HONG KONG (27 October 2016) – Aon plc (NYSE:AON), a leading global provider of risk management, insurance brokerage and reinsurance brokerage, and human resources solutions and outsourcing services, is pleased to announce it has been named one of the 13 new partners of the Hong Kong Monetary Authority’s Infrastructure Financing Facilitation Office (IFFO) Belt & Road Initiative.
The IFFO platform was launched in July this year, and now has a total of 54 partners to facilitate infrastructure investments and development in Asia. With the establishment of the Belt and Road Initiative – a strategy by the Chinese government to promote connectivity and long-term development spanning Asia, Africa and Europe – Hong Kong serves as a springboard for many Chinese companies expanding overseas. Hong Kong is also a strategic location for overseas corporations wanting to gain a foothold in China. IFFO has forged strategic partnerships with a growing number of organisations who are keen to invest in such infrastructure projects.
“Aon is committed to supporting the financing and development of infrastructure in Asia and Belt & Road countries,” says Paul Young, CEO of Aon Risk Solutions, Hong Kong. “We look forward to investing our resources to meet the needs of more than 60 countries that are part of the B&R initiative, leveraging our innovative risk and people capabilities to increased flows of trade and infrastructure investment and build a legacy that will empower populations across developing markets.”
Aon plc (NYSE:AON) is a leading global provider of risk management, insurance brokerage and
reinsurance brokerage, and human resources solutions and outsourcing services. Through its more
than 72,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via
innovative risk and people solutions. For further information on our capabilities and to learn how we
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