By Iain Gilbert
Date: Wednesday 24 Apr 2019
LONDON (ShareCast) - (Sharecast News) - Aviva's UK insurance head Andy Briggs has stepped down from the board, effective immediately.
Briggs, who joined Aviva's board back in April 2015 to lead its enlarged UK life business following the acquisition of his former firm Friends Life, will remain with the insurance giant until 23 October in order to support an orderly transition.
The FTSE 100 resident will replace Briggs with Angela Darlington, currently Aviva's chief risk officer, on an interim basis.
Aviva told investors on Wednesday that under Briggs' leadership the group had made "substantial progress" in the UK over the last four years, integrating Friends Life and consolidating its position as "the UK's leading insurer".
Group chief executive Maurice Tulloch will also lead a review of Aviva's UK businesses to ensure it has the appropriate management structure for the future.
Tulloch said: "These appointments are an important first step to bring greater energy, pace and commercial thinking to Aviva.
"Andy Briggs will be missed. Andy is a brilliant leader and a good friend. Aviva has benefited enormously from his extensive industry experience and his integrity and we wish him well for the future. I look forward to working with him during the transitionary period."
As of 0835 BST, Aviva shares had dipped 0.28% to 424.40p.