AXA's 2018 results for Women in Finance Charter

Amelie Breitburd highlights AXA’s Women in Finance Charter results following appearance at HM Treasury’s panel discussion in London
Total female senior managers at AXA increased from 30% to 32% between 2017 and 2018
The company is also on track for its target of 40% of senior management roles to be held by women by December 2020, with a tolerance of 10%

AXA UK & Ireland’s Chief Financial Officer, Amelie Breitburd, has highlighted the company’s 2018 achievements as part of the Women in Finance Charter after featuring on a panel at HM Treasury’s annual review earlier this month.

During the panel event held at the Guildhall in London by New Financial and HM Treasury, it was noted that 87% of signatories of the Women in Finance Charter, which AXA is a part of, have met or are on track to meet their targets for female representation in senior management.

AXA’s figures show that despite a small growth in its gender pay gap last year, the company increased its female senior managers from 30% in 2017 to 32% in 2018. It is also on target to achieve 40% of senior management roles to be held by women by December 2020, with a tolerance of 10% (36% minimum).

As an Accountable Executive for the Women in Finance Charter, during the event Breitburd discussed the importance of female representation alongside Bernard Charles from Handelsbanken, Alison Jefferis from Colombia Threadneedle and Tim Hinton from Santander.

Breitburd also highlights the importance of the company’s Diversity & Inclusion board, in particular the work carried out by the Gender Equality ERG made up of volunteers across AXA. This includes setting up events such as speed mentoring, networking events and talks from senior stakeholders.

Other achievements from AXA’s 2018 Women in Finance Charter submission include:

As of March 1st, 2019, AXA has 156 staff in its senior management population, of which 51 are women (32.7%).
AXA currently has 302 females in leader or executive roles (38.7%) and 588 women in leader or senior professional roles (43.5%), indicating a strong pipeline.
The AXA UK Management Committee now has 4 female members out of a total of 9 (44.4%).
The AXA UK Board now has 3 female board members out of a total of 9 (33.3%).

“It was an honour and truly inspirational to be part of a panel for HM Treasury’s Women in Finance Charter event, and I was encouraged by the sheer amount of support of the Charter from the attendees. Here at AXA, we are making great strides in improving gender parity, but we still have a way to go. Luckily, we have a number of programmes, employee groups and HR policies in place to help us achieve our goals and encourage women across the company to move up the ranks.”

— Amelie Breitburd, Chief Financial Officer, AXA UK & Ireland

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About AXA UK

AXA Insurance UK plc registered in England and Wales under registered number 078950 and authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority under Financial Conduct Authority registration number 202312. Registered office is 20 Gracechurch Street, London, EC3V 0BG.

AXA UK is part of the AXA Group, a worldwide leader in insurance and asset management, with 147,000 employees serving 94 million clients in 50 countries. In 2023, IFRS revenues amounted to Euro 102.7 billion and underlying earnings to Euro 7.6 billion. AXA had Euro 844 billion in assets under management as of December 31, 2023.

In the UK & Ireland, AXA operates through a number of business units including: AXA Insurance, AXA Health and AXA Ireland. AXA UK & Ireland employs around 10,000 staff.

Important legal information and cautionary statements concerning forward-looking statements

Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans, expectations or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause AXA’s actual results to differ materially from those expressed or implied in such forward looking statements. Please refer to Part 5: “Risk Factors and Risk Management” of AXA’s Universal Registration Document 2022, for a description of certain important factors, risks and uncertainties that may affect AXA’s business and / or results of operations. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise, except as required by applicable laws and regulations.

AXA’s Chief Financial Officer communicates company’s 2018 results for Women in Finance Charter