AXA UK has appointed Ian Brimecome as chairman, replacing Anthony Hamilton, who is retiring from the board.
Brimecome has been a non-executive director of AXA since March 2007 for six years. He is also chairman of Equitable Life.
Hamilton has worked with the AXA group for twenty years in various non-executive positions including chairman of AXA Equity and Law and was also member of the management board of AXA and chairman of its audit committee.
Hamilton said during his time at AXA the life company had repositioned itself to be in an enviable position. ‘It has been a pleasure and a privilege to serve as chairman of the AXA UK board,' he said.
'Over the past 10 years AXA UK has extensively repositioned its business to meet the many profound changes in the UK insurance industry.
‘Despite economic weakness, profitability is growing strongly and the outlook is very exciting. I have been proud to work alongside such a dedicated and talented team and I wish them all the very best for the future.’