Mark Wilson | |
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 Mark Wilson | |
| Born | Mark Andrew Wilson 22 August 1966 |
| Nationality | New Zealander |
| Education | University of Waikato |
| Occupation | Businessman |
| Title | Former Chief Executive, Aviva |
| Term | 2013–2018 |
| Predecessor | Andrew Moss |
| Successor | Maurice Tulloch |
| Board member of | BlackRock |
| Children | 3 |
Mark Andrew Wilson (born 22 August 1966) [1] is a New Zealand businessman, who was appointed the chief executive officer (CEO) of Aviva on 1 January 2013. He stood down from his position on 9 October 2018. [2]
Wilson grew up in Rotorua, New Zealand [3] and was educated at the University of Waikato. [4]
Wilson joined National Mutual, an insurance business based in New Zealand in 1987, and progressed through the management structure. [5] He became chief executive of AXA Southeast Asia in 2001, chief executive of AXA Hong Kong in 2003 and chief executive of AIA in March 2009. [5] He went on to become chief executive officer (CEO) of Aviva on 1 January 2013. [6] In March 2018, Wilson was appointed as a non-executive director of BlackRock. [7]
Wilson was named in the 2016 Debrett's list of Britain's 500 most influential people, a group of individuals who have influenced or made a difference to British society. [8] He was included in that year's list for his role in returning the British insurer to profit and finalising the £5.6bn acquisition of Friends Life, the largest takeover in the insurance sector in nearly 15 years. [9] The merger turned Aviva into one of the UK's largest investors, managing £300bn-plus in assets. [10]
In 2016 Wilson was ranked 12th in Bloomberg's evaluation of the world's best value CEOs. Bloomberg looked at the pay-for-performance ratio of 100 CEOs at some of the largest companies around the world to see which companies are getting the best value from their CEO. [11]
Wilson was listed in the 2016 Debrett's 500 List as one Britain's most influential people in finance for returning the insurance multinational to profit and overseeing the Friends Life acquisition. [12]
Wilson was credited with steering AIA through the financial crisis – a period that saw parent company AIG bailed out by the US government. He prepared AIA for its flotation on the stock market in Hong Kong in 2010, increasing the company's value to $36bn at the time of listing. [13]
He has continued his turnaround work at Aviva, which had run into difficulty at the point of his arrival. Wilson refocused its life and general insurance businesses [14] and bolstered its balance sheet. [15] Under Wilson's leadership, Moody's upgraded Aviva Plc's senior unsecured debt rating to A2 from A3 and Aviva Plc's commercial paper rating to P-1 from P-2. [16]
Having turned around Aviva's performance, he is now looking to transform Aviva into a fintech firm. [17] Opening 'Digital Garages', [18] setting up a new insurance digital business in Hong Kong with Chinese internet company Tencent and private equity firm Hillhouse Capital, [19] the MyAviva digital hub and Aviva's investment in its own digital transformation are all indicators of Wilson's effectiveness in achieving this aim. [20]
On 25 September 2015 Wilson joined 193 world leaders to commit to the Sustainable Development Goals at the United Nations in New York. [21] [22] In a rare opportunity for a private sector CEO, [23] Wilson addressed a UN General Assembly plenary session on behalf of the global business community, calling for business and governments to work together to achieve the Sustainable Development Goals. [24] He was also a leader in setting up the World Benchmarking Alliance, a set of league tables scoring companies against their sector peers on their responses to major sustainability issues. [25] Wilson stated his aim as being to “turn the SDGs into a corporate competitive sport”. [26]
He is also a member of the EAT Foundation advisory board, which he joined in June 2017. The Foundation’s ambition is to reform the global food system so that it is sustainable and supports a growing global population with healthy food from a healthy planet. [27]
Wilson has written about various social issues including putting the brakes on fraudulent insurance claims, [28] and ensuring everyone plays their part to keep the flood threat at bay. [29]
Wilson is a chairman of the Geneva Association, the international think-tank of the insurance industry. [30]
He is a member of the development board of the Royal Foundation for the Duke and Duchess of Cambridge and the Duke and Duchess of Sussex. [31]
He stepped down from his position as CEO of Aviva on 9 October 2018. [2]
Wilson received a distinguished alumni award from Waikato University in 2017. [32]
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of 2023, AIG employed 25,200 people. The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary. General Insurance includes Commercial, Personal Insurance, U.S. and International field operations. Life & Retirement includes Group Retirement, Individual Retirement, Life, and Institutional Markets. AIG is the title sponsor of the AIG Women's Open golf tournament. In 2023, for the sixth consecutive year, DiversityInc named AIG among the Top 50 Companies for Diversity list.
Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and asset management company headquartered in London, England. Its products and services include investment management, lifetime mortgages, pensions, annuities, and life assurance. As of January 2020, it no longer provides general insurance following the sale of Legal & General Insurance to Allianz. It has operations in the United Kingdom and United States, with investment management businesses in the Gulf, Europe and Asia.
Aviva plc is a British multinational insurance company headquartered in London, England. It has about 18 million customers across its core markets of the United Kingdom, Ireland and Canada. In the United Kingdom, Aviva is the largest general insurer and a leading life and pensions provider. Aviva is also the second largest general insurer in Canada.
Prudential plc is a British multinational insurance company headquartered in London, England. It was founded in London in May 1848 to provide loans to professional and working people.
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Clark Preston Manning Jr. is an American actuary and business manager. He was president and CEO during 2002–2010 of Jackson National Life, an insurance company located in Lansing, Michigan. He also was on the board of directors of Prudential plc, during 2002–2010. He is chairman of the board of directors of PPM America, Inc., a subsidiary of Prudential plc.
Aviva Canada Inc. is a Canadian property and casualty insurance company and a wholly owned subsidiary of the UK-based Aviva plc. It provides home, personal, automobile, recreational vehicle, group and business insurance to more than three million customers.
Friends Life Group Limited was a Guernsey-incorporated investment vehicle which had the stated intent of forcing consolidation in the British life insurance industry. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. It was acquired by Aviva on 13 April 2015.
Simply Business is a digital broker and agency for small business insurance.
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Paul Victor Falzon Sant Manduca was chairman of Prudential plc in the United Kingdom from July 2012 until December 2020. Manduca was awarded a Maltese Order of Merit in 2018.
Michael Andrew Wells is an American businessman. He was the chief executive of Prudential plc, a British multinational life insurance and financial services company, from 2015 to 2022. Wells joined Athora, a European savings and retirement group, in July 2022, where he is Group CEO.
Ian Ward Griffiths is a British businessman. He is a non-executive director of BBC Commercial and a Senior Adviser to Bain Capital.
Andy Briggs MBE is a British businessman and chief executive of Phoenix Group. He previously served as the Aviva Chief Executive Officer UK Insurance and Global Life and Health as well as the Government Business Champion for Older Workers and NSPCC trustee.
Evelyn Brigid Bourke is an Irish businesswoman. She is a non-executive board member of Bank of Ireland plc, Marks and Spencer. Admiral Group plc and of London First. She is also joining the board of AJ Bell plc from July 2021.
Maurice Tulloch is a British/Canadian businessman, who was the chief executive officer (CEO) of Aviva from March 2019 to July 2020.
Dame Amanda Jayne Blanc is a Welsh businesswoman who has been the chief executive of Aviva since July 2020. Aviva has 18.5 million customers across the UK, Ireland and Canada, £401 billion of group assets under management and 22,000 people.
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