• 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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    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.

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