Aviva has promoted Sarah Layden to managing director of its equity release unit.
She strikes from her put up as industrial and distribution director for Aviva’s Direct Wealth enterprise, having led this unit on an interim foundation masking parental go away.
The monetary providers group provides that Layden has held various senior industrial management positions within the enterprise since becoming a member of the corporate over 20 years in the past.
The transfer, which happened in 21 July, follows the group’s earlier equity release managing director, Matt McGill’s appointment to managing director of Aviva Health in April.
Layden will report to Aviva Retirement Solutions managing director Dave Elliot.
Elliot says that Layden “has skilled a wealthy and assorted profession throughout Aviva during the last 23 years”.
Layden provides that the group’s equity release enterprise “has a essential function to play in serving to prospects holistically plan for his or her retirement”.
Aviva’s equity release gross sales jumped 41% within the first three months of the yr in contrast to 12 months in the past in May.
The group stated gross sales in its retirement division got here in at £1.8bn within the interval, up 4%, pushed by greater volumes in particular person annuities and equity release revenues.
