AXIS Capital Holdings has announced the addition of Barbara A. Yastine to its Board of Directors, effective July 1. She is also set to join the Board’s Audit Committee, effective September 1.
Yastine brings over 30 years’ experience to the Board and was previously the Chief Executive Officer (CEO) at Ally Bank. She has also served as Chief Financial Officer (CFO) at Credit Suisse First Boston and in Citigroup’s Global Corporate and Investment Bank.
Michael A. Butt, Chairman of AXIS Capital’s Board of Directors, commented, “Barbara is an exceptional addition to our Board.”
“She is a leader who brings deep knowledge and perspective of financial services and risk management, and is well-attuned to the trends that are reshaping the marketplace,”
“AXIS will benefit significantly from Barbara’s counsel, including her understanding of how to drive profitable growth through innovation.”
Yastine currently serves on the Board of Directors of First Data Corporation, Primerica Inc. and Zions Bancorporation.
Yastine added, “AXIS is a remarkable company that in a short period of time has grown from a start-up to a relevant player in the global specialty (e/insurance industry, and the organization is well-positioned to further grow its leadership in the sector.”
“With big data, new technologies and innovation reshaping the re/insurance industry, there is a unique opportunity for AXIS to leverage this change to its advantage. I look forward to working with the Board of Directors and AXIS leadership to help the Company tap into its significant potential.”