CITY MOVES | WHO’S SWITCHING JOBS December 17, 2009 Aviva The insurance giant has appointed Gary Price as marketing director of its UK business. Price will be responsible for customer insight, strategy, brand, sponsorship, communications and corporate responsibility across the UK’s life and general insurance businesses. He was most recently responsible for the reattribution of the inherited estate at Aviva, having joined the business [...]
CITY MOVES | WHO’S SWITCHING JOBS January 27, 2010 Aviva The insurance giant said yesterday Patrick Regan, its incoming chief financial officer and executive director, will step up to his new role on 22 February. Regan was previously group chief operating officer and chief financial officer at Willis Group, and has also held finance roles in the past at the likes of RSA and [...]
CITY MOVES WHO’S SWITCHING JOBS November 26, 2009 PZ CussonsThe personal care firm has appointed Richard Harvey, the former chief executive of insurance giant Aviva, as its new chairman-elect. Harvey became group chief executive of Norwich Union in 1998 and took up his role at Aviva after the merger of Norwich Union with CGU, initiating the re-branding of the group under the Aviva [...]
Aviva payout goes to voters June 3, 2009 POLICYHOLDERS at insurance group Aviva are being sent voting packs outlining the proposed “reattribution” of surplus funds at the company. Aviva is asking its customers to accept payments of a minimum of £200 to forego any future share of surplus cash. Those who vote “yes” will receive payments in November 2009. The deal, which has [...]
Fraudsters jailed over Aviva con June 8, 2009 A trio of conmen who defrauded five directors of insurance giant Aviva out of a combined £638,000 have begun their jail terms, the City of London police said yesterday. The men used publicly available information from Companies House and a series of bogus bank accounts to fool call centre workers in India into revealing details [...]
Dealings start well for Moulton group December 17, 2009 JON Moulton’s £142.4m investment vehicle Better Capital made a quiet start to trading on AIM yesterday, ticking up as high as 105p before settling 3.5p up at 103.5p. Moulton, a former managing partner of private equity firm Alchemy Partners, will use the listed vehicle to deploy capital turning around companies in dire financial straits. Deal [...]
Happy Monday for financials as US data lift big cap shares February 1, 2010 Britain’s top share index closed 1.1 per cent higher yesterday, helped by upbeat US manufacturing data, with banks and commodity stocks topping the list of gainers. The FTSE 100 closed up 58.89 points at 5,247.41, having dipped to 5,163.57 earlier in the session. The index ended 0.8 per cent higher on Friday. Experts said the [...]
Aviva Australia buyers circle May 25, 2009 NAMES are emerging as potential buyers of Aviva’s Australian life assurance business, which is expected to raise around A$1bn (£492m). National Australia Bank and Westpac have emerged as front-runners for the arm, after the former successfully raised £500m last Friday by issuing five-year unsecured notes. Insurance groups Axa Asia Pacific and Australia’s AMP are also [...]
CITY MOVES | WHO’S SWITCHING JOBS January 7, 2010 Rathbone Brothers The fund management group has appointed Mike Webb as chief executive of its unit trust business, Rathbone Unit Trust Management. Webb has over 25 years of experience in the retail funds world and joins from Hermes Fund Managers, where he was head of business development. He has also previously held roles as chief [...]
Philip Scott to leave Aviva as chief exec seeks fresh talent June 18, 2009 PHILIP Scott is leaving his role as chief financial officer and executive director of blue-chip insurer Aviva, as the group looks for a fresh approach to its ongoing restructuring. Scott is stepping down at the end of the year, after 36 years at the firm, as chief executive Andrew Moss continues the group’s overhaul following [...]