Two senior UK operational due diligence pros at investment consultant Aon are set to leave the firm as it shakes up its ODD processes, HFMWeek can reveal.
Head of UK ODD Chris Goodeve-Ballard and Mark Flanagan, a principal focused on Emea ODD are set to leave the consultant by 31 December as the firm seeks to transform its operational due diligence process, a person familiar with the moves told HFMWeek.
Goodeve-Ballard joined Aon in 2006 as head of compliance and money laundering reporting officer, according to his LinkedIn page.
He took his latest role in 2011 and was responsible for ensuring effective fund manager ODD across Aon’s global investment practice, excluding North America.
From 2004 to 2006, Goodeve-Ballard held a head of compliance role at a Lloyds insurance and reinsurance brokerage firm called Glencairn, where he worked for two years.
It is understood that Goodeve-Ballard is seeking a head of ODD role in the investment industry.
During his time at Aon, Flanagan was responsible for strategic direction and implementation, investment evaluation, risk, special projects and operational due diligence across all asset classes, according to his LinkedIn page.
He joined Aon in 2015 having spent a four-year stint at AXA Investment Managers, where he latterly held a senior analyst role.
From 2003 to 2009, he worked at fund administrator Cayman National Fund Services, latterly as deputy head of fund services.
Flanagan is seeking non-executive director and COO roles, a source familiar with the moves told HFMWeek.
Aon declined to comment on the departures.
Aon cuts senior UK ODD team on HFM InvestHedge.