AXA UK&I announces Alain Zweibrucker as CEO of AXA Retail

AXA UK & Ireland today announces that Alain Zweibrucker will join as Chief Executive Officer of AXA Retail on 2 January 2024, subject to regulatory approval. Alain will also be a member of the UK & Ireland Management Committee and will report to the UK & Ireland CEO, Tara Foley.

Alain has worked at AXA for 25 years and has held senior property & casualty insurance roles in a number of markets. He joins AXA UK & Ireland from AXA Switzerland, where he was Chief Financial Officer and a member of the company’s Executive Committee for the past seven years. During his time there, he led on transformation to deliver growth and earnings in line with AXA’s groupwide strategic plan and drove capital management initiatives, including the development of a third-party asset management business model. Alain started his career as an actuary at AXA Portugal before moving to an AXA Group role in Paris as Property & Casualty Actuary Director and then to AXA Germany for roles as Head of Financial Control, Chief Risk Officer and Head of Property & Casualty Retail.

Alain has a wealth of technical expertise in property & casualty insurance and a strong track record of transformation and delivery. This background combined with his experience as a results-oriented and people focused leader will be invaluable as we navigate a challenging market environment and continue to drive the success of our Retail business.

I’d also like to thank Anna Fleming for doing an incredible job of leading the Retail business as Interim CEO. I know Anna will be a great help to Alain when he starts in the new year.

Tara Foley, CEO at AXA UK & Ireland

I am delighted to be taking on the role of CEO at AXA Retail. This is a great business with a brilliant team of experts who work tirelessly to provide the best services and products for customers. I’m looking forward to working together to deliver on the business strategy and continue meeting the evolving needs of customers in an increasingly uncertain world.

Alain Zweibrucker

Alain will take over from AXA Retail Interim CEO Anna Fleming who will return to her former role as Chief Operating Officer at AXA Retail. Tara Foley was previously CEO of AXA Retail before being appointed CEO of AXA UK & Ireland in September 2023.

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About AXA UK

AXA Insurance UK plc registered in England and Wales under registered number 078950 and authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority under Financial Conduct Authority registration number 202312. Registered office is 20 Gracechurch Street, London, EC3V 0BG.

AXA UK is part of the AXA Group, a worldwide leader in insurance and asset management, with 147,000 employees serving 94 million clients in 50 countries. In 2023, IFRS revenues amounted to Euro 102.7 billion and underlying earnings to Euro 7.6 billion. AXA had Euro 844 billion in assets under management as of December 31, 2023.

In the UK & Ireland, AXA operates through a number of business units including: AXA Insurance, AXA Health and AXA Ireland. AXA UK & Ireland employs around 10,000 staff.

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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, expectations 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 AXA’s actual results to differ materially from those expressed or implied in such forward looking statements. Please refer to Part 5: “Risk Factors and Risk Management” of AXA’s Universal Registration Document 2022, 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, except as required by applicable laws and regulations.