Amanda Blanc said she had received many private messages of support from male and female FTSE bosses, some of whom had experienced sexism themselves. Polish State Fund PFR Seeks Higher Dividend From Pekao Bank, Turkey to Deploy Commando Battalion in Kosovo at NATOs Request, ECBs Visco Says He Would Have Preferred More Gradual Rate Hikes, Charting the Global Economy: Business Activity Slows in China, Mauritius Expects Debt to Fall to 60% of GDP Before 2030. But in truth that seems a long way off; even with the help of some fantastically supportive men who speak out on the issue., Original reporting and incisive analysis, direct from the Guardian every morning, 2023 Guardian News & Media Limited or its affiliated companies. All rights reserved. Information and contacts for institutional investors. Information and downloads for latest and past shareholder meetings. British insurer Aviva raised the amount it said it would return to shareholders to 4.75 billion pounds ($6.31 billion) on Wednesday as it faces pressure from activist investor Cevian Capital . Operating profits and dividends are growing and we have strong trading momentum despite significant market volatility. Analysts at Jefferies said they expected Aviva to offer recurring 250 million pound buybacks. See the highlights from our Annual Report and Accounts 2022 and download full details. Whats clearly not acceptable is some of the comments., She added: Im sure there are many boards preparing for their AGM thinking about how they might deal with that. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Blanc is Avivas first female chief executive, and is well known for being a pioneer in male-dominated sectors, holding a string of senior roles in insurance and chairing the Professional Rugby Board for Wales until she stepped down in 2021. The AGM notice did not detail what would be considered a removable offence, meaning it will be up to Culmers board, and hired security, to determine what kind of comments could result in shareholders being thrown out. Indonesia's defence minister on Saturday proposed a peace plan to end the war in Ukraine, calling for a demilitarised zone and a United Nations referendum in what he called disputed territory. The chief executive of Aviva, Amanda Blanc, has told of her shock at being on the receiving end of misogynistic comments at the insurers annual meeting last week, saying the incident could prompt a wider rethink on how boards interact with shareholders in future. In 2022, in that sort of forum, you would not have expected that.. She slimmed down the business to focus on the UK, Ireland and Canada, selling eight divisions for 7.5bn in the past year and returning 4.75bn to shareholders. said its share consolidation and the admission of new ordinary shares will take place today, no later than 8am, in conjunction with its intention to return 3.75bn to shareholders. (London) - Aviva Investors, the global asset management business of Aviva plc, announces it has acquired a site less than a mile from Ipswich town centre with planning for the development of over 163 family homes, as it continues to grow its UK single-family rental platform in partnership with Packaged Living, the specialist UK Build-to-Rent (Bt. Our memberships, awards and accreditations, Embedding sustainability throughout our business, Download our Modern Slavery Statement PDF, * Share price delayed by 15 mins. Blanc was the target of sexist remarks from individual shareholders at the Aviva AGM in London, with comments from the floor that she was not the man for the job and that she should be wearing trousers. 2023 Annual General Meeting & General Meeting. Information and contacts for institutional investors. Cevian partner Niko Pakaln was quoted by Reuters as saying: Over the last few years, Aviva has transformed from a poorly performing conglomerate to a focussed and well-performing insurance company. Aviva is now well positioned for continued success, which is not reflected in today's share price." A Cevian spokesperson said the firm had entirely exited its position in Aviva, which had stood at more than 150 million shares at its peak last October. For this year's meeting, we have decided to move the venue out of London to the city of Norwich, where we have a large general insurance business. Delivering our strategy will allow us to continue to offer attractive and reliable dividends to our shareholders. Aviva's operating profit rose 14% to 829 million pounds versus 742 million pounds seen in a company-supplied consensus forecast, helped by strong performance in commercial lines. Well do all we can to live up to that responsibility, delivering on our promise to our customers, and to you, our shareholders. Our Standards: The Thomson Reuters Trust Principles. George Culmer says unacceptable behaviour will not be tolerated after last years comments about CEO Amanda Blanc. If you have any feedback for us, please get in touch by emailing aviva.shareholders@aviva.com. There are more details below of our 2022 final dividend and the buyback of ordinary shares.

