7 December 2020Insurance

Aviva Asia chair to exit amid overhaul; new international CEO revealed

Aviva has appointed AIG's Adam Winslow to the newly-created role of chief executive officer (CEO) international, as part of a strategy overhaul of the insurance giant.

The company has announced that Chris Wei, executive chairman for Asia, will be leaving the insurer in June 2021 following the recent divestment of its Singapore, Indonesia and Hong Kong businesses.

Winslow will join Aviva in January and will be responsible for the company's international businesses in continental Europe and Asia. He will join the group executive committee, reporting to CEO Amanda Blanc.

Winslow has two decades of experience in the international insurance industry and is currently chief executive officer, global life insurance, at AIG. He has previously held several CEO roles at AIG, responsible for life insurance across a number of markets. Winslow was also a former director of partnerships and director of retail at Aviva UK.

Blanc said: "I am determined to change Aviva and unlock value. This requires the strongest possible leadership team. Adam Winslow will bring focus and decisiveness as we manage our businesses in continental Europe and Asia for long-term shareholder value.

"I’d like to thank Chris Wei for his leadership of our Asian businesses over the last six years. Chris has been invaluable in our strategic review of Asia and will be leaving Aviva next year following the successful divestment of our Singapore, Indonesia and Hong Kong businesses. Chris leaves with our huge thanks and best wishes for the future."

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1 June 2021   He replaces Colm Holmes who is leaving Aviva for an external opportunity.
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14 September 2020   UK insurer Aviva reduces Asian business to sharpen its focus on the UK, Ireland and Canada.
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6 March 2020   The move comes after Aviva's new CEO began a strategic review of its Asian business in 2019.