AXA UK & Ireland has announced that Alain Zweibrucker (pictured) will assume the role of chief executive officer of its retail insurance unit on January 2, 2024, pending regulatory approval.
Zweibrucker has been with AXA for 25 years and previously held senior positions in property & casualty insurance across various markets. His most recent role was chief financial officer at AXA Switzerland, serving on the executive committee for seven years.
During his tenure in Switzerland, Zweibrucker spearheaded transformative initiatives aligned with AXA’s strategic plan. He also played a pivotal role in capital management endeavours, including the establishment of a third-party asset management business model.
Starting his career as an actuary at AXA Portugal, Zweibrucker progressed to assume key roles within the AXA Group in Paris and Germany. Some of his former positions include property & casualty actuary director, head of financial control, chief risk officer, and head of property & casualty retail.
Tara Foley, CEO of AXA UK & Ireland, commended Zweibrucker’s technical expertise and track record of driving transformation and results.
“This background combined with his experience as a results-oriented and people-focussed leader will be invaluable as we navigate a challenging market environment and continue to drive the success of our retail business,” she said.
Foley also acknowledged Anna Fleming’s tenure as interim CEO of AXA Retail. With Zweibrucker’s appointment, Fleming will return to her role as chief operating officer.
“I’d also like to thank Anna Fleming for doing an incredible job of leading the retail business as interim CEO,” said Foley. “I know Anna will be a great help to Alain when he starts in the new year.”
Commenting on his new role, Zweibrucker said: “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.”
What are your thoughts on this story? Feel free to comment below.