A bulletin from AXA’s Paris headquarters notes that the Boards of AXA Japan Holding and AXA Life Japan “met on March 14, 2006 to take important organizational decisions following AXA decision to have Philippe Donnet play a larger role within the AXA Group.”
Donnet will leave his posts as President and Representative Director (Chief Executive Officer) of AXA Life Japan and AXA Japan Holding. However, he will remain in charge of the development and success of AXA in Japan from his new post as Chairman of the Board of Directors of AXA Japan Holding.
AXA also announced the following management moves for its operations in Japan:
— Paul Sampson, currently Deputy Chief Executive Officer of AXA Life Japan, is appointed Chief Executive Officer of AXA Life Japan.
— Frederic de Courtois, currently Chief Financial Officer of AXA Life Japan becomes Chief Executive Officer of AXA Japan Holding, supervising non life business, and Deputy Chief Executive Officer of AXA Life Japan.
— Susumu Yabe, currently head of AXA Advisors, the main salaried sales force at AXA Life Japan, becomes Deputy Chief Executive Officer of AXA Life Japan in charge of distribution with responsibility over all AXA Life Japan sales channels.
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