7 November 2007
AXA and Winterthur Wealth Management, part of AXA Life, has announced the appointment of Pete Reed as IT Director. Pete will report to Ian Pinnock, Chief Information Officer for AXA UK, and will work closely with Nick Elphick, MD, AXA Wealth Management.
In his new role, Pete will sit on the group’s Senior Management Team and work across the AXA and Winterthur Wealth Management business to ensure that IT and technology plays a central strategic role at the heart of the group’s business.
Pete will be based at Winterthur’s offices in Basingstoke and will have responsibility for managing the AXA and Winterthur Wealth Management IT teams. This is a key appointment at a time when the two businesses are refining their propositions, and Pete will be ensuring that the best practices from both are preserved.
Although he has taken on a new position, Pete is not new to the company, having been with AXA PPP healthcare for nearly ten years, most recently as IT Director. He comments: “I am delighted to be joining AXA and Winterthur Wealth Management at an exciting time, and I am looking forward to ensuring that technology remains an integral part of the business proposition.”
Mike Kellard, CEO of AXA and Winterthur Wealth Management says: “We understand how important IT and technology are as a platform for building strong service levels and improved functionality for advisers and our clients and we are committed to providing the very highest levels of technical support and expertise. Pete’s experience in managing IT teams and providing best practice solutions is exactly what we need to make sure that IT is at the very heart of our business strategy going forward and we are delighted to welcome him.”
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For further information:
Paul Riddell Winterthur Life, Press Office +44 (0)1256 798099
Becky Holmes Winterthur Life, Press Office +44 (0)1256 798310
Christine Wood FD +44 (0)20 7269 7253
Notes to Editors
AXA is a worldwide insurance group. In the UK the two AXA companies offering the Wealth Management proposition are, Winterthur Life UK Limited (registered no.3116645) and AXA Sun Life Services PLC (registered no.3424940).
Winterthur Life UK Limited and AXA Sun Life Services PLC are authorised and regulated by the Financial Services Authority. Both companies are registered in England and have their registered office at 5 Old Broad Street, London, EC2N 1AD.
About Winterthur Life UK Limited
Winterthur Life UK Limited is part of AXA Group, one of the largest financial institutions in the world.
Winterthur Life UK Limited is a provider of focused investment and retirement solutions and support services predominantly distributed through quality IFAs to their high net worth clients.
The company is recognised as having an innovative approach to financial products and its products feature simple, transparent charging with access to a wide range of carefully selected investment funds and fund managers via its Tailored Selection fund platform. Winterthur is also differentiated in the market through its focus on service excellence.
Winterthur Life UK Limited has a B+ financial strength rating from AKG, which denotes “very good financial strength”. As at June 30 2007, the company reported a rise in assets under management to £11.15 billion, up from 9.48 billion as at Q2 2006.
Winterthur Life UK Limited is authorrised and regulated by the Financial Services Authority.
Any opinions expressed in this media communication are made as at the date of publication but are subject to change without notice. Past performance is not a guide to the future. The values of shares/units and the income from them can go down as well as up. Exchange rate fluctuations may cause the value of underlying investments to fall as well as rise. Yields are not guaranteed and may fall or rise.
www.winterthur-