Shares in insurer Aviva soar on comments by new CEO
Amanda Blanc took over in July to become the insurance company’s third CEO in less than two years
06 August 2020 - 17:27
London — Aviva shares soared to five-month highs on Thursday after the British life, motor and home insurer's new CEO, Amanda Blanc, said it would reduce its focus on Asia and Europe in a strategy shift welcomed by analysts.
Blanc took over in July to become the insurance company's third CEO in less than two years. Analysts have said the insurer is operating in too many countries and sectors, and its shares have lagged rivals...
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