AXA Appoints Droesch as CEO – Gulf Region

December 20, 2010

The French-based AXA Group has appointed Jérôme Droesch as CEO for the Gulf region. He was previously Regional CEO for the South-West region of AXA France, and replaces Jean-Louis Laurent Josi, who has been named CEO of AXA Japan.

Droesch, 42, joined AXA Group in 1991 within the Central Direction of the Organization in Paris. He then held several commercial, operational and managerial positions in French regions and in 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.

He will report to Jean-Laurent Granier, CEO of the Mediterranean and Latin America region, and will be in charge of the insurance activities of AXA in Saudi Arabia, United Arab Emirates, Bahrain, Qatar and Oman.

Granier noted: “Under the leadership of Jean-Louis, AXA has become the first international non-life insurer in the Gulf region, one of the more attractive growing markets in the world. I am convinced that his great knowledge of the insurance business lines and his people and managerial qualities will serve Jérôme to pursue and strengthen the dynamic growth in this region with the support of AXA Gulf’s teams.”

The appointment is subject to approval by regulatory authorities.

Source: AXA Group

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