Aviva confirms that Derek Stevens and André Villeneuve will retire as independent non- executive directors of the company with effect from 31 December 2006.
Aviva confirms that Derek Stevens and André Villeneuve will retire as independent non-executive directors of the company with effect from 31 December 2006. The intention that both directors would retire on or before that date was noted in the 2005 Annual Report and Accounts and is in line with the board’s plans to renew and refresh its composition. Both directors have served on the board for more than 10 years, Mr Stevens having joined the board in August 1995 and Mr Villeneuve in May 1996.
Russell Walls will succeed Derek Stevens as chairman of the Aviva plc audit committee and at the same time Mary Francis will succeed Mr Walls as chairman of the risk and regulatory committee. Mr Walls and Mrs Francis joined the board in May 2004 and October 2005 respectively and are independent non-executive directors of the company.
-ends-
Enquiries:
Richard Whitaker, group company secretary +44 (0)20 7662 2051
Sue Winston, head of group media relations +44 (0)20 7662 8221
Vanessa Booth, group media relations manager +44 (0)20 7662 2482
Notes to editors:
- Aviva is one of the leading providers of life and pensions to Europe with substantial positions in other markets around the world, making it the world’s fifth largest insurance group based on both gross worldwide premiums at 31 December 2005.
- Aviva’s principal business activities are long-term savings, fund management and general insurance, with worldwide total sales of Ł36 billion and assets under management of Ł322 billion at 31 December 2005.
- The Aviva media centre at www.aviva.com/media includes images, company and product information and a news release archive. Photos of Mary Francis, Derek Stevens, André Villeneuve and Russell Walls are available on www.aviva.com.