British carriers Aviva and Friends Life have combined their independent governance committees (IGC) more than a year after the insurance giant acquired the life insurer.
The new, expanded IGC will adopt the commitments made by both previous committees to deliver value for money, Aviva said.
The merged IGC will represent the interests of over three million Aviva and Friends Life workplace pension customers.
Inder Dhingra, Law Debenture Pension Trustees Limited director and chair of the original Aviva IGC, will chair the new committee.
Pitmans Trustees director Steve Carrodus, the previous Friends Life IGC chair, will support Dhingra.
Robert Talbut and Marcia Campbell will remain as independent members of the new IGC, which will be completed by Aviva workplace savings managing director Colin Williams and commercial, propositions and change director Craig Hunter.
“The new IGC provides an excellent blend of skills and experience, and provides good continuity of membership between the two previous committees,” Dhingra said.
Aviva acquired Friends Life in April 2015 and the merger of their IGCs is “another important milestone” in the ongoing integration of the two insurers, according to Andy Curran, Aviva corporate and business solutions managing director.
“Having one IGC overseeing all our workplace pension schemes will ensure a level of consistency for members and means the IGC will have a view across the combined business of Aviva and Friends Life,” Curran said.
Related stories:
Aviva Life CEO named next ABI chairman
Asset manager for Aviva to slash funds
Former Aviva exec joins mortgage firm
