Pat Regan, the Group CFO will assume responsibility for Aviva Investors until a successor is appointed. They will then report to Regan during the businesses "next stage of development".
In the same announcement it was revealed Richard Hoskins, Aviva’s CEO North America, and Igal Mayar, its CEO Europe, will also leave the company.
Aviva said the latest bout of departures was part of a decision to remove the regional layer of its structure, as it now operates in materially fewer countries.
Sue Winston, spokesperson for the group, said: "It is safe to say there were no positions for them [the three CEOs] in the management team as it will now be. But there are three people stepping up to the Group Executive Committee (GEC), representing the three biggest businesses."
Subject to regulatory approval, the three CEOs joining the GEC are David Barral from the UK&I Life Insurance business, David McMillan from the UK&I General Insurance and Phillipe Maso from the French business.
Contribution
Dromer joined the Aviva group in 2007 from HSBC where he was global head of group investment businesses. It is now known if he has a role within another organisation yet.
Winston said: "He has recently worked very hard on the performance of the [Aviva Investors] business. He has grown external sales and has been critical in reshaping the organisation. But there is a job to be done in taking the new restructured organisation on and we will recruit someone to report to Pat Regan."
Back in January Aviva Investors announced plans to pull back from the UK retail market, a move that would see 160 jobs cut.
It subsequently tried to backtrack on the statement due to anger from clients that they had not been informed first. Then in March it finally confirmed it would be concentrating on institutional rather than retail distribution.
Responding to suggestions that the Aviva Investors business could be sold off in an effort to make a fitter, leaner organisation, Winston said simply: "Aviva Investors is very much part of the group".
Further details of the Aviva restructure will be set out on 24 May at an investor and analyst event.
