Aviva today announces the appointment of Tim Harris to the new role of deputy chief financial officer and chief capital officer.
Aviva today announces the appointment of Tim Harris to the new role of deputy chief financial officer and chief capital officer. Tim will lead Aviva’s group capital team with specific responsibility for managing capital across Aviva and leading Aviva’s preparations for Solvency II. Tim will report to Aviva’s chief financial officer, Patrick Regan, and support Patrick in the development of Aviva’s finance team.
Tim will take up his new position as soon as a successor is appointed to his current role as chief financial officer of Aviva’s European business. Tim was previously Aviva’s group chief accountant and before that a partner at PricewaterhouseCoopers.
Aviva also announces today the appointment of Richard Dewar as Solvency II director. Richard will join Aviva in May from RSA where he was chief financial officer for RSA, Ireland. Richard will be responsible for the overall delivery of Aviva’s preparations for Solvency II, working as part of Tim Harris’s new team.
Patrick Regan, chief financial officer commented: “Aviva has a strong capital position and managing this effectively is strategically important for the business and our future development. Tim and Richard will bring valuable expertise and focus to how we manage capital across the group, particularly in the context of Solvency II.”
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Enquiries:
Media
Andrew Reid, head of group media relations
+44 (0)20 7662 3131
Nick Woodruff, Finsbury
+44 (0)20 7251 3801
Analysts
Charles Barrows, investor relations director
+44 (0)20 7662 8115
Jonathan Price, head of investor relations
+44 (0)20 7662 2111
Notes to editors:
- Aviva is the world’s fifth largest* insurance group, serving 53 million customers across Europe, North America and Asia Pacific
- Aviva's main business activities are long-term savings, fund management and general insurance, with worldwide total sales of £45.1 billion and funds under management of £379 billion at 31 December 2009
- We are the largest insurance services provider in the UK and one of the leading providers of life and pensions products in Europe
- A photograph of Tim Harris is available is available at www.aviva.com/media
- For broadcast-standard video, please visit www.aviva.com/media/b-roll-library
- Follow us on twitter: www.twitter.com/avivaplc.
* based on gross worldwide premiums at 31 December 2008.