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Aviva has announced that Tom Stoddard will join the Board of Aviva and become Chief Financial Officer with effect from 5 May 2014. He will replace Pat Regan who, as announced on 23 January 2014, is leaving Aviva. Tom is currently Senior Managing Director, Head of Global Financial Institutions Advisory at Blackstone, the global investment and advisory firm. Since the start of 2013, he has been a principal corporate adviser to Aviva in which time he has gathered an in-depth knowledge of the business. Over the last 20 years, Tom has held a variety of senior financial advisory positions, specialising in insurance and financial services. He has a strong track record and reputation for restructurings, capital advisory and financial strategy. Tom’s appointment has been approved by the regulators. Mark Wilson, Group Chief Executive Officer of Aviva, said: “Tom is a high calibre individual and an exceptional addition to our management team. He brings outstanding financial acumen, deep sector expertise, and impeccable commercial and market insight to Aviva. Tom will provide sound judgement and strong challenge – qualities I value highly. “I would like to take this opportunity to thank Pat Regan for his many contributions to Aviva over the last four years and to wish him well in his future career in Australia.” Tom Stoddard commented: “I am thrilled to be joining Aviva at this early stage of its transformation. I admire the progress that Aviva is making and I welcome the opportunity to help take the company to the next level.” |
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