AXA appoints a new Northern, Central and Eastern Europe Regional CEO
28 Januar 2010 - 9:05AM
PR Newswire (US)
PARIS, Jan. 28 /PRNewswire-FirstCall/ -- Jacques de Vaucleroy is
appointed CEO of the Northern, Central and Eastern Europe Region
(NORCEE) of AXA as of March 15th in replacement of Alfred
Bouckaert, member of AXA's Management Board and Executive
Committee, who will retire at the time of the AXA Group
Shareholders meeting on April 29th 2010. Jacques de Vaucleroy will
be in charge of AXA's insurance operations in Belgium, Germany,
Luxembourg and Switzerland, as well as in Central and Eastern
Europe, and will also be in charge of AXA Bank Europe. He will take
over all Alfred Bouckaert's responsibilities in the various
governance bodies of the AXA Group. "On behalf of AXA's Management
Board and Executive Committee members, I want to very warmly thank
Freddy Bouckaert for the remarkable work he has accomplished over
the years with always a high level of integrity and
professionalism. Under his management, AXA Belgium has become a
leader in the Belgian market and has demonstrated its strength
during the recent financial crisis. He also successfully managed to
build and consolidate our insurance and banking operations in the
NORCEE Region, which is one of the most important for our group",
said Henri de Castries, Chairman of AXA's Management Board. "I am
very pleased to welcome Jacques de Vaucleroy in the AXA Group. He
brings a unique blend of experience, which is very relevant to our
business mix and will contribute to the future development of the
NORCEE region and to the Group." Alfred Bouckaert, 64, joined AXA
in 1999 as AXA Belgium CEO and member of the Executive Committee of
the AXA Group. In 2005, he was appointed CEO of the newly created
Northern Europe Region and joined the Management Board in 2006 as
NORCEE Region CEO, following Winterthur's acquisition. Jacques de
Vaucleroy, 49, made most of his career within the ING Group, where
he was notably a member of the Executive Committee. He has
developed over the years an extensive experience of the insurance,
asset management and banking businesses, both in Europe and in the
US. About AXA 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
1H09, IFRS revenues amounted to Euro 48.4 billion and IFRS
underlying earnings to Euro 2.1 billion. AXA had Euro 967 billion
in assets under management as of June 30, 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. This press release is available on the
AXA Group website: http://www.axa.com/ DATASOURCE: AXA CONTACT:
Investor relations AXA: Etienne Bouas-Laurent, +33.1.40.75.46.85,
Gilbert Chahine, +33.1.40.75.56.07, Paul-Antoine Cristofari,
+33.1.40.75.73.60, Sylvie Gleises, +33.1.40.75.49.05, or Media
relations AXA: Emmanuel Touzeau, +33.1.40.75.46.74, Armelle
Vercken, +33.1.40.75.46.42 Web Site: http://www.axa.com/
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