Aviva CEO quits following shareholder pay revolt

Aviva group chief executive Andrew Moss

The development came last than a week after the insurer giant was humiliated by shareholders who rejected the provider's remuneration package at its annual general meeting.

Aviva's board has asked chairman designate John McFarlane to become interim executive deputy chairman with immediate effect and executive chairman from 1 July.

Mr McFarlane will hold the position while Aviva looks to appoint a new CEO to replace Mr Moss, a process the company admitted may take many months.

In a statement

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