Executive Management

AXA's Executive Management comprises the Chairman & Chief Executive Officer and a Deputy Chief Executive Officer. A Management Committee and an Executive Committee also support the operational management of the Group.

The Chairman & Chief Executive Officer (PDG)

In the context of the change in AXA's governance structure, the Board of Directors concluded that it was in the best interests of the Company and its shareholders for Mr. Henri de Castries to hold the position of Chairman in addition to his functions as Chief Executive Officer. According to French law, Mr. de Castries is characterized as the Président Directeur Général or PDG.

The Chairman & CEO is vested with the broadest powers to act on behalf of the Company. He exercises these powers within the scope of the corporate purpose and subject to the powers expressly assigned by law to the shareholders' meetings and to the Board of Directors. He represents the Company vis-à-vis third parties.

The Deputy Chief Executive Officer

Mr. Denis Duverne has been appointed Deputy Chief Executive Officer by the Board of Directors on April 29, 2010. His role is to second the Chairman & Chief Executive Officer. The Board of Directors determines the scope and duration of the powers vested to the Deputy Chief Executive Officer.

The Management Committee

The Chairman & Chief Executive Officer has decided to establish a Management Committee to assist him in the operational management of the Group. This Committee comprises seven members:

  • Mr. Henri de Castries, Chairman & Chief Executive Officer
  • Mr. Denis Duverne, Deputy Chief Executive Officer
  • Mr. Christopher Condron, President and Chief Executive Officer of AXA Financial, Inc. (United States) and Global Head of Life & Savings and Health
  • Mr. Peter Kraus, Chairman & Chief Executive Officer of AllianceBernstein
  • Mr. Nicolas Moreau, Chief Executive Officer of AXA UK/Ireland and Chairman of AXA Investment Managers
  • Mr. François Pierson, Chairman and Chief Executive Officer of AXA France, responsible for Large Risks, Assistance and AXA Canada and Global Head of Property & Casualty
  • Mr. Jacques de Vaucleroy, Chief Executive Officer for the Northern, Central and Eastern Europe business unit

The Executive Committee

The Management Committee is supported by an Executive Committee, which principal mission is to review AXA Group's strategy. The Executive Committee is an internal management committee composed of members of AXA's Management Committee and other key senior executives in charge of the Group's principal business units and transversal functions. The seven principal business units of the Group represented on the Executive Committee are: Mediterranean and Latin American region; Northern, Central and Eastern Europe region; United States; Asia-Pacific region and Japan; United Kingdom and Ireland; AXA Investment Managers; France / Canada / AXA Corporate Solutions Assurance / AXA Assistance.

The Executive Committee is comprised of the following seventeen members, including nine non-French nationals:

  • Mr. Henri de Castries, Chairman & Chief Executive Officer of the AXA Group
  • Mr. Denis Duverne, Deputy Chief Executive Officer of the Group in charge of Finance, Strategy and Operations
  • Mr. Michael Bishop, Regional CEO for Asia Life
  • Mr. Dominique Carrel-Billiard, Chief Executive Officer of AXA Investment Managers
  • Mr. Christopher Condron, President and Chief Executive Officer of AXA Financial, Inc. (United States) and Global Head of Life & Savings and Health
  • Mr. John R. Dacey, Chief Executive Officer for the Japan Asia-Pacific business unit
  • Mr. Philippe Egger, Chief Executive Officer of Insurance activities in Switzerland
  • Mr. Jean-Laurent Granier, Chief Executive Officer of the Mediterranean and Latin America region business unit
  • Mr. Gérald Harlin, Group Chief Financial Officer
  • Mr. Frank Keuper, Chief Executive Officer of AXA Konzern AG (Germany)
  • Mr. Peter Kraus, Chairman & Chief Executive Officer of AllianceBernstein
  • Mr. Nicolas Moreau, Chief Executive Officer of AXA UK/Ireland and Chairman of AXA Investment Managers
  • Mr. Mark Pearson, Chief Executive Officer of AXA Life Japan and AXA Japan Holdings
  • Mr. Andrew Penn, Chief Executive Officer of AXA Asia-Pacific Holdings (Australia)
  • Mr. François Pierson,Chairman and Chief Executive Officer of AXA France, responsible for Large Risks, Assistance and AXA Canada and Global Head of Property & Casualty
  • Mr. Jacques de Vaucleroy, Chief Executive Officer for the Northern, Central and Eastern Europe business unit
  • Mrs. Véronique Weill, Group Chief Operating Officer (COO)

The Executive Committee conducts quarterly business reviews (QBRs), during which performance of the AXA Group is reviewed. These reviews were introduced in 2000 to provide a clear and consistent framework for:

-reviewing operational performance and monitoring the progress of key projects using quantifiable standards of measurement;
-assessing the status of Group transversal projects; and
-exchanging ideas and information on key Group strategic orientations.