Aviva plc today announced the appointment of Martin Muir as its group asset & liability management (ALM) director, effective from 11 April 2011.
Aviva plc today announced the appointment of Martin Muir as its group asset & liability management (ALM) director, effective from 11 April 2011.
In this newly created role, Martin will have responsibility for the optimisation and strategic asset allocation of the Aviva investment portfolio. He will be based at Aviva’s headquarters in London and report into Tim Harris, Aviva’s deputy group chief financial officer and chief capital officer.
Martin joins Aviva from Goldman Sachs where he is currently a managing director in the securities division focusing on ALM & solvency solutions for insurance companies in Europe. Prior to this he spent over twenty years at Watson Wyatt, where he was a main partner and leader of the UK life practice, specialising in providing advice to insurers on risk and value measurement and management.
Tim Harris, deputy group chief financial officer and chief capital officer commented: “I am absolutely delighted that Martin will be joining us as our group asset and liability management director. His experience, talent and reputation will be a valuable addition to our team. This appointment is yet another clear demonstration of Aviva’s commitment to excellence in capital management.”
Martin Muir added: “I'm very excited at the prospect of joining Aviva and look forward to working with Tim and his team to deliver Aviva’s capital management vision as well as a market leading ALM capability.”
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Notes to editors:
- Aviva is the world’s sixth largest* insurance group, serving 53 million customers across Europe, North America and Asia Pacific
- Aviva's main business activities are long-term savings, fund management and general insurance, with worldwide total sales of £45.1 billion and funds under management of £379 billion at 31 December 2009
- We are the largest insurance services provider in the UK and one of the leading providers of life and pensions products in Europe
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* based on gross worldwide premiums at 31 December 2009