Aviva board divided over Tulloch restructure plans, reports state
Tulloch has decided to run the life and GI businesses as distinct divisions within Aviva, rather than separating them in different entities.
A boardroom row has “erupted” at Aviva following CEO Maurice Tulloch’s investor report last month, The Telegraph has claimed.
An article published on 21 December suggests that some of the Aviva board believes Tulloch’s internal reorganisation at the insurer does not go far enough in restructuring the company.
Last month, Tulloch told investors that he would simplify the business from 14 divisions to five: investments, savings and retirement, UK life, general insurance, Europe life, and Asia
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