Mark WILSON steps down as CEO of AVIVA
The insurance announced the search for a successor "will commence immediately, with internal and external candidates being considered. The process is expected to be completed within the next four months".
During the transition period the Board of AVIVA has asked Sir Adrian MONTAGUE, currently non-executive Chairman of Aviva, to assume executive responsibilities and lead a Chairman's Committee of the three executive directors: Andy Briggs (CEO, UK Insurance), Thomas Stoddard (Chief Financial Officer) and Maurice Tulloch (CEO, International Insurance). After the appointment of the new Chief Executive Officer, Sir Adrian MONTAGUE will revert to the role of non-executive Chairman of Aviva. "There will be no changes in the terms and conditions of any Directors. These interim arrangements are subject to regulatory approval".