Barral leaves in Aviva-Friends Life shake-up
Aviva’s UK and Ireland life chief executive David Barral (pictured) will leave the group, after Friends Life shareholders backed the merger of the two companies which is likely to see hundreds of jobs lost in a £225m cost-saving exercise.
John Lister moves from group chief risk officer to lead the finance function in the UK&I Life business as chief financial officer UK & Ireland Life and group business development officer.
As previously announced, former Scottish Widows boss Andy Briggs, current chief executive of Friends Life, will become chief executive of the enlarged Aviva business.
Clive Bolton, managing director for retirement solutions at Aviva, will be responsible for the retirement business of the combined companies.
Andy Curran, chief executive of Friends Life, will take responsibility for the combined corporate and business propositions as managing director of corporate and business solutions.
Ex-Aviva director Curran joined Friends Life as interim chief executive in July 2014, replacing John Van Der Wielen who became chief executive of Friends Provident International. Van Der Wielen will be executive chairman of Friends Provident until he leaves the group on 1 July.
The transaction will complete on 13 April.