This week, the Private Pensions System Supervisory Commission confirmed its consent to the modification of the authorization documentation of Aviva Company for the Administration of a Private Pension Fund SA.
This week, the Private Pensions System Supervisory Commission confirmed its consent to the modification of the authorization documentation of Aviva Company for the Administration of a Private Pension Fund SA.
With this consent, the PPSSC approves Daniela Vasile’s appointment as CEO of the Aviva Company for the Administration of a Private Pension Fund SA.
Daniela Vasile is a graduate of the Economic Studies Academy in Bucharest and has 10 years of experience in the financial field, having worked with companies such as KPMG Romania or Garanta SA. From 2006 Daniela was deputy CEO with Clal Romania Insurance Re-Insurance SA.
“I would like to welcome Daniela to the Aviva team. She will be coordinating the entire activity of the Aviva Pensions Company and will be monitoring the opportunities for future development. I am convinced that Daniela’s experience in the field of financial services will bring added value to the Aviva company,” Stated Mihai Popescu, CEO Aviva Romania.
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For further information:
Lavinia Pavel – Tomi Tom (Aviva Romania PR Consultancy Agency)
Telephone: 0724 282 323
Email: lavinia.pavel@tomitom.ro
Alex Cirlan – Head of Marketing Aviva Romania
Telephone: 0723 310 378
Email: alex.cirlan@aviva.ro
Notes for editors:
About the Aviva Group
Aviva is the oldest insurance group in the world and the largest in Great Britain, with a history dating back to 1696.
Today, the Aviva Group has 54,000 employees and 50 million clients in 28 countries worldwide*
The Group is European leader in life and pensions insurance, occupying top positions in the majority of the markets where it is operates.
Aviva has funds under management of over £352 billion, * which places Aviva in fifth position in the world insurance companies ranking.
Aviva Group Romania
Aviva Group Romania includes three companies: Aviva Life Insurance, Aviva Management Company for a Private Pension Fund, Aviva Investors Romania (acquired in November 2007).
About Aviva Life Insurance, Aviva Management Company for a Private Pension Fund
Aviva started its life insurance activity in Romania in 2000, holding currently a portfolio of over 50,000 clients (excluding credit life insurance) and has funds under management of £27 million. In 2007 Aviva has created a pensions company which deals with the management of the mandatory pensions fund Pensia Viva and which currently holds a portfolio of over 370,000 clients.
About Aviva Investors Romania
Aviva Investors Romania currently manages €10 million from eight mutual funds, of which five open, each based around a different type of investment: Aviva Investors (AI) Intercapital (a shares fund), AI XT Index (index fund), AI Capital Plus (a diversified fund), AI Orizont (a fixed -income – bonds – fund) and AI Tezaur (a monetary fund) as well as three closed investment funds: AI Everest, AI Leader, and AI Properties RO. Aviva Investors Romania is also prominent on the market as leader of private investment funds accounts. Aviva Investors Romania has shown throughout the years that it is one of the most dynamic and innovative managers in the market.
The company launched the first commission-free sales fund on the Romanian market (AI Tezaur) and the first bonds fund in Romania (AI Orizont). Aviva Investors Romania is also proud to support the growing investment funds market in Romania.
* according to data recorded on 30 June 2009