23rd Apr 2007 07:02
Aviva PLC23 April 2007 News release 23 April 2007 AVIVA ANNOUNCES NEW GROUP EXECUTIVE TEAM Aviva plc ("Aviva"), the savings, investments and insurance group, todayannounces a new group executive team, following the announcement of AndrewMoss's appointment as group chief executive with effect from 12 July 2007.These changes reflect the increasingly multi-national nature of the group'sbusinesses. As announced in January 2007, Philip Scott, currently executive director withresponsibility for Aviva's operations outside Europe, will become group financedirector. He will continue to be a member of Aviva plc's board and will alsoretain his responsibilities for asset management. Tidjane Thiam, chief executive, Aviva Europe, Mark Hodges, chief executive,Norwich Union Life, Anupam Sahay, group strategy and planning director, and JohnAinley, group HR director, will continue in their current roles. Tom Godlasky, currently chief executive, Aviva USA, will become chief executive,North America, and will lead Aviva's operations in the USA and Canada. Simon Machell, currently chief executive, Norwich Union General Insurance, willbecome chief executive, Asia Pacific, and will lead Aviva's Asian and Australianbusinesses. Igal Mayer, currently chief executive, Aviva Canada, will become chiefexecutive, Norwich Union General Insurance. All the executives above will report to Andrew Moss and will be members of thegroup executive committee, which is chaired by the group chief executive. All appointments are effective from 12 July 2007 and are subject to theappropriate regulatory approvals. Patrick Snowball, currently group executive director, Aviva UK, will leave thegroup at the end of June 2007 in order to take up the role of deputy chairman atTowergate Partnership, a significant business partner for Norwich Union in theUK. Andrew Moss, group finance director, said: "Aviva is increasingly amulti-national business and the way we manage our operations will now reflectthis. I'm excited to be working with such a talented executive team. Together wewill continue to drive aggressive, high-quality growth for Aviva. We have astrong and well-balanced portfolio of businesses and our prospects areexcellent." Lord Sharman of Redlynch, Aviva's chairman, said: "Andrew Moss has appointed ateam of strong leaders who will bring new energy and a solid track record ofdelivery to Aviva's ambitious growth plans. Patrick Snowball has made anexcellent contribution to Aviva over his many years with the group. The boardwishes him every success in his future career." - ends - Enquiries: Media Hayley Stimpson, director of external affairs +44 (0)20 7662 7544 Sue Winston, head of group media relations +44 (0)20 7662 8221 Vanessa Rhodes, group media relations manager +44 (0)20 7662 2482 James Murgatroyd/Ed Simpkins, Finsbury +44 (0)207 251 3801 Analysts Charles Barrows, investor relations director +44 (0)20 7662 8115 Jessie Burrows, head of investor relations +44 (0)20 7662 2111 Notes to editors: • Aviva announced on 10 January 2007 that, after almost a decade in aCEO role, Richard Harvey will retire as group chief executive on 11 July 2007.Andrew Moss, currently Aviva's group finance director, will succeed Richardfollowing his retirement. • Aviva is the leading provider of life and pensions to Europe withsubstantial positions in other markets around the world, making it the world'sfifth largest insurance group based on gross worldwide premiums at 31 December2005. • Aviva's principal business activities are long-term savings, fundmanagement and general insurance, with worldwide total sales of £41.5 billionand assets under management of £364 billion at 31 December 2006. • The Aviva media centre at www.aviva.com/media includes images, companyand product information and a news release archive. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Aviva