AXA Equitable Life Insurance, a provider of life insurance and retirement savings products, has appointed four new executives to support customer-centric product design, delivery and service.
Andrew McMahon was appointed as president of financial protection and wealth management, James Shepherdson, as president of its retirement savings, and Richard Silver as chief administrative officer and chief legal officer. The three executives, along with Richard Dziadzio, chief financial officer, were also elected as senior executive vice presidents of AXA Equitable.
Mr McMahon will be responsible for life insurance manufacturing, marketing, distribution, and in-force management. Mr Shepherdson will oversee annuity product manufacturing, third-party distribution, marketing, and in-force management. In addition, he will lead product manufacturing for the employer-sponsored markets and will continue to lead AXA Distributors and AXA Global Distributors.
Mr Silver will oversee information technology; central marketing, innovation and communications; external affairs; and the strategic initiatives group while Mr Dziadzio will continue as CFO with responsibility for the finance and related areas.
Christopher Condron, chairman and chief executive officer of AXA Equitable, said: These roles have been created to help support our vision to be the industry leader in providing financial advice and solutions to clients.
Our strategic plan focuses on three key areas: expanding and diversifying our product portfolio to serve the needs of existing and new markets, building distribution to effectively deliver a broader range of products to a wider array of clients, and optimizing the management of our substantial and valuable in-force business.