Global insurer Aviva plc has announced the appointment of Amanda Blanc as its new Chief Executive Officer (CEO), effective immediately, as Maurice Tulloch steps down from the role and his position on the company’s Board for family health reasons.
Currently, Blanc serves as an Independent Non-Executive Director at Aviva having joined the firm’s Board in January 2020 and Chairs the Customer, Conduct and Reputation Board Committee.
Blanc previously served as CEO, EMEA & Global Banking Partnerships at Zurich Insurance Group, and prior to this, served as Group CEO, AXA UK, PPP and Ireland and has served as Chair of the Association of British Insurers and President of the Chartered Insurance Institute.
Tulloch joined Aviva in 1992 and held numerous senior positions in the business during his time with the firm. He joined Aviva’s Board in 2017 and was appointed CEO in March 2019.
Chairman of Aviva, George Culmer, said: “I would like to thank Maurice for his valuable contribution over many years with Aviva. The Board and I were saddened to hear of the personal reasons behind his desire to step down and we wish him and his family the very best for the future.
“We are delighted that Amanda will be our new CEO. The Board was unanimous in endorsing her appointment. I know she will bring real dynamism to Aviva and re-establish our credentials as a high-performing, innovative and customer-centric business.”
Blanc added: “Aviva is a great company, full of great people, and I’m honoured to be given the opportunity to help shape its future. I want Aviva to be the leader in our industry again and the first choice for our customers and partners. My focus will be on achieving that for the benefit of all of our stakeholders.
“We will look at all our strategic opportunities, and at pace. I have been on the Aviva Board since the start of this year and have a good understanding of where the business has its strengths and what actions we should take across our portfolio.”
Following her appointment, Blanc is to step down from all of her current Non-Executive commitments.