AVEVA Group Plc
AVV:LN
Overview
Company Profile
Aveva provides engineering data and design IT systems to the plant, power and marine industries.
Classification
Financials
Corporate
Board of Directors
Sir Adrian Montague, CBE
Chairman
Appointed to the board of Aviva plc in January 2013 and became senior independent non-executive director in May 2013 and Chairman in April 2015. Sir Adrian brings his significant experience of the financial services industry and in government and regulatory circles to the Board. He is currently Chairman of The Manchester Airport Group plc (airport operator) and The Point of Care Foundation (charity). He is a Non-Executive Director of Cellmark Holdings AB (forest products). Sir Adrian was formerly Chairman of Anglian Water Group Ltd (utilities), Friends Provident plc (life insurance), British Energy Group plc (utilities), Michael Page International plc (recruitment), and Cross London Rail Links Ltd (Crossrail), and was formerly Deputy-Chairman of Network Rail Ltd (railway network authority), Partnerships UK plc (public private partnership) and UK Green Investment Bank plc (investment bank). He was also previously Chief Executive of the Treasury Taskforce and a trustee of Historic Royal Palaces.
Mark Wilson
Group Chief Executive Officer
Mark Wilson joined the Board in December 2012 and became Group Chief Executive on 1 January 2013. Mark has over 25 years of operational and executive experience in the insurance industry across life assurance, general insurance and asset management, in both mature and growth markets. He has extensive experience of leading major international insurance companies and has an excellent track record as a focused and inspirational business leader. Mark was Chief Executive Officer and President of AIA Group (insurance), based in Hong Kong. He repositioned AIA into the leading pan-Asian insurance company, improved its market valuation and successfully navigated the company through the global financial crisis and prepared it for IPO. The company emerged as a stronger and significantly more valuable independent entity, leading to the largest IPO in corporate history in Hong Kong. Mark was previously Chief Executive Officer of AXA China and Chief Executive Officer of AXA South East Asia (insurance). He also held a number of senior management positions at National Mutual (insurance) in New Zealand, where he progressed through many of the major business functions, gaining a deep and broad knowledge of the business. Since he arrived at Aviva, Mark has set out a comprehensive strategy to turn around Aviva’s performance. He has set out an investment thesis of cashflow and growth, focusing the business on clear, simple financial metrics. In his first year, Mark has strengthened the senior management team and is leading a programme to reinvigorate Aviva’s culture, emphasising high performance and a relentless focus on serving Aviva’s customers even better.
Thomas Stoddard
Chief Financial Officer
Tom joined Aviva in April 2014 as chief financial officer and a member of the Group Executive. He has worked primarily as an investment banker, including advising Aviva plc. He also has experience as a corporate lawyer and an asset based lender. From 2008 to 2014, Tom was Senior Managing Director, Head of Global Financial Institutions Advisory, at the investment and advisory firm Blackstone Advisory Partners LP with responsibility for successfully driving Blackstone’s business of advising banks, insurers and other financial institutions globally on M&A and restructuring. He also held senior investment banking positions at Donaldson, Lufkin & Jenrette (investment company) and its successor, Credit Suisse (financial services holding company), where he led the global insurance group as Managing Director. Tom also practiced corporate and securities law with Cravath, Swaine & Moore LLP (US law firm) from 1992 to 1994.\"
Andy Briggs
Chief executive officer of Aviva UK & Ireland Life and Chairman of Global Life
Andy joined the Board April 2015 as chief executive officer of Aviva UK & Ireland Life, to lead Aviva’s enlarged UK Life business following the acquisition of Friends Life Group Limited where he was group chief executive. He has over 25 years of operational and executive experience in the insurance industry across life assurance and general insurance, both in the UK and overseas. At Friends Life he led the transformation of the three acquired businesses and brings his strategic and business skills, experience of organisational change and knowledge of the Friends Life business to the board. He has extensive knowledge of the UK regulated environment combined with experience in capital and risk management. Andy was formerly CEO of Scottish Widows plc (financial services), CEO of the General Insurance businesses of Lloyds Banking Group plc (financial services) and CEO of the Prudential Group’s Retirement Income business (insurance).