UK - French financial services giant AXA UK has appointed Dennis Holt to the position of group chief executive, replacing Mark Wood.
Holt joins the firm from Lloyds TSB where he is a member of the main board and group executive director for UK retail banking.
At Lloyds he served as a group executive director since 2000 and had responsibility for the firm’s distribution activities, including groupwide e-commerce initiatives, UK retail banking product and customer strategies, and groupwide branding and marketing functions.
Before this, he worked for three years as managing director of Lloyds TSB’s general insurance businesses, where he integrated the general insurance units of Lloyds and TSB and restructured the group’s IFA life and investments business.
Commenting on his appointment, Holt said: I look forward to working closely with the international management of the AXA Group to contribute to the continuing success of AXA on a global basis.
He assumes his new role on 1 September.
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