Australia: New CEO appointed

Norwich Union Australia (NUA) today announced the appointment of Allan Griffiths as CEO following Rob Garnsworthy’s planned retirement.

Norwich Union Australia (NUA) today announced the appointment of Allan Griffiths as CEO following Rob Garnsworthy’s planned retirement.

Allan Griffiths (50), who is currently Group Director of Distribution at Norwich Union Australia, will assume the role on 24 April 2003.

With more than 30 years experience in the financial services industry, Allan has previously held executive roles at both Commonwealth Bank and Colonial. For the last two years, Allan has been responsible for the development of the NUA Group distribution strategy and was managing director of Norwich Union Life Australia (a position he will continue to hold).

Mr Griffiths said: “It is a great honour to be appointed to this key role. I am committed to maintaining the strategic direction and corporate plan under which the company is operating. Despite the challenges the equities market has provided, I believe the reinvestment and realignment which has been undertaken at NUA over the last two years will position the company to capitalise on the rebound,” said Allan.

Commenting on the appointment, Managing Director of Aviva plc’s International Division, Cees Schrauwers, said: “Allan Griffiths is the right man for the job. He will build on Rob Garnsworthy’s legacy and lead the company into a new era of prosperity.”

Mr Griffiths holds a Bachelor of Business Degree and is a Responsible Officer under The Financial Services Reform Act.

Allan Griffiths said: “I would like to congratulate Rob Garnsworthy on his achievements during his time as CEO of Norwich Union Australia. He has been able to deliver and bed down the new Navigator platform, restructure the business along operational lines, recruit a quality executive team and focus the business on preparing itself for the opportunities ahead.”

“On behalf of all at NUA, I wish Rob a long and fulfilled retirement,” said Allan.

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Allan Griffiths is available for interview

For further information, please contact:
Simon Morgan
Group General Manager Public Affairs
(03) 9829 8892
0407 966 632

Note to editors:

  • Norwich Union Australia is a group of two specialist financial services companies; Navigator and Norwich Union Life. Portfolio Partners, the Australian funds management arm of Aviva plc, is a sister company to Norwich Union. Through these companies we provide products and services in the areas of wealth creation, wealth management and wealth protection for more than 300,000 customers throughout Australia.
  • Globally, Norwich Union Australia is part of Aviva plc, the world’s seventh largest insurance group, the largest insurer in the UK and one of the top five life companies in Europe. Aviva was formed in May 2000 through the global merger of CGU plc and Norwich Union plc.
  • Aviva’s principal business activities are long-term savings, funds management and general insurance. It has a market capitalisation of approximately A$34.4 billion at 13/01/03, worldwide premium and investment sales of more than A$76.6 billion from ongoing business and more than A$556 billion in assets under management. The group has 64,000 employees and more than 25 million customers.
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