AXA replaces chairman, Thomas Buberl to remain in top role

France-headquartered global re/insurer  AXA has reappointed  Thomas Buberl (pictured) as its chief executive officer (CEO) for another four-year term, crediting his “perfectly equipped” leadership for the  “successful transformation” of the group in the face of an uncertain environment and challenges.

Buberl has been the CEO of the company since September 2016. He joined  AXA from Boston Consulting Group in 2005 and has held various leadership positions of increasing responsibility within the group.

Antoine Gosset-Grainville is appointed new chairman of  AXA, replacing Denis Duverne who stepped into the key role at the same time as Buberl.

AXA's shareholders approved all the resolutions proposed by the board of directors at its general meeting.

Duverne said: “It is with great emotion that I leave the chairmanship of  AXA today. I had the privilege of succeeding Henri de Castries in this role and of accompanying  Thomas Buberl in his successful transformation of the Group, with the support of the Board of Directors. I would like to express my gratitude to the women and men of  AXA. Their commitment, their cohesion, and their ability to surpass themselves have always been a source of motivation and pride for me.

“I am very confident in  AXA's future: the Group is solid and strong with a strategic vision and a purpose adapted to the challenges of our time; it will continue to be able to rely on very high-quality governance and benefit from the talents of Antoine Gosset-Grainville and Thomas Buberl.”

Gosset-Grainville commented: “I am very honoured by the confidence the Board of Directors has placed in me by appointing me as Chairman of  AXA. I would like to thank Denis Duverne and Thomas Buberl for their support and collaboration over the past year. Thanks to this well-prepared transition, the Board of Directors, in support of Thomas Buberl and his teams, remains perfectly equipped to face an uncertain environment and to prepare the Group for its long-term challenges.”

Buberl said: “I would like to express my gratitude to Denis Duverne for his trust and advice over the years. The Group will long be marked by all that he has contributed throughout his exceptional career. Since 2016, his support has been decisive in driving the Group's transformation. I am very pleased that Antoine Gosset-Grainville will become Chairman of  AXA and I look forward to drawing on his experience and vision. I would also like to thank the shareholders and the members of our Board of Directors for their renewed confidence.

“I am extremely enthusiastic about starting this new mandate and very optimistic about the future of the Group, which has once again demonstrated its strength during the sanitary crisis. All  AXA teams are mobilized with me to successfully implement the Driving Progress 2023 strategic plan.”

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