Aviva appoints group asset management director
Aviva has appointed Martin Muir as its group asset & liability management (ALM) director, effective 11th April 2011.
In the newly-created role, Mr Muir will have responsibility for the optimisation and strategic asset allocation of the company’s investment portfolio.
Based at the insurer’s London headquarters, he will report to Tim Harris, Aviva’s deputy group chief financial officer and chief capital officer.
Mr Muir joins from Goldman Sachs where he is currently a managing director in the securities division, focusing on ALM and 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.
According to Mr Harris: “This appointment is yet another clear demonstration of Aviva’s commitment to excellence in capital management.”
Separately, Aviva has reported that while the average value of a used car is £5,905 and rising, its RAC Inspection business is finding that more than one in four cars inspected are unfit for road use, with 100% able to benefit from some attention and almost half requiring MOT-related work.
Category: Aviva News, Employment News, Insurance News
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