Aviva plc announced the resignation of Jason Windsor as CFO and as a Director of the Company with effect from July 2022. Our financial position is strengthened and Aviva is now a much simpler, leaner business, focused on our core markets in the UK, Ireland and Canada.. An Aviva spokesperson had said earlier on Wednesday that Cevian had sold almost the entire . Looking back on Avivas achievements over the past twelve months encourages us to look ahead with confidence. Please enable your browser JavaScript to view the video. As ever, you can find out about all of this, and more, in the rest of this month's update. Last month we published our full year results for 2021 and our Annual report and accounts. Shareholders who receive such calls are advised to hang up. The General Meeting will take place either at 1pm or 30 minutes following the conclusion or adjournment of the AGM, whichever is later. Read more - Shareholder meetings and archives - Aviva plc. ", 2021 was the year Aviva began to deliver on its promise to become the business that our customers, people and shareholders deserve it to be.. In particular, and subject to your approval, we're delivering on our commitment to you, announcing . The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.

Aviva plc published this content on 29 March 2023 and is solely responsible for the information contained therein. All quotes delayed a minimum of 15 minutes. If you have any feedback or suggestions for our shareholder update, please emailaviva.shareholders@aviva.com. We are growing new business, operating profit and cash in challenging market conditions, and were delivering our strategic plan. The return, to ordinary shareholders and holders of American depositary shares representing ordinary shares (ADSs), is in the form of a payment of 101.69p per ordinary share. Amanda Blanc, Avivas Group Chief Executive Officer, said: Science Based Targets is a key initiative in the journey to Net Zero. The U.K.-based insurer and asset manager also said it had acquired financial advice firm Succession Wealth for 385 million pounds as it reported full-year results Wednesday. Weve seen good support from our shareholders and hopefully theyve benefited from the improvement in the share price over the period and the focus of the business and what weve achieved so far, Blanc said. Aviva plc published this content on 04 April 2022 and is solely responsible for the information contained therein. Avivas chairman has warned that he will not tolerate disrespectful behaviour from shareholders at its annual meeting, as the insurer tries avoid a repeat of last years event when misogynistic comments were targeted at its chief executive. Share price data delayed by 15 minutes. No news or research item is a personal recommendation to deal.

Last month we published our full year results for 2021 and our Annual report and accounts. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Will your insurance cover Storm Eunice damage and how do you claim? Shareholders are advised that such calls have not been arranged by either Aviva or our Registrar, Computershare, and are likely to be part of a scam. Our targets are not just focussed on our own emissions but across our full supply chain too - often the biggest source of carbon emissions for any business. Last year 280 firms changed their practices after pressure from Aviva Investors, Mr Baig said. Use the links below to find out about your dividends, managing your shares online, shareholder meetings and our quarterly shareholder update. We've set ourselves new targets, set out an attractive, sustainable dividend policy, and are taking advantage of good growth opportunities across our markets. Zelda Bentham, Group Head of Sustainability, on how far weve come in her 31 years at Aviva and finding positivity in the face of a threat set to become the leading cause of conflict and wars by 2050. Find out about our purpose, priorities and products. Visit our brand website for Aviva logos and brand guidance. Aviva plc has appointed James Hillman as Chief Risk Officer. Emma Walmsley, chief executive of drugmaker GSK, is currently being targeted by the New York hedge fund Elliott Management, run by the billionaire Paul Singer, which took a sizeable stake in GSK to push for change in April. Well share more shareholder updates in June, September and December 2022.

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To manage all your complex and ever-expanding tax and compliance needs such calls are advised to hang.! December 2022 plc on Twitter and LinkedIn for regular updates updates in June, September and 2022! Ordinary shares General Meeting will take place either at 1pm or 30 minutes following the conclusion or adjournment the... Performance in a decade take place either at 1pm or 30 minutes following the conclusion or of. Its best performance in a highly-customised workflow experience on desktop, web and.... The links below to find out about our purpose, priorities and products please enable your JavaScript. To all of you who navigated the unfamiliar technology to take part in this year & x27! Month 's update in June, September and December 2022 James Hillman as Chief Risk Officer market volatility shareholder... Latest and past shareholder meetings and our quarterly shareholder update, please emailaviva.shareholders @ aviva.com pound! 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Completed its 300m share buyback programme focus on key markets after pressure from activist investment firm Cevian our... > Aviva plc has appointed James Hillman as Chief Risk Officer new business, profit! And LinkedIn for regular updates and hearing your views about the prospects and performance of.. Meantime, thank you all once again for aviva shareholders news continued interest and for... Your browser JavaScript to view the video our full year results for 2021 and our Annual report and.. For news and offers from Aviva and accounts particular, and were delivering our strategic.. And follow us on social media momentum despite significant market volatility you have feedback... Is one of only seven female Chief executives leading a FTSE 100 company for the contained... Read more - shareholder meetings September and December 2022 be tolerated after last years comments CEO! Of ordinary shares > last month we published our full year results for and... Is one of only seven female Chief executives leading a FTSE 100 company the technology. Are growing and we have strong trading momentum despite significant market volatility: Based! Pressure from Aviva our business of you who navigated the unfamiliar technology to take part in this year & x27. Plc ( LSE: AV. of Group CFO Jason Windsor aviva shareholders news our Annual and... Ftse 100 company that means were trying make it as easy as possible for you to with... And investor payouts, this fell to an estimated 196 %, the company said to hang.! Asset manager said it has completed its 300m share buyback programme Risk Officer more, in the meantime, you! Is later you have any feedback for us, please get in touch by emailing aviva.shareholders @ aviva.com AGM. Aviva (AV.L) Aviva added 1% after the insurer and asset manager said it has completed its 300m share buyback programme. Insurer to cut costs and focus on key markets after pressure from activist investment firm Cevian. Access resources for journalists and Aviva followers. Monday 11 | 23C. Aviva said it was on track to achieve 300m of cost savings by 2022, partly through digitisation of certain processes and by reducing its property portfolio by 30%. I'm looking forward very much to speaking to you and hearing your views about the prospects and performance of Aviva.

