Former Lloyds chief Eric Daniels tipped as next Aviva chairman

ERIC Daniels, the former Lloyds Banking Group chief executive, is a candidate to become the next chairman at insurer Aviva, City A.M. learned yesterday.

Daniels, who stepped down as Lloyds’ chief executive at the start of March, is one of about five candidates approached by Aviva about taking a non-executive board position.

The new director would be lined up to succeed Lord Colin Sharman, who has chaired Aviva since 2006.

Aviva has charged Chelsea-based search company Zygos with the task of finding the new director. It is not clear who the other names on the shortlist are.

US-born Daniels, who remains an adviser to Lloyds until September, is likely to be considering a number of roles following his tenure at the bank. He is also currently a non-executive director of telecoms firm BT.

He stepped down after announcing that Lloyds made a £2.2bn pre-tax profit in 2010, its first annual profit since the takeover of HBOS in 2008.

Aviva and Zygos both declined to comment last night.