Roger Webb is leaving his post as the head of credit portfolio management at Aviva.
His funds, Aviva Investors Corporate Bond and Higher Income Plus, will be taken over by Chris Higham and Dominic White, who were previously deputy managers of the funds. Webb had been running the funds since 2007.
Higham will take on management responsibilities for the £1 billion Corporate Bond fund and White for the £390m Higher Income Plus fund. Both report into Mark Wauton, the head of credit, who joined Aviva in April.
Webb plans to spend some time with his family before pursuing other opportunities, the group says.