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Aviva Ireland names Cudmore as new CEO

Aviva Life and Pensions Ireland said Barry Cudmore will take up his new role in the first half of 2023
Aviva Life and Pensions Ireland said Barry Cudmore will take up his new role in the first half of 2023

Aviva Life and Pensions Ireland has today appointed Barry Cudmore as its chief executive - subject to regulatory approval.

Aviva said that Mr Cudmore will take up his new role in the first half of 2023 and will work closely with interim CEO Dave Swanton to ensure a smooth transition.

He is currently chief financial officer at the UK insurer LV= Life and Pensions and has extensive experience in senior executive roles over 25 years across several European insurance markets.

This includes serving as group chief financial officer at Athora Holding and CEO of Aegon Ireland.

He is a Fellow of the Institute of Actuaries and studied Actuarial and Financial Studies at University College Dublin.

Paul Raleigh, Chairman of Aviva Life and Pensions Ireland, said the company's life business is a significant player in the Irish market and a core part of Aviva's business.

Barry Cudmore said he was delighted to be joining Aviva as CEO of Aviva Life and Pensions Ireland.

"Given the company's strength and the pace of market innovation, this is a really exciting time to be joining the business. I am very much looking forward to meeting and working closely with our people, brokers and customers in the new year," he added.