Sketch: It's panto time again… and starring a saints and sinners performance
Friday 10 May 2013
Aviva AGMs are usually like Christmas pantos: they come round once a year, feature heroes and (mostly) villains and the audience always enjoys taking part.
Yesterday's shareholder meeting in London's Barbican centre was more like a group therapy session as the insurer's chairman John McFarlane and new chief executive Mark Wilson assured investors they would not repeat the mistakes of the past.
Both opted for red ties - a sign of good luck in some parts of the world - and left their audience in no doubt their predecessors were to blame for the group's current plight. "A year ago at this meeting you sent Aviva a clear message. You were uncertain about the company's direction, angry about its performance," Mr Wilson said. "I know there is still a sense of impatience. I don't blame you... if patience is a virtue, I think Aviva shareholders are on their way to becoming saints."
Aviva's management may have emerged relatively unscathed but should expect a more theatrical production next time if the share price doesn't improve.
Matt Smith is set to join cast of Jane Austen classic - with a twist
Olympic diver has made his modelling debut for Adidas
- 1 Thailand beach murders: Thai PM suggests 'attractive' female tourists cannot expect to be safe wearing bikinis
- 2 Scottish independence: Learn from Quebec's mistakes and beware of promises. Vote Yes.
- 3 'Necrophilia-obsessed' girl among double murder accused in three-way sex case
- 4 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
- 5 Revealed after 75 years of secrecy: 'Fifi' the glamorous WW2 special agent who tested British spies' resolve
Thailand beach murders: Thai PM suggests 'attractive' female tourists cannot expect to be safe wearing bikinis
Scottish independence: Final opinion polls show undecided voters could swing result either way
Isis release 'Flames of War' video warning Obama of attacks troops could face in Iraq
Jennifer Lawrence 'naked sex video' will be leaked next, threatens 4Chan celebrity photo hacker
Hitler’s former food taster reveals the horrors of the Wolf’s Lair
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
Scottish independence referendum: A nation divided against itself
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Portuguese academic says British are 'filthy, violent and drunk'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
iJobs Money & Business
£18000 - £23000 per annum + Comission: SThree: The SThree group is a world lea...
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...
£20000 - £25000 per annum + OTE £35,000 first year: SThree: The SThree group i...
£20 - 24k (Uncapped Commission - £35k Year 1 OTE): Guru Careers: We are seekin...