- 3 updates
Mark Wilson who has just been appointed the new Chief Executive of Aviva said he will continue a company revival plan.
Mr Wilson said he intended to execute the strategy with "rigour and focus".
In July, Aviva unveiled a major sell-off plan after a review of 58 divisions had identified 16 weak performers that would be sold.
And last month the Norwich-based insurance group, which employs 18,500 people in the UK, warned that up to 800 jobs could be lost under the restructuring plan.
Norwich-based insurance giant Aviva has ended its search for a new chief executive today by recruiting the former boss of Asian insurer AIA.
Mark Wilson, who will take up the post on January 1, admitted there was "substantial work to do" at the company.
The board appointed the New Zealander after Andrew Moss was ousted from the top job following a shareholder rebellion over pay in May.
Mark Wilson has just been named the new boss of Norwich-based Aviva.
The new chief executive's basic salary will be £980,000, but he could be in line for a further 150% bonus if he meets "strict" performance targets, Aviva said.