4th Mar 2019 08:24
LONDON (Alliance News) - Aviva PLC on Monday said it has promoted International Insurance Chief Executive Officer Maurice Tulloch to be group CEO with immediate effect.
He replaces Mark Wilson, who stepped down from the role in October after five years in the role since 2013.
Tulloch has been part of the blue-chip insurer for 27 years since 1992, holdings several senior positions.
His most recent role was chief executive of Aviva's International Insurance division for two years since 2017, having responsibility over the insurer's operations in France, Canada, Ireland, Italy, Poland Turkey and India.
Prior to that, Tulloch was chief executive of the UK & Ireland General Insurance segment for four years from 2013 to 2017, and before that was the CEO of the Aviva Canada subsidiary for four years from 2009 to 2013.
"Maurice will be an outstanding Chief Executive of Aviva. He knows the business inside out. He has led our businesses in the UK and internationally and built strong teams across life insurance and general insurance. Maurice knows our strengths, knows where we need to improve and has a deep understanding of insurance and customers' needs. He is exceptionally well qualified to re-energise Aviva and deliver long-term growth," said Chair Adrian Montague.
Montague had been serving as executive chair since October and returns to non-executive chair immediately.
Shares in Aviva were up 0.4% at 433.80 pence on Monday.
Related Shares:
Aviva