AXA Art has appointed industry veteran, Irina Buchmann as president and chief executive officer of its Americas operation.
The Americas operations of the specialist insurer encompasses Brazil, Canada, Mexico and the United States. AXA Art insures more than $100 billion in art and collectibles in more than 20 countries worldwide.
Buchmann has 16 years of experience in strategy, finance and risk management within the AXA Group. Over the course of her career she has held several board positions with AXA across Europe. Prior to her new appointment, she was a project manager with AXA Equitable Life in New York and before that she was head of capital management and chief risk officer for AXA in Paris. She has also served as chief financial officer of AXA Bank Europe.
AXA recently agreed to acquire XL Group Ltd. The merger agreement has been approved by the boards of AXA and XL Group. The transaction is expected to be completed during the second half of 2018.
Upon completion of the acquisition, the combined operations of XL Group, AXA Corporate Solutions (AXA’s large commercial P/C and specialty business) and AXA Art will be led by Greg Hendrick, currently the president and chief operating officer of XL Group, who will be appointed CEO of the combined entity and join AXA Group’s management committee. Hendrick will report to AXA Group Chief Executive Officer Thomas Buberl.
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