Aviva's director of distribution development Stephen Gay has been named as the new director general of AIFA, replacing Chris Cummings.
Gay will also become director general of the AMI and Association of Finance Brokers (AFB). He has more than 25 years' experience of the life and pensions market and intermediary distribution. While at Aviva, Gay developed and launched the industry's first financial adviser academy. He also led Aviva's work around the RDR. He previously worked for Prudential and Standard Life. Lord Deben, chairman of AIFA, AMI and AFB, says: "Stephen has an excellent understanding of the challenges and opportunities faced by advisers, including the tough economic climate and the ever-changing regula...
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