• Tracy Garrad named AXA PPP healthcare Chief Executive Officer

    November 27th 2018. Posted in Corporate

    • Tracy Garrad joins AXA UK and Ireland as AXA PPP healthcare CEO
    • Tracy replaces Keith Gibbs who will be retiring at the end of 2018
    • Garrad takes up the new role on 7 January 2019

    Tracy Garrad has been appointed Chief Executive Officer of AXA PPP healthcare, replacing Keith Gibbs who is retiring.

    Garrad, who joins from HSBC, will officially take up the post on 7 January 2019. She was most recently CEO, HSBC Channel Islands and Isle of Man and prior to that was Chief Executive Officer for First Direct, the number one bank in the UK. Garrad will succeed Keith Gibbs who is retiring at the end of the year and will join the Management Committee of AXA UK & Ireland. Her appointment is subject to regulatory approval.

    Gibbs joined AXA UK and Ireland in 2001 as the CEO for AXA PPP healthcare. Since arriving, Gibbs has successfully grown the business, establishing it as a market leader in the healthcare space, whilst also sitting on the Boards of AXA UK, AXA Insurance UK, AXA Global Health and AXA Venture Partners.

    “I am delighted that Tracy is joining AXA UK and Ireland as our new AXA PPP healthcare CEO. She brings a wealth of experience in large, complex, customer and people centric businesses and this, along with her excellent leadership skills, will further strengthen our management team. I very much look forward to working with her in the next phase for our healthcare business particularly as health continues to be a key strategic focus for the Group.

    “I would also like to thank Keith for his excellent contribution over the years. He has grown a strong business with an impressive financial performance and customer service focus whilst also developing innovative products to better meet our customers’ needs, putting in place some core foundations for the future. I wish him all the best for the future.” [Claudio Gienal, Chief Executive, AXA UK & Ireland]

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    Notes for Editors 


    The AXA Group is a worldwide leader in insurance and asset management, with 165,000 employees serving 107 million clients in 64 countries. In 2016, IFRS revenues amounted to Euro 100.2 billion and IFRS underlying earnings to Euro 5.7 billion. AXA had Euro 1,429 billion in assets under management as of December 31, 2016. In 2016 Interbrand ranked AXA the 1st insurance brand worldwide for the 8th consecutive year.

    In the UK AXA operates through a number of business units including: AXA Insurance, AXA PPP healthcare and AXA Ireland. AXA employees around 10,000 staff in the UK.

    The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISN FR 0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA’s American Depository Share is also quoted on the OTC QX platform under the ticker symbol AXAHY.

    The AXA Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD.

    It is a founding member of the UN Environment Programme’s Finance Initiative (UNEP FI) Principles for Sustainable Insurance and a signatory of the UN Principles for Responsible Investment.

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    Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results and AXA’s plans and objectives to differ materially from those expressed or implied in the forward looking statements. Please refer to Part 4 - “Risk factors and risk management” of AXA’s Document de Référence (Annual Report) for the year ended December 31, 2016, for a description of certain important factors, risks and uncertainties that may affect AXA’s business, and/or results of operations. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise.