Aviva has promoted Sarah Layden to managing director of its equity release unit.
She strikes from her submit as business and distribution director for Aviva’s Direct Wealth enterprise, having led this unit on an interim foundation masking parental go away.
The monetary companies group provides that Layden has held a lot of senior business management positions within the enterprise since becoming a member of the corporate over 20 years in the past.
The transfer, which came about 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 diverse profession throughout Aviva over the past 23 years”.
Layden provides that the group’s equity release enterprise “has a crucial function to play in serving to clients 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 mentioned gross sales in its retirement division got here in at £1.8bn within the interval, up 4%, pushed by larger volumes in particular person annuities and equity release revenues.
