Insurance & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Management Strategies

09:49 AM
Connect Directly
Facebook
Google+
LinkedIn
Twitter
RSS
E-Mail
50%
50%

Aviva Global CEO Steps Down

Andrew Moss leaves of his own accord.

London-based Aviva announced that CEO Andrew Moss will step down from his post immediately.

Chairman Designate John McFarlane will become interim Executive Deputy Chairman immediately and Executive Chairman from July 1 pending the appointment of a new CEO. Aviva's Board will assess both internal and external candidates. He is currently a non-executive director of Westfield Holdings Limited and of Old Oak Holdings Limited, having retired from his post as Australia and New Zealand Banking Group CEO in 2007.

“Aviva is a leading company in the insurance sector and I’m excited to play a pivotal role in its transformation and future," McFarlane says in a statement. "My first priorities are to regain the respect of our shareholders by eliminating the discount in our share price and to find internally or externally the very best leader to be our future CEO. I will meet all of the major investors over the coming days and weeks.”

[Read how Aviva USA CIO John Frazee refocused the company's technology investment.]

Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio

Register for Insurance & Technology Newsletters
Slideshows
Video