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Aviva boss to step down

  • Insurance firm Aviva’s chief executive Andrew Moss will be leaving his post with immediate effect.

    This comes after the company lost a shareholder vote on executive pay at its annual meeting last week.

    Moss had previously turned down a salary increase due to concerns about pay levels amongst shareholders.

    Chairman designate John McFarlane will lead the company on an interim basis.

    Aviva shares were up 5 percent following the announcement.