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Jérôme Droesch is appointed CEO of AXA Gulf

02-23-2011 12:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: AXA insurance

Jérôme Droesch is appointed CEO of AXA Gulf
Jean-Louis moves to become CEO AXA Japan and member of the AXA Group Executive Committee

AXA Group has announced the appointment of Jérôme Droesch as CEO AXA Gulf. He was previously Regional CEO for the South-West region of AXA France. He replaces Jean-Louis Laurent Josi, who has now been appointed CEO of AXA Japan and also appointed as a member of the AXA Group Executive Committee.

Jérôme Droesch has been with the AXA Group for almost 20 years and has held several commercial, operational and managerial positions in the French regions and Paris. In 2003, he was appointed P&C Insurance Organization Director in France before taking the lead of the sales and distribution direction for the French West Region in 2005. He became Regional CEO for the South-West French region in 2008.

Commenting on his appointment, Jerome said, “I am excited by the new opportunity presented to me by the group. The Gulf region presents a rich and diverse landscape with countries that are financially solid and developing at a fast pace. Under the leadership of Jean-Louis, the team at AXA Gulf has built a strong base and has weathered the economic crisis well. I embrace the new task ahead of taking AXA Gulf to the next level of growth and expansion.”

Commenting on his move and appointment Jean-Louis said “AXA Gulf has achieved a lot in the last couple of years. The company offers a unique claims service, provides compelling product attributes and has used the economic crisis to spend on improving its service standards, investing in talent and training and buying IT solutions to improve the back office operations. All of these improvements provide a backbone to offering competitive benefits and high quality service to our customers and partners.”

Jérôme Droesch’s official date of joining was February 10th 2011.

Notes to the Editor

About AXA in the Gulf
With a workforce of over 700 employees, 12 offices region-wide, serving a customer base over a half million customers and a gross written premium of over US$ 480 million, AXA is a major international insurer in the Middle East offering a wide range of insurance products and services for corporate and individual customers

About the AXA Group
AXA Group is a worldwide leader in Financial Protection. AXA's operations are diverse geographically, with major operations in Europe, North America and the Asia/Pacific area. For full year 2009, IFRS revenues amounted to Euro90.1bn and IFRS underlying earnings to Euro3.9bn. AXA had Euro 1,014 billion in assets under management as of December 31, 2009. The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISIN FR0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA). The American Depository Share is also listed on the NYSE under the ticker symbol AXA.

About the AXA Group
AXA Group is a worldwide leader in Financial Protection. AXA's operations are diverse geographically, with major operations in Europe, North America and the Asia/Pacific area. For full year 2009, IFRS revenues amounted to Euro90.1bn and IFRS underlying earnings to Euro3.9bn. AXA had Euro 1,014 billion in assets under management as of December 31, 2009. The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISIN FR0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA). The American Depository Share is also listed on the NYSE under the ticker symbol AXA.

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