What’s New: In Brief (June 03, 2008)

Aviva plc has opened its North American Region office in Chicago, Ill., one of four regional centres for the company’s global operations.
The new office will serve as headquarters for its North American executive team functions, a release says. These functions include providing leadership and support for the company’s overall North American business strategy, business development, finance, corporate affairs and human resources.
Its existing general insurance operations will continue to be headquartered in Toronto, Ont.
“North America is a high-growth market for Aviva and we plan to build the global Aviva brand and steer the expansion of our business across the U.S. and Canada,” Andrew Moss, group chief executive of Aviva plc, said in a release.

Marsh & McLennan Companies Inc. (MMC) has announced that Matthew B. Bartley, executive vice president and CFO, is leaving the firm.
MMC has commenced its hunt for a successor, and Bartley has agreed to stay on until a replacement is found to ensure an orderly transition, an MMC release says.
He joined MMC as vice president and treasurer in 2001 and was named CFO in 2006. Prior to that, he served for 10 years in senior international treasury and tax positions at PepsiCo, Inc, the release adds.
“Matt has made invaluable contributions to MMC during his seven years with the firm,” said Brian Duperreault, MMC president and CEO. “He helped navigate the firm through exceptionally challenging times and was instrumental in bolstering MMC’s financial strength and liquidity.”