The board of Hibernian group has appointed Dónal Byrne to the position of chairman effective 10 October 2007.
The board of Hibernian group has appointed Dónal Byrne to the position of chairman effective 10 October 2007. Dónal joined the board of Norwich Union in July 1998 and the Hibernian board upon the subsequent merger of Norwich Union and Hibernian in June 2000.
Two new appointments to the board have also been announced effective 10 October 2007:
- David Simpson, founder of Simpson Xavier and former managing partner of BDO Simpson Xavier has been appointed senior independent director, a non-executive director position.
- Walter Beatty, managing partner of leading Dublin commercial law firm, Vincent and Beatty, has been appointed non-executive director.
Commenting on the board changes, Philip Scott, group finance director of Aviva plc said: "Dónal Byrne has played an influential role on the board and I am delighted that he has agreed to take on the role of chairman. I'd very much like to welcome David Simpson and Walter Beatty to the board. I have no doubt that both David and Walter's business and professional experience will further enhance the strength of Hibernian group."
The terms of office of Peter Malone and Sean Donlon have come to a conclusion and the board of Hibernian wish to express its thanks for the significant contribution that they have both made over the past decade.
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Notes to editors:
- Hibernian group is Ireland's largest composite insurer, ranked first for general insurance and top three for life and pensions.
- Hibernian group is a subsidiary of Aviva plc, the world's fifth-largest insurance group and the UK's largest insurance services provider (based on gross worldwide premiums at 31 December 2006), and is one of the leading providers of life and pension products to Europe, with substantial positions in other markets around the world. Aviva employs 58,000 staff worldwide.
- Aviva's principal business activities are long-term savings, fund management and general insurance, with worldwide total sales of £41.5 billion and assets under management of £364 billion at 31 December 2006.