Craig Thornton to run Halifax and Lloyds TSB general insurance
Lloyds banking group has named Aviva UK life chief financial officer Craig Thornton as general insurance director.
Starting from 1 June, Thornton will have responsibility for running the group’s Halifax and Lloyds TSB general insurance units.
Thornton joined Aviva in 2010 as chief risk officer. He was named UK commercial director in November 2011 and UK life chief financial officer in July 2012.
Aviva declined to comment on Thornton’s departure or replacement.
Thornton said: “General insurance is a key area of growth for Lloyds and I am excited to be driving the business forward through continued investment in improving customer experience to strengthen its position as a market leader.”
In addition, Lloyds has also hired former Standard Life executive Ronnie Taylor as pensions and investments director.
Commenting on both appointments, Lloyds group insurance director Toby Strauss said: “These are two strong appointments which will help us further deliver our strategy for the insurance business. Ronnie and Craig both come with strong proven track records in the industry and I am very much looking forward to working with them.”
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