Lloyds' Daniels dropped from Aviva shortlist

A number of big UK shareholders are understood to have told Aviva that Daniels, who was strongly criticised for Lloyds' disastrous takeover of HBOS, would not be acceptable as the new chairman, the Financial Times reports. It emerged last week Daniels was on a shortlist of candidates to join the board of Aviva as a director with a view to becoming chairman when Lord Sharman, the current chair, steps down in 2013. Aviva, which has been looking for a new director since last year, is not expected to confirm formally its dropping of Daniels, but the shortlist is thought to have narrowed ...