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    AV.   GB0002162385

AVIVA PLC

(AV.)
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Aviva : Appointment of Mohit Joshi and Jim McConville as Non-Executive Directors of Aviva plc

10/21/2020 | 06:30am EDT

Aviva plc ('Aviva' or the 'Company') announces the appointment of Mohit Joshi and Jim McConville as Independent Non-Executive Directors of the Company with effect from 1 December 2020.

Jim and Mohit bring significant experience in retail financial services and operational and IT transformation to the Board. Jim was previously Group Finance Director of Phoenix Group, where he was responsible for all aspects of the Group's financial strategy and management and during which he led the transition programme bringing Phoenix and Standard Life Assurance together. Prior to that he was Chief Financial Officer of Northern Rock from 2010-2012, and prior to that worked for Lloyds TSB Group (now Lloyds Banking Group plc) in a number of senior finance and strategy related roles. Jim is currently a Non-Executive Director of Tesco Bank.

Mohit is a President of Infosys, a global leader in next-generation digital services and consulting. He heads the Financial Services, Healthcare and Life Sciences business verticals for the company and is the Chairperson for EdgeVerve, their Software subsidiary. Mohit joined Infosys in 2000 after an initial career in Banking and has over 24 years of professional experience working across the US, India, Mexico, and Europe.

Jim will assume the role of Chair of the Customer, Conduct and Reputation Committee and will become a member of the Audit, Risk and Nomination and Governance Committees. Mohit will become a member of the Risk and Nomination and Governance Committees.

We are delighted to welcome Mohit and Jim to the Board. Their tremendous expertise adds significantly to the skills and experience of the Board. Jim is an experienced CFO and Mohit a renowned business leader in technology and transformation, and their collective knowledge of our industry will ensure Aviva continues to move at pace.
George Culmer, Chairman

-ENDS-

Enquiries:

Media:

Andrew Reid
+44 (0)7800 694 276

Sarah Swailes
+44 (0)7800 694 859

Analysts:

Diane Michelberger
+44 (0)20 7662 0911

Notes
  • In accordance with paragraph LR 9.6.13R of the listing rules, Aviva confirms there is no information to be disclosed in terms of LR 9.6.13R(1) to LR 9.6.13R (6) inclusive in respect of Jim McConville and Mohit Joshi.
  • At the date of this announcement, Mohit Joshi and Jim McConville have no beneficial interest in ordinary shares of Aviva.

Disclaimer

Aviva plc published this content on 21 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2020 10:29:01 UTC


ę Publicnow 2020
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Sales 2021 46 772 M 65 214 M 65 214 M
Net income 2021 2 260 M 3 151 M 3 151 M
Net cash 2021 8 664 M 12 080 M 12 080 M
P/E ratio 2021 6,96x
Yield 2021 5,58%
Capitalization 15 440 M 21 569 M 21 528 M
EV / Sales 2021 0,14x
EV / Sales 2022 0,15x
Nbr of Employees 28 596
Free-Float 97,1%
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Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 393,10 GBX
Average target price 464,14 GBX
Spread / Average Target 18,1%
EPS Revisions
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Amanda Blanc Chief Executive Officer & Executive Director
Jason Michael Windsor Chief Financial Officer & Director
Mark George Culmer Non-Executive Chairman
Nitinbhai Babubhai Maganbhai Amin Chief Operating Officer
Michael Mire Independent Non-Executive Director
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