AXA appoints new chairman of the board: CEO stays

AXA shareholders authorised all resolutions introduced to them by the board on the firm’s annual shareholder assembly on Thursday. Because of this CEO Thomas Buberl has been re-elected by AXA shareholders as a member of the Board of Administrators, whereas Antoine Gosset-Grainville has been appointed Chairman of the Board of Administrators, changing Denis Duverne.

“It’s with nice emotion that I depart the chairmanship of AXA as we speak,” mentioned Duverne. “I had the privilege of succeeding Henri de Castries on this place and accompanying Thomas Buberl in his profitable transformation of the group, with the assist of the board of administrators. I want to categorical my gratitude to the men and women of AXA. his dedication, his cohesion and his skill to excel have all the time been a supply of motivation and satisfaction for me. I’m very assured in the way forward for AXA. The group is stable and robust, with a strategic imaginative and prescient and a objective tailored to the challenges of our time. You’ll proceed to have the ability to depend on very high-quality governance and profit from the abilities of Antoine Gosset-Grainville and Thomas Buberl.”

In the meantime, Gosset-Grainville spoke of her “honor” in taking up the position.

“I want to thank Denis Duverne and Thomas Buberl for his or her assist and collaboration over the previous 12 months,” he mentioned. “Due to this well-prepared transition, the board of administrators, in assist of Thomas Buberl and his groups, stays completely geared up to face an unsure surroundings and put together the group for its long-term challenges.”

Buberl additionally spoke, each in regards to the change within the presidency and about his personal renewal.

“I want to categorical my gratitude to Denis Duverne for his belief and recommendation over time,” he mentioned. “The group will likely be marked for a very long time for all that he has contributed all through his distinctive profession. Since 2016, his assist has been decisive in selling the transformation of the group. I’m more than happy that Antoine Gosset-Grainville is changing into President of AXA and stay up for drawing on his expertise and imaginative and prescient. I’d additionally prefer to thank the shareholders and members of our board of administrators for his or her renewed confidence in him. I’m very excited to start out this new mandate and really optimistic about the way forward for the group, which has as soon as once more proven its energy in the course of the well being disaster. All AXA groups mobilize with me to efficiently implement the Driving Progress 2023 strategic plan.”

Learn beneath: AXA in talks to accumulate a majority stake within the insurance coverage enterprise

Amongst different agreements, AXA shareholders authorised:

• The renewal of the mandate of councilor Rachel Duan for a four-year time period and André François-Poncet for 2 years
• The ratification of the co-optation of Clotilde Delbos as director for the rest of her predecessor’s mandate, till the 2024 shareholders’ assembly that approves the accounts for the earlier 12 months
• The appointment of Gérald Harlin and Rachel Picard as members of the board for a interval of 4 years
• The cost of a dividend of €1.54 per share (roughly $1.62) per share for fiscal 12 months 2021, with cost on Might 10

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