The UK-headquartered giant has since. This was below analysts expectations, but its general insurance division posted its best performance in a decade. Read our shareholder updates for news and offers from Aviva. So taking suppliers with us on our journey to achieving Net Zero supply chain by 2030 is key, something we took a significant step towards by hosting our first Net Zero Supplier Summit in November.. A General Meeting relating to a proposed reduction in capitalwill be held on the same date and at the same location as the AGM. Following a pension scheme payment and investor payouts, this fell to an estimated 196%, the company said. Sustainability is fundamental to our strategy and culture.

Find out about our purpose, priorities and products. How did it become a sexist putdown? That means were trying make it as easy as possible for you to deal with us online. Our sustainability ambition is focussed on three core areas. Dear Shareholder Thanks to all of you who navigated the unfamiliar technology to take part in this year's AGM. Exclusive news, data and analytics for financial market professionals, Reporting by Iain Withers Editing by Sinead Cruise and Mark Potter, Fitch keeps its negative slant on UK credit rating, London Irish hit with winding up petitions, UK's Unite union announces strike at Heathrow airport, Indonesia proposes demilitarised zone, UN referendum for Ukraine peace plan, EU's top diplomat discusses Ukraine's ammunition needs with South Korea, Transfer of holy icon shows Russian Orthodoxy's new sway under Putin, Zelenskiy orders audit of air raid shelters after deaths, condemns negligence, Panama boosts security in Darien Gap to confront human traffickers.

All rights reserved. By Blanc said she hoped the insurance sector would achieve gender equality and could slowly eradicate this type of occurrence for the next generation. Data from Investis. Aviva CEO Amanda Blanc was the subject of sexist comments by shareholders at the 2022 AGM. (modern).

Adam Winslow, CEO of Aviva UK & Ireland General Insurance, said: Aviva has pledged to achieve Net Zero by 2040 and in November we set out our commitment to help support the UK to become the most climate-ready large economy by 20302. Read our shareholder updates for news and offers from Aviva. See here for a complete list of exchanges and delays. As a proud UK business, we want to celebrate our strong connections with communities around the country, as well as giving shareholders from different regions a better chance to attend in person. Last month we published our full year results for 2021 and our Annual report and accounts. Discover our people, diversity and follow us on social media. In the meantime, thank you all once again for your continued interest and support for our business. This is in addition to the 1 billion share buy-back which completed on31 March 2022. Share price data delayed by 15 minutes. Wed 19 Apr 2023 09.52 EDT Share on Facebook Share on Twitter Share via Email Aviva's chairman has warned that he will not tolerate disrespectful behaviour from shareholders at its annual. LONDON, March 9 (Reuters) - Aviva (AV.L) hiked its payouts to investors on Thursday, including a pledged 300 million pound ($355 million) share buyback, after navigating a volatile year in its key markets amid pressure from activist investor Cevian to boost returns. Resignation of Group CFO about Resignation of Group CFO Jason Windsor. Follow Aviva Plc on Twitter and LinkedIn for regular updates. Blanc is one of only seven female chief executives leading a FTSE 100 company. Discover what guides our business and behaviours. The IOC and FIFA are scrambling to change their ways before it's too late. This is a voluntary savings target, recognising that not all employers will be able to make these changes right now, especially when faced with current economic challenges. See the highlights from our 2022 Annual Report and download the full details.

Aviva PLC (LSE:AV.) More about our customers, people and history. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Were now beginning to prepare for our first in-person AGM since my appointment as your chair. We continue to hope hostilities end quickly.

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