JOHN McFarlane, the Scots-born chairman of Aviva, yesterday continued with his reshuffle of the insurance giant’s board after the departure of two long-serving non-executive directors.
Senior independent director Richard Goeltz and audit committee chairman Russell Walls will step down after each had served nine years with the firm.
Existing board member Sir Adrian Montague will take over as senior independent director, while Glyn Barker will chair the audit committee and Bob Stein will join the nomination, remuneration and risk committees.
McFarlane said: “The changes are in line with the on-going programme to refresh the board and ensure that we have the optimum balance of skills, knowledge, diversity and experience on the board.”
Aviva will today publish its full-year results.