Australia: Distribution reorganisation

Aviva Australia today announced a reorganisation within its senior distribution team that has resulted in the appointment of Paul Northey as General Manager Distribution and Stephen Trist as National Key Account Manager.

Aviva Australia today announced a reorganisation within its senior distribution team that has resulted in the appointment of Paul Northey as general manager distribution and Stephen Trist as national key account manager.

Paul Northey was previously GM group marketing & distribution development for Aviva and Navigator.

Stephen Trist re-joins Navigator after two years consulting to various members of the master fund/wrap industry.

Jeremy Houghton has been appointed national manager account development and will now report directly to Paul Northey. He will focus on new market opportunities. The company is also in the process of recruiting for a national sales manager.

Grant Salmon, chief operating officer, said with Paul Northey in this key role and Stephen Trist returning, Aviva and its Navigator offering were in great hands, particularly given the roll out of the market leading n-link technology and our invigorated product lines.

"I am confident we have the right people and the best structure in place to assist financial advisers and their customers.

"Paul has 15 years experience in the industry, predominantly in distribution roles, including having previously managed Navigator distribution, however for the last two years he has been responsible for a number of support functions. I think Paul is ideally equipped for this challenge.

"We are also delighted to welcome back into the fold Stephen Trist. Stephen has been closely associated with Navigator throughout its development. He has used his time away from the company to closely study trends in the industry.

"I think Stephen is arguably one of the best qualified people in Australia to promote Aviva’s offerings to our key accounts," said Grant.

The Aviva and Navigator reorganisation has been brought forward by the departure of Paul Greenwood and Shaun Williams, both of whom have decided to join the adviser side of the industry.

"I would like to thank both Paul Greenwood and Shaun for their efforts with Aviva and Navigator and I look forward to them both becoming clients of our business in their new roles," said Grant.

"It is a great testament to the quality of our people that they can find satisfying careers on both sides of the institution/adviser equation. At Aviva and Navigator we pride ourselves on our proximity to advisers and our appeal to the non-aligned dealer groups. It is a compliment to us when senior staff are invited to the other side.

"Both Paul and Shaun have indicated they expect to be amongst our biggest customers over the next few years, which is a challenge we would love to see them achieve," he said.

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Grant Salmon is available for interview.

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

Notes to editors:

  • Aviva Australia is a group of two specialist financial services companies: Navigator and Norwich Union Life Australia Ltd. Portfolio Partners, the Australian funds management arm of Aviva plc, is a sister company. 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, Aviva 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 is a leading provider of life and pensions products to Europe and has substantial businesses elsewhere around the world. Its main activities are long-term savings, fund management and general insurance. It has premium income and investment sales from continuing operations of A$78 billion, and more than A$624 billion of assets under management (as at 1 July 2004). The group has more than 56,000 employees and 30 million customers worldwide.

The information in this document reflects Norwich Union Life Australia Limited's (NULAL) and NULIS Nominees (Australia) Limited's ('NULIS') understanding of existing legislation, proposed legislation, rulings etc as at the date of issue. In some cases the information has been provided to us by third parties. While it is believed the information is accurate and reliable, this is not guaranteed in any way. The information given in this document is of a general nature and has not taken into account the investment objectives, financial situation or particular needs of any particular person and it is not a substitute for professional advice. Applications to invest in a financial product issued by Aviva, or any of its related entities, must be made by completing the application form attached to the applicable Product Disclosure Statement ("PDS"). A PDS is available from Aviva or your financial adviser. Before making an investment decision on the basis of the information above, a prospective investor needs to consider, with or without the assistance of a professional adviser whether the information is appropriate in the light of their particular investment needs, objectives and financial circumstances.

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