Aviva Investors, the £267 billion fund manager, has recruited two senior executives with backgrounds at Standard Life and Legal & General to lead its finance and distribution teams, filling key roles whose previous incumbents departed at the end of last year.

The fund manager's new chief financial officer is David Clayton, who was group CFO at Standard Life until August 2014, when he was succeeded by Luke Savage. Clayton started his new role in December, taking over from Clifford Abrahams, who left that month to become CFO at the Dutch insurance group Delta Lloyd.