UK - Aviva Investors has announced the appointment of Marcus Shepherd as the company's new real estate finance director.

Shepherd, who previously worked as chief financial officer for Valad Property Group, will start his new role in London in January 2009 and will report to Ian Womack, the chief executive of real estate for Aviva Investors.

Commenting on Shepherd's appointment, Womack said: "Marcus will play a critical role in building the increasingly global requirements of our finance function. He brings a strong track record in real estate finance and will be responsible for driving our financial planning, management and reporting strategy, as well as our banking relationships."

Aviva Investors is the international asset management arm of Aviva plc, the provider of life and pension products in Europe and has £235bn (€276bn) in assets under management.