Motor insurance group Direct Line has poached the head of finance from Aviva's general insurance unit to be its new chief financial officer, replacing its CFO of three years just weeks after a failed takeover offer from Ageas.
Direct Line Insurance Group PLC on Wednesday named Jane Poole as its new chief financial officer.
Poole will join the Bromley, England-based motor and home insurer in October, succeeding Neil.
Investors are racing to buy British debt as traders ramp up bets that the Bank of England will start cutting interest rates before the US Federal Reserve. Official data showed the US rose by more than expected in March in a blow to US rate cut hopes.