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AXA Appoints CEO For Mediterranean-Latin America Region

Jean-Laurent Granier previously served UAP from 1990 to 1997, until its merger with AXA

The AXA Group (AXA) has appointed Jean-Laurent Granier as CEO of the Mediterranean-Latin America Region (MedLA), effective January 2010. MedLA encompasses AXA’s operations in Spain, Italy, Portugal, Greece, Turkey, Morocco, Mexico, the Gulf countries and Lebanon. He will join the executive committee, and succeed Jean-Raymond Abat, who is retiring from the AXA Group.

Mr. Granier previously served UAP from 1990 to 1997, until its merger with AXA. He served in various positions at AXA France, where he was appointed head of Life Insurance in 2000, and CEO of AXA particuliers/professionnels in 2002.

Henri de Castries, chairman of AXA, said: “I am confident that Jean-Laurent, after successfully completing major projects at AXA France and developing our business in personal lines, will be able to build on Jean-Raymond’s achievements, and I welcome him to the Group’s executive committee on behalf of our entire team.”

AXA stated that MedLA region accounts for 12% of group’s revenues.