Leading Insurer Aviva Welcomes James Hillman as Chief Risk Officer

Posted on 31, May 2023 by | This entry was posted in Business, Financial, Insurance, Management, United Kingdom and tagged , , , , , , , , , . Bookmark the permalink.

Leading Insurer Aviva Welcomes James Hillman as Chief Risk Officer

(IN BRIEF) James Hillman has been appointed as the Chief Risk Officer of Aviva plc, a global insurance company. Currently serving as the CFO of Scottish Widows and Finance Director of Lloyds Banking Group’s Insurance, Pensions, and Investments Division, Hillman will assume his new role later this year. With over 20 years of experience in regulated roles, including his previous position as Chief Actuary at Scottish Widows, Hillman brings valuable expertise in risk management to Aviva. His appointment demonstrates Aviva’s commitment to maintaining a strong risk management framework and enhancing its risk management capabilities.

(PRESS RELEASE) LONDON, 31-May-2023 — /EuropaWire/ —  Aviva plc (LON: AV), a British multinational insurance company, has announced the appointment of James Hillman as Chief Risk Officer*. Hillman, currently serving as Chief Financial Officer of Scottish Widows and Finance Director of Lloyds Banking Group’s Insurance, Pensions, and Investments Division, will assume his new role later this year.

With a distinguished career spanning over 20 years in financial services, James Hillman brings extensive expertise in regulated roles. Previously, he served as Chief Actuary at Scottish Widows’ Life and General Insurance business from 2015 to 2019. Prior to that, he held various positions at Ernst & Young LLP (EY) from 1999 to 2015, ultimately becoming a partner in the European Insurance Risk and Actuarial practice in 2005.

As Aviva’s Chief Risk Officer, Hillman will play a pivotal role in overseeing risk management strategies and ensuring the company’s adherence to regulatory requirements. His appointment reflects Aviva’s commitment to maintaining a strong risk management framework and further strengthening its risk management capabilities.

Aviva plc welcomes James Hillman to its leadership team and looks forward to benefiting from his extensive industry experience and expertise in risk management.

Amanda Blanc, Group Chief Executive Officer, said:

“James is a fantastic addition to Aviva. He is a highly experienced leader with a strong track-record in financial services and regulated businesses.  As CRO, James will play a crucial role as we continue to grow, manage risk effectively and deliver for our customers.”

James Hillman said:

“Aviva is a brilliant business with clear momentum. The opportunity to lead the Risk Function at this exciting time for the company was one I couldn’t turn down. I look forward to working with Amanda and the wider team.”

*James’ appointment is subject to approval by the PRA and FCA.

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Enquiries:

Media:

Andrew Reid
+44 (0)7800 694 276

Sarah Swailes
+44 (0)7800 694 859

Marion Fischer
+44 (0)7800 693 219

Further information:

James Hillman joins Aviva later this year. Until that date, Stephen Gould will continue as Interim Chief Risk Officer.

A photo of James is available here: Aviva plc | Flickr

Notes to editors:

  • We are one of the UK’s leading Insurance, Wealth & Retirement businesses and we operate in the UK, Ireland and Canada. We also have international investments in India, China and Singapore.
  • We help our 18.7 million customers make the most out of life, plan for the future, and have the confidence that if things go wrong we’ll be there to put it right.
  • We have been taking care of people for more than 325 years, in line with our purpose of being ‘with you today, for a better tomorrow’. In 2022, we paid £23.2 billion in claims and benefits to our customers.
  • Aviva is a market leader in sustainability. In 2021, we announced our plan to become Net Zero by 2040, the first major insurance company in the world to do so. This plan means Net Zero carbon emissions from our investments by 2040; setting out a clear pathway to get there with a cut of 25% in the carbon intensity of our investments by 2025 and of 60% by 2030; and Net Zero carbon emissions from our own operations and supply chain by 2030.  Find out more about our climate goals at www.aviva.com/climate-goals and our sustainability ambition and action at www.aviva.com/sustainability
  • While we are working towards our sustainability ambitions, we acknowledge that we have relationships with businesses and existing assets that may be associated with significant emissions. More information can be found at www.aviva.com/sustainability/climate/
  • Aviva is a Living Wage and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at https://www.aviva.com/about-us/our-people/
  • As at 31 December 2022, total Group assets under management at Aviva Group were £352 billion and our estimated Solvency II shareholder capital surplus as at 31 March 2023 was £7.7 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.
  • For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us
  • The Aviva newsroom at www.aviva.com/newsroom includes links to our spokespeople images,  podcasts, research reports and our news release archive. Sign up to get the latest news from Aviva by email.
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  • For the latest corporate films from around our business, subscribe to our YouTube channel: www.youtube.com/user/aviva

SOURCE: AVIVA

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