Aviva's Europe boss departs

19th Jan 2011 13:18

Andrea Moneta, the chief executive of life group Aviva's European division is to leave the firm at the end of February by mutual consent.Igal Mayer, currently head of North America, has been appointed CEO for Europe with immediate effect. He will join the Board of Aviva, subject to regulatory approval. In a further change of roles following Moneta's departure, Richard Hoskins, will move up from finance director in North America to become CEO of the region.Moneta, a former banker, joined the insurer from a sovereign wealth fund in 2008. Aviva said he had been instrumental in successfully establishing Aviva's European transformation programme.