(Alliance News) - Aviva PLC said Thursday it has appointed Interim Chief Financial Officer Jason Windsor to the role permanently.
Windsor, who will also join the company's board as executive director, has been interim CFO since the beginning of July, following Tom Stoddard's decision to step down from the role. Stoddard is expected to remain with Aviva until the end of 2019.
Windsor was previously Aviva UK Insurance CFO. He joined the FSTE 100-listed insurer in 2010.
Chief Executive Maurice Tulloch said: "Jason is exceptionally well qualified to be our CFO. He has a proven track record as CFO of our UK business and a deep understanding of Aviva and the markets we operate in. Jason is a very strong addition to the board and will bring a strong analytical and commercial perspective."
Tulloch himself was only appointed to the top job in March. He replaced Mark Wilson, who stepped down from the role in October 2018 after five years in the role.
Tulloch is currently instituting a transformation of the insurer by separating its UK businesses, which is expected to result in 1,800 job losses over next three years as part of a plan to simplify the business, reduce costs and remove duplication.
Aviva intends to separate its life and general insurance businesses in the UK, with the online direct business being integrated into UK general insurance unit.
Shares in Aviva were 1.7% higher in London on Thursday morning at 394.20 pence each.
By Paul McGowan; paulmcgowan@alliancenews.com
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