Senior Exec Responsibilities
Aviva PLC
28 May 2003
28 May 2003
AVIVA ANNOUNCES CHANGES TO SENIOR EXECUTIVE RESPONSIBILITIES
Aviva today announces changes to senior executive responsibilities to support
the further international development of its life and general insurance
businesses. These changes are effective 1 July 2003.
Aviva's continental European and International life and long-term savings
businesses will report to Philip Scott who will become group executive director,
Life International. As a result, Philip Scott will relinquish his chairmanship
of Norwich Union Life.
In addition to his responsibilities as group chief executive, Richard Harvey
will become chairman of the Norwich Union Life board. Gary Withers will continue
in his current role as chief executive, Norwich Union Life.
Patrick Snowball will become group executive director, General Insurance. In
this role he will continue as chief executive, Norwich Union Insurance and, in
addition, the major general insurance businesses in Canada, Ireland and Asia
will report to him.
Mike Biggs will continue in his role as group finance director.
These changes are being introduced in advance of the planned retirements of Tony
Wyand and Philip Twyman in November 2003 and March 2004 respectively. Tony Wyand
will continue his relationship with Aviva beyond his retirement date through the
provision of advice to a number of the group's continental European boards.
Philip Twyman will retain his responsibility for Morley Fund Management until
his retirement.
Commenting today, Richard Harvey said: 'Over the past two years we have
progressively taken steps to make sure that Aviva is a company fit for the
future. These changes align our strategy and structure more effectively, and
direct our energies to delivering profitable growth and operational excellence.'
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Enquiries:
Analysts / Investors
Steve Riley, Investor Relations Director +44 (0) 20 7662 8115
Media
Sue Winston, Head of Group Media Relations +44 (0) 20 7662 8221
Alex Child-Villiers, Financial Dynamics +44 (0) 20 7269 7107
Aviva is the largest provider of life and pensions to Europe with substantial
positions in other markets around the world, making it the world's
seventh-largest insurance group based on gross worldwide premiums.
Aviva's principal business activities are long-term savings, fund management and
general insurance, with worldwide premium income and retail investment sales
from continuing operations of £28 billion and assets under management of more
than £200 billion.
Photographs are available from the Aviva internet media centre at www.aviva.com/
media
This information is provided by RNS
The company news service from the London Stock Exchange
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