Aviva appoints Mark Wilson as chief executive

Jenna Towler
clock

Aviva has appointed Mark Wilson as its next chief executive.

Wilson will joined the board on 1 December and take over the top job on 1 January. John McFarlane, chairman of Aviva, who has been acting in an executive capacity pending the appointment of a CEO, will become non-executive chairman on 1 January. Wilson was previously chief executive and president of insurance company AIA Group. The appointment should provide the company's shares with a lift, after the insurer finally ended the long search for a new boss. Wilson will receive a basic annual salary of £980,000. However, he could receive much more if paid an annual bonus worth up to...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Insurer

Aviva takes 40% hit to value of annuity business

Aviva UK has reported a 21% drop in the value of new life business it wrote in the first half of the year, mainly due to a steep fall in annuity business.

Laura Miller
clock 07 August 2014 •

Standard Life sells Simplybiz stake

Simplybiz has bought back Standard Life's 10% share in the group for an undisclosed sum.

clock 11 October 2013 •

Friends Life to cut 150 jobs

Friends Life has confirmed 150 jobs are under threat of redundancy as part of an ongoing company restructure and cost-cutting plan.

Nicola Brittain
clock 04 December 2012 •
Trustpilot