Aviva UK chief executive Trevor Matthews is stepping down from his role following a management reshuffle.
The insurer released a statement this morning revealing Matthews will not stand for re-election at the 2013 annual general meeting in May and will step down from the board at the same time.
Matthews became UK chief executive in June 2011 from Friends Life, where he was vice chairman. Prior to that he was chief executive of Friends Provident Holdings UK.
He also headed up Standard Life’s UK life and pensions business between 2004 and 2008.
Aviva plc chief executive officer Mark Wilson says: “I would also like to thank Trevor Matthews for his considerable contribution to Aviva and wish him well for his future.”
Matthews exit comes at the same time as a shake up of the insurer’s management team, including the promotion of David McMillan to the position of Aviva Europe chief executive.
McMillan was most recently group transformation director and, prior to that, was the chief executive of the insurer’s UK general insurance business. He will be responsible for Aviva’s businesses in Spain, Italy, Turkey, Poland, Lithuania and Russia and will become chair of its French board.
Nick Amin has replaced McMillan as group transformation director, joining from AIA, where he was executive vice president and group administration officer.
Jason Windsor, chief strategy and planning officer, will join Aviva’s group executive as chief strategy and development officer. He will take over the executive responsibility for Aviva Investors.
Aviva Europe bancassurance director David Angulo will have a broader remit to drive the development of Aviva’s bancassurance distribution across the group.
On 28 January Aviva appointed Khor Hock Seng as the chief executive of Aviva Asia.
Wilson adds: “These changes are about ensuring we have the right people in the right jobs and that we have the best possible leadership team so Aviva can achieve its undoubted potential. David McMillan’s and Jason Windsor’s new roles recognise the strength of their achievements during 2012. Nick Amin and Khor Hock Seng are exceptional additions to the team.”