Aviva Investors makes key hire in Sweden with appointment of Tove Bångstad
Aviva Investors today announced the appointment of Tove Bångstad as business development director – Sweden. In this newly created role, Tove will be responsible for growing Aviva Investors business and client relationships in the Nordic market.
Starting on 1 February 2011, she will report to Véronique Cherret, director - head of institutional channel - UK & Europe.
Prior to joining Aviva Investors, Tove was at SEB Wealth Management where she was most recently head of institutional clients for Sweden as well as head of Mutual Funds. In this role she was responsible for all sales in Sweden, institutional as well as third party distribution channels, managing a number of external partnerships and working closely with clients.
Ted Potter, managing director - business development Europe, commented: “Sweden has one of the best regarded pensions systems in the world and is a core market for Aviva Investors, particularly given our longstanding experience in working with pension funds and more recently, on the potential implications of Solvency II.
“We look forward to deepening our relationships in both the institutional and financial institutions space following the appointment of Tove, who has great experience in the Swedish market and a strong track record in building external business as well as experience as being a client on the institutional side.”
Tove Bångstad commented: “Many investors in Sweden are currently looking to diversify their portfolios, bringing in more alternatives, such as real estate, private equity and hedge funds. I believe that Aviva Investors strength and expertise as a global asset manager, underpinned by a strong risk-management heritage and experience in corporate governance will be an advantage in this market. I look forward to joining the company and building on its offering and presence in the Nordic region.”
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For more information contact:
Wendy Svirakova
Corporate Affairs
+44 (0)20 7809 8810
Notes to editors:
Aviva Investors
Aviva Investors is the global asset management business of Aviva plc. The business delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America and the United Kingdom with assets under management of almost £249 billion at 30 June 2010.
Aviva plc
Aviva is the world’s sixth largest1 insurance group, serving 53 million customers across Europe, North America and Asia Pacific.
Aviva’s principal business activities are long-term savings, fund management and general insurance, with worldwide total sales2 of £45.1 billion and funds under management of £379 billion at 31 December 2009
1 Based on gross worldwide premiums at 31 December 2009.
2 Based on 2009 published life and pensions PVNBP on an MCEV basis, total investment sales and general insurance and health net written premiums, including share of associates’ premiums.