27 May 2016 Insurance

AXA forms new management team to support new CEO

AXA has made a series of appointments to form a new management team that will support Thomas Buberl, the insurance firm’s incoming chief executive officer.

The new Management Committee, AXA's senior executive governance body, will reflect the strategic importance of the Group’s interaction with its customers and its transformation ambition.
It will reinforce the role of large countries (large markets) and global business lines, while the Group’s regions will be repositioned to focus on the development of emerging and smaller markets (emerging markets), in Asia and in the rest of the world.

Effective as of July 1, AXA’s Management Committee will be composed of the 10 members, including Thomas Buberl.

Three members of the current Management Committee, with renewed or confirmed roles and responsibilities, are: Jean-Louis Laurent Josi, CEO of AXA Asia; Mark Pearson, CEO of AXA US; and Véronique Weill, who is appointed Group chief customer officer and CEO of a newly created business line AXA Global Asset Management.

Six internally appointed new members are: Benoît Claveranne, Group chief transformation officer; Paul Evans, CEO of AXA Global Life & Savings and of AXA Global Health; Gérald Harlin, Group chief financial officer; Gaëlle Olivier CEO of AXA Global P&C; Jacques de Peretti, CEO of AXA France; and George Stansfield, Group general secretary, with responsibilities including human resources.

Following the constitution of this new Management Committee, AXA also announced the following senior appointments: Amanda Blanc will become CEO of AXA UK & Ireland; Nick Lane is appointed CEO of AXA Japan; and Wilm Langenbach is appointed CEO of AXA Emerging Markets, EMEALA (Europe, Middle-East, Africa and Latin America),

In addition, Hassan El Shabrawishi is appointed Group chief innovation officer, a newly created position in which he will be responsible for business model innovation, including designing, piloting and implementing new insurance and service proposals within and around AXA’s core value proposition across the Group; and Rino Piazzolla is appointed Group human resources director.

These appointments will be effective from July 1.

Peter Kraus, chairman and CEO of AB, will continue to be a resource to Thomas Buberl and executives throughout the Group on a wide variety of strategic matters.

Buberl said: “The breadth of global experience, the leadership qualities and values of this renewed Management Committee give me a high degree of confidence in our ability to lead AXA through the next phase of our strategic journey, thanks to a stronger focus on our customers and our transformation.

“I have shaped this Management Committee - both in terms of the executives and the allocation of responsibilities - with a view to ensuring that we will work and act collectively as one team to define and execute the Group's priorities, together with our 166,000 employees and distributors worldwide.”

Buberl was appointed deputy CEO of AXA on March 21, 2016, and will be CEO of AXA as of September 1, 2016.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk