Mick Chadwick, Aviva Investors’ head of securities finance, has left the company.
After 15 years at the helm of Aviva's securities finance team, Chadwick exits as part of a wider cost-cutting initiative in the UK, according to industry sources.
In a long career, Chadwick has served on a number of industry associations and working groups, including the board of the International Securities Lending Association.
Caroline Hedges, Aviva Investors’ global head of liquidity portfolio management since June 2018, is now global head of liquidity and securities finance.
Speaking to SFT, an Aviva Investors spokesperson said: “As part of ensuring that Aviva Investors continues to deliver on its strategic objectives, we recently created a new ‘Liquidity and Securities Finance’ business unit, led by Caroline Hedges who reports to Colin Purdie, CIO, Liquid Markets. As a result of these changes, we can confirm that Mick Chadwick has left Aviva Investors with our thanks and best wishes for the future.”
Mick Chadwick was unavailable for comment.
