AXA appoints Tara Foley as new CEO

Tara Foley will take up the role of AXA UK & Ireland Chief Executive Officer on 1 September
Tara joined AXA UK & Ireland as Chief Executive Officer of AXA UK Retail Insurance in November 2020
Tara succeeds Claudio Gienal who has been appointed Chief Transformation Officer for AXA European Markets and Health

AXA has today announced the appointment of Tara Foley as Chief Executive Officer (CEO) of AXA UK & Ireland.

Tara will officially take on her new role on 1 September after almost three years as CEO of AXA UK Retail Insurance.

In her new role, Tara will be responsible for implementing AXA UK & Ireland's 2024 to 2026 Strategy, as well as leading the executive team and having oversight of the UK and Ireland business units.

During Tara’s time as CEO of AXA UK Retail Insurance, she has overseen a number of key projects, including the launch of digital disrupter Moja and the delivery of a comprehensive transformation programme which has led to further improvements for customers and employees.

Prior to joining AXA, Tara was at Lloyds Banking Group (LBG) for 12 years, most recently as Managing Director of the Bank of Scotland. At LBG, Tara held a range of positions throughout the group both in banking and insurance with a particular focus on customer experience and innovation. Prior to LBG Tara held roles at Deutsche Bank and Accenture.

Tara succeeds Claudio Gienal who has been appointed Chief Transformation Officer for AXA European Markets and Health. In his new position he will be delivering on a key strand of AXA’s strategic, operational and financial ambition by driving business and technological transformation. He will also oversee and drive the global Business Communities, bringing together experts from across AXA to share best practice and develop approaches and assets. Claudio will be taking on this role on 1 September and will remain with AXA UK & Ireland until this time to support a smooth transition.

We are delighted to welcome Tara as our new CEO of AXA UK & Ireland. Tara is a dynamic and purpose-driven leader who has successfully transformed the AXA Retail business for customers and colleagues alike. With her exceptional leadership skills and understanding of the insurance landscape combined with her diverse customer-centric experience, we are confident that AXA UK & Ireland will continue to thrive and grow under her guidance.

I would also like to take this opportunity to thank Claudio for his excellent leadership of AXA UK & Ireland. Over the past five years he has overseen the company’s largest transformation programme, built a competitive business and delivered significantly improved performance. We wish him all the best for his new role in AXA European Markets and Health.

Mark Pain, Chairman at AXA UK

I am thrilled to have the opportunity to take up the role of AXA UK & Ireland CEO and lead this outstanding team of talented and dedicated people. Together, we will build upon our many successes to deliver on the next stage of our strategy, continue to grow the business and provide the best products and services for our customers and clients.

Tara Foley, CEO at AXA UK & Ireland

Tara Foley’s appointment is subject to regulatory approval.

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Legal notes

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 appoints Tara Foley as new CEO of AXA UK & Ireland