Aviva announces the appointment of Clifford Abrahams as group M&A director with effect from 10 October 2005.
Aviva announces the appointment of Clifford Abrahams as group M&A director with effect from 10 October 2005.
Clifford joins Aviva from Morgan Stanley where he is currently managing director investment banking, specialising in financial services. He has significant M&A experience from eight years with Morgan Stanley’s Financial Institutions Group and four further years with the company in broader M&A roles. Prior to joining Morgan Stanley Clifford was a strategy consultant with LEK Consulting.
Clifford replaces Mark Dearsley who took up the role of finance director, Aviva Life International earlier this year. He will report to Andrew Moss, Aviva’s group finance director, leading a team of three M&A professionals.
Andrew Moss said: "We are delighted that Clifford is to join the Aviva team. He has a first-class track record in M&A activity in the financial services sector. We will continue our strategy of augmenting organic growth plans by developing new distribution opportunities and acquisitions where they will deliver value to our shareholders."
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Notes to editors:
- A photograph of Clifford Abrahams is available from the image library on the Aviva media centre at www.aviva.com/media
- 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 Ł280 billion at 31 December 2004.