Scott to step down as Aviva CFO

International insurance group Aviva has announced that Philip Scott will step down as executive director and chief financial officer at the end of the year, after a career spanning 36 years with the group.

Andrew Moss, Aviva CEO, said: "I would like to thank Philip for his considerable efforts on behalf of the group over many years. In the course of his career Philip has occupied a number of very senior positions in the group and as CFO that experience has helped Aviva navigate successfully through some very difficult market conditions.

"We are now looking ahead as we continue to transform Aviva. I have a strong executive team in place to which I look forward to adding a new CFO and together we will take the business to the next phase."

A search for Scott's replacement is taking place and Aviva will make an announcement in due course, a company statement said.