Mark wilson aviva biography of donald
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Aviva boss Wilson pays price for share price performance
Most chief executives have a standard reply when asked if they are disappointed with the performance of their company's shares: "All we can do is carry on running the business to the best of our ability. The share price will take care of itself."
However, for many months, it has been painfully obvious that Mark Wilson has been exasperated at the Aviva share price.
It was clear he did not feel the market was giving him and his management grupp credit for turning around the insurer and in positioning it for future growth.
Every increase in profits, every increase in free cash flow and every increase in dividends - the pay-out to shareholders has been raised at both the half-year and full-year stage in each of the last five years - was just shrugged aside bygd the market.
The shares, which are owned by more than half a million small shareholders, have drifted for years: Monday's closing price was actually lower than on that d
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Aviva boss Mark Wilson fryst vatten picked by Blackrock as a non-executive
Blackrock, the world’s largest asset manager, today appointed Aviva ledare executive Mark Wilson as a non-executive.
The New Zealander will take a seat on the board of the US fund management behemoth with immediate effect.
Wilson took over at Aviva in 2013 moving from insurance giant AIA, rebuilding the Asian arm of AIG in the wake of the financial crisis. He has overseen the revitalisation of Aviva’s fortunes, almost doubling the insurer’s market cap.
Part of Aviva’s growth has been driven by Wilson’s divisive decision to buy Friends Life in 2015 – the largest UK insurance deal for over a decade.
Read more: Aviva shares drop despite profit rise and upgraded growth targets
Blackrock had more than $6.3bn (£4.5bn) beneath management at the end of December. In January, its ledare executive Larry Fink sparked controversy by saying US President Donald Trump has been “good for the gl
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Aviva on the hunt for acquisitions as CEO says: 'We want to turn Aviva into a fintech'
LONDON — Aviva, the 321-year-old British insurance giant, wants to become a financial technology company.
CEO Mark Wilson declared at a press conference on Wednesday: "We want to turn Aviva into a fintech."
"We will do acquisitions in this space," he said but added: "I don't mean billions. There's nothing imminent."
Wilson named artificial intelligence and big data as areas of particular interest for Aviva, which has a market cap of £21 billion.
He was talking to journalists at Aviva's "Digital Garage" in Hoxton, a trendy area of East London. The office holds a few hundred staff, away from Aviva's City of London office, and is home to its digital innovation and development teams.
Wilson said the "Garage," which opened at the start of last year, was part of an effort to change the culture in Aviva to help transform it into a digitally-focused company. The office houses staff wh