Insurer Phoenix's top boss Bannister to step down in 2020

Insurer Phoenix Group Holdings Plc said on Friday its chief executive officer (CEO), Clive Bannister, will retire in March next year after nine years with the company, and former Aviva Plc executive Andy Briggs will be the new CEO.

Nov 8 (Reuters) - Insurer Phoenix Group Holdings Plc PHNX.L said on Friday its chief executive officer (CEO), Clive Bannister, will retire in March next year after nine years with the company, and former Aviva Plc AV.L executive Andy Briggs will be the new CEO.

Briggs was the head of UK Insurance at Aviva till early this year and will join Phoenix as CEO-designate and board member on Jan. 1, 2020.

(Reporting by Pushkala Aripaka in Bengaluru; Editing by Vinay Dwivedi)

((Pushkala.A@thomsonreuters.com; Twitter: @pushkala_a; within UK: +44 20 7542 1810, outside UK: +91 80 6749 6633;))

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