AXA Customer Innovation and New Business Models CEO, Joyce PHILLIPS resigns

The Chief Executive Officer of AXA's customer innovation and new business models unit, Joyce PHILLIPS, has resigned from the Group because she is unable to permanently relocate to France due to personal circumstances.

Joyce PHILLIPS joined the AXA Group in May 2017 as the CEO of a new business unit dedicated to customer innovation and new business models, and as a Member of the Management Committee.

She was scheduled to move permanently to Paris on 1 October, to join her team. However, due to personal circumstances she was unable to proceed with that relocation.

"Joyce PHILLIPS has a passion for new technologies and innovation. While we certainly regret this outcome, we understand and support her decision and wish her every success in the future", said Thomas BUBERL, Chief Executive Officer of AXA.

"AXA is well placed to seize the opportunities presented by new trends in the insurance sector. The new innovation business unit will help accelerate the pace of change in the best interest of insurance customers. I would like to thank Thomas Buberl for the opportunity to lead this team and I look forward to seeing the fruits of their efforts", said Joyce PHILIPS.

Joyce PHILLIPS will be available in a consulting role as needed during the transition.

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