– UK, London – Aviva plc (LON: AV) today announced the appointment of George Culmer as Non-Executive Chairman with effect from the 27th May 2020.
George will succeed Sir Adrian Montague who will retire from the Board on 31st May 2020.
The appointment of George Culmer follows a thorough external and internal selection process led by the Nomination and Governance Committee of the Board. The appointment has been approved by the PRA and FCA.
George is currently the Senior Independent Non-Executive Director, a role he assumed in January 2020. George joined Aviva as a Non-Executive Director in September 2019.
About George Culmer
George Culmer brings extensive experience in insurance and broader financial services to the role. George is currently a non-executive director of Rolls Royce plc. George was previously CFO of Lloyds Banking Group plc and joined their Board in May 2012, and CFO of RSA Insurance Group plc. George has also held senior roles at Zurich Financial Services and Prudential plc.
George Culmer said: “I am honoured to be appointed Aviva’s Chairman. I would like to thank Adrian for his service to Aviva over the last seven years and his leadership during a period of considerable change.”
“Aviva’s purpose for more than 320 years has been to support its customers and communities when it really matters and throughout their lives. This has never been more important than it is today during these current challenging times. I will work closely with Maurice and the management team to ensure Aviva continues to be there to support and deliver for all our customers, our colleagues and our shareholders.”
Aviva is a leading international savings, retirement and insurance business. We exist to be with people when it really matters, throughout their lives – to help them make the most of life. We have been taking care of people for more than 320 years, in line with our purpose of being ‘with you today, for a better tomorrow’.
Our vision is to earn our customers’ trust as the best place to save for the future, navigate retirement and insure what matters most to them. In 2019, we paid £33.2 billion in claims and benefits on behalf of our 33.4 million customers.
We operate through five business divisions: Investments, Savings & Retirement; UK Life; General Insurance; Europe Life; and Asia Life; and focus on three strategic priorities: deliver great customer outcomes, excel at the fundamentals and invest in sustainable growth.
Total group assets under management at Aviva group are £510 billion and our Solvency II capital surplus is £12.6 billion (FY19). Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.
For more information: https://www.aviva.com
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