cryptocurrency nor a central bank digital currency (CBDC). It is also not a digital or e-wallet either.

The digital payment actually comes in the form of a pre-paid e-voucher from UPI.

The e-voucher can be

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