Aviva today announced the appointment of Shayne Deighton as group financial management director, reporting to Aviva group finance director, Andrew Moss from 1 May 2006.
Aviva today announced the appointment of Shayne Deighton as group financial management director, reporting to Aviva group finance director, Andrew Moss from 1 May 2006.
Shayne joins Aviva from Ernst & Young where he has been a partner in the life actuarial practice since 2001, servicing a wide range of consulting and audit clients in the UK, Ireland and Europe and internally responsible for quality and risk management.
As group financial management director, Shayne will lead a team of technical specialists responsible for the development and implementation of Aviva’s capital and financial risk management framework and of the operational and governance structures to support it.
Aviva group finance director Andrew Moss said: “We are delighted that Shayne is to join the Aviva team and feel that his extensive experience will bring the requisite focus to this new role. Shayne also brings with him a strong commercial awareness and the ability to drive Aviva’s risk and capital management function towards clear and decisive outcomes.”
Graduating in mathematics from St John’s, Cambridge, Shayne began his career as an actuarial trainee with Commercial Union in 1981, working across a range of functions to become assistant actuary before joining Tillinghast in 1987. There he was involved in a wide range of consulting assignments, key projects being the flotation of Irish Life, demutualisation of Norwich Union Ireland and the start-up of National & Provincial Life. He became a Principal there in 1992.
In 1998, at the time of the Zurich/BAT merger, Shayne joined Zurich Financial Services as UK Life finance director and statutory board member for the four life companies. Shayne initially focused on the finalisation of the merger then restructured the finance department.
With extensive experience in consultancy and line management, Shayne brings to Aviva a sophisticated understanding of the insurance industry, backed by his detailed analytical skills as a qualified actuary.
Along with his MA in mathematics, Shayne also holds professional qualifications as fellow of the Institute of Actuaries and fellow of the Society of Actuaries in Ireland.
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Notes to editors:
- A photograph of Shayne Deighton is available from the image library on the Aviva media centre
- Aviva is the world’s sixth-largest insurance group based on gross world-wide premiums and market capitalisation (at 31 December 2004); it is one of the leading providers of life and pensions in Europe and has substantial businesses in other markets around the world.
- Aviva’s main activities are long-term savings, fund management and general insurance, with world-wide total income of Ł40 billion and assets under management of Ł317 billion at 31 December 2005.