New IAG CEO Mike Wilkins intends to set a series of financial and performance “milestones” for the group.

The Sydney Morning Herald says Mr Wilkins – who took over from Mike Hawker a week ago – intends to use the targets as a way of restoring investor confidence. He has told journalists, analysts and other vital groups – he spoke to visiting New Zealand brokers in Queensland on Thursday, for example – that a review of the group will be completed next month.

The report says Mr Wilkins’ milestones will include IAG’s dividend intentions, its insurance margin and its final operating and management structure. The review is also examining the future of the group’s under-performing UK business.

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