Aviva France Chairman and CEO Jean-Pierre Menanteau has announced his immediate resignation during Wednesday‘s executive meeting according to information from French insurance magazine La Lettre de l’Assurance.
An internal note informed employees this afternoon. Corroborating sources within the company indicated that Jean-Pierre Menanteau was displeased with at least one social policy issue from the UK parent company.
The board was surprised at Menanteau’s decision and expressed its deepest regrets. La Lettre de l’Assurance indicates that for a transition period, Andrea Moneta, CEO of Aviva EMEA and Vice President of Aviva France, is to replace Menanteau as non-executive CEO at the board of directors.
Corroborating sources also indicate that Nicolas Schimel, currently distribution manager would become general director and be assisted by Jean-Luc François, current deputy general director.