Reinsurance News

Tara Foley named CEO of AXA UK Retail Insurance

15th October 2020 - Author: Matt Sheehan

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

Effective November 2nd, Foley’s appointment will also see her become a member of the UK & Ireland Management Committee.

Foley joins AXA from Lloyds Banking Group (LBG), where she has been for the past 12 years, most recently as Managing Director of the Bank of Scotland.

At LBG, she held a range of positions throughout the group both in banking and insurance with a particular focus on customer experience and innovation.

Prior to this, Foley held roles at Deutsche Bank and Accenture.

In her new position, she will report to AXA’s UK & Ireland CEO, Claudio Gienal, who commented: “Tara’s depth of experience in transformational growth and operational efficiency, as well as her deep understanding of retail customer needs, will be incredibly valuable to AXA.”

“We look forward to working with Tara in continuing to develop and execute our ambitious retail strategy,” Gienal added.

Foley also commented: “I am thrilled to be taking on this new role as Chief Executive Officer of AXA Retail Insurance. These are interesting and challenging times, not just for our business but for all our customers.”

“I look forward to working with the team to drive strategic business growth and constantly improving the customer experience.”

Foley will replace Laurent Matras, who will be moving to AXA Asia to take on the role of Chief Financial Officer of AXA Tianping in China from 1 January 2021.

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