AIA has appointed Sovereign chief executive Nick Stanhope as its CEO, following its acquisition of Sovereign from Commonwealth Bank of Australia (CBA) earlier this month.
Stanhope is now taking the lead on both insurance companies, and has brought a large portion of the Sovereign team over to AIA. Some key names include chief partnership insurance officer, distribution, Patrice de Marigny, and chief product officer Len Elikhis.
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