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Saturday, November 21, 2009
News Making Money

Aviva appoints Patrick Regan as CFO

24/10/2009 12:34 (27 Day 21:16 minutes ago)

The FINANCIAL -- Aviva plc (“Aviva”) on October 23 announces the appointment of Patrick Regan as chief financial officer (CFO). Patrick will join Aviva during February 2010 and will become a member of the group board.

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Patrick is currently group chief operating officer and chief financial officer of Willis Group Holdings (“Willis”), the global insurance broker. Patrick joined Willis as CFO in 2006 and took on the additional responsibilities of COO last year.  He recently established Willis Capital Markets & Advisory and is chairman of that business.  

 

Patrick has deep experience of the financial services sector gained in both the UK and USA over 21 years. His previous roles include group financial controller at RSA and finance & claims director, UK general insurance for AXA.  He has also held senior finance roles at GE and specialised in corporate finance and investigations at Grant Thornton.

 

Andrew Moss, group chief executive commented: “I’m delighted that Pat will be joining my executive team.  He has a deep understanding of the insurance business and a track record of leading change to improve financial performance and reporting. He brings a global perspective and a disciplined and highly strategic approach.  These are key qualities as we seek to realise Aviva’s full potential and establish ourselves as a global group.”

 

Patrick Regan said: "I’m very excited to be joining Aviva at this key point in the group’s development as a global company. Aviva is a great company which has significant future potential. I’ve been very impressed by both the quality of the organisation and the people that I have met during this process, and I very much look forward to working with Andrew and his team."

 

Patrick will succeed Philip Scott who steps down as executive director and chief financial officer of Aviva at the end of 2009, after a career spanning 36 years with the group.

 

 

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Politics
Biden Calls for Fulfilling Promises of Rose Revolution

20/11/2009 12:35 (21:15 minutes ago)

The FINANCIAL -- According to Civil Georgia, U.S. Vice President Joe Biden called President Saakashvili on November 18 to discuss democratic reform in Georgia and to reiterate the United States’ strong support for Georgia’s sovereignty and territorial integrity, the White House reported.

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Markets
NASDAQ OMX Stockholm and Valueguard Launch New Housing Price Index

20/11/2009 16:10 (17:40 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm AB, part of the NASDAQ OMX Group (NASDAQ:NDAQ), together with Valueguard on November 19 introduced a new suite of housing price index, "NASDAQ OMX Valueguard-KTH Flats" (HOX), based on the price development for privately held flats in Sweden's three largest cities.







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