AXA promotes annuity head to lead new business unit

AXA has promoted Todd Solash, currently the head of the individual annuity business, to lead a new legacy book management business unit, based in the US.

In this new position, Solash will report to AXA US chairman and CEO Mark Pearson, and will be responsible for driving the strategic management of company's legacy life and annuity business.

Prior to joining AXA, Solash was a partner in the insurance practice of Oliver Wyman. He has also served on the executive committee of Jefferson National Life and in various roles.

Pearson said: “Todd successfully led the individual annuities business through an especially challenging market. He has been a pioneer in the industry for managing inforce books and coming up with innovative strategies for clients.”