Economy
Aviva CFO stands down |
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| Economy | |
| Written by Paul Williams | |
| Thursday, 18 June 2009 | |
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Aviva plc (LON:AV) has announced that Philip Scott will step down as executive director and chief financial officer of Aviva at the end of the year, after a career spanning 36 years with the group. Andrew Moss, Aviva CEO, said: "I would like to thank Philip for his considerable efforts on behalf of the group over many years. In the course of his career Philip has occupied a number of very senior positions in the group and as CFO that experience has helped Aviva navigate successfully through some very difficult market conditions. "Aviva has a strong and resilient business model, which has positioned us well in a challenging economic environment. Our capital position has remained strong and has been enhanced for the benefit of customers and shareholders. As we saw, sales held up well in the first quarter as customers sought out strong and secure brands with whom to save and protect their futures. "We are now looking ahead as we continue to transform Aviva. I have a strong executive team in place to which I look forward to adding a new CFO and together we will take the business to the next phase." |
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