FTSE 100-listed insurance group Aviva has reported a raft of appointments to its senior management board as it seeks to position business leaders in its key markets.
In a company update issued on Thursday the group reported that David McMillan had been appointed as Chief Executive Officer of Aviva Europe. Within this capacity, he will be the member of the Group Executive accountable for Aviva's businesses in Spain, Italy, Turkey, Poland, Lithuania and Russia. Additionally, he will become the Chair of Aviva's French board.
Prior to the appointment, McMillan held the post of Group Transformation Director at Aviva.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Succeeding McMillan in the role of Group Transformation Director is Nick Amin, who will additionally become a member of the Group Executive, reporting to Mark Wilson, the Group Chief Executive Officer of Aviva appointed in November 2012.
Jason Windsor has been appointed to the post of Group Executive as Chief Strategy and Development Officer and David Angulo will broaden his remit to take on global responsibility for driving his development of Aviva's bancassurance distribution across the group.
Mark Wilson, Chief Executive Officer of Aviva, commented on the new appointments saying, "these changes are about ensuring we have the right people in the right jobs and that we have the best possible leadership team so Aviva can achieve its undoubted potential. David McMillan's and Jason Windsor's new roles recognise the strength of their achievements during 2012."
Aviva's share price was up 1.27% to 357.50p at 11:00 on Thursday morning.
The fallout from the war on landlords
Investors fleeing the market and the rise in rents are affecting us all.
By Charlie Ellingworth Published
Eight small-cap trusts to bet on
Funds investing in market minnows are out of favour, but the cycle will turn. Here are the best bets.
By Max King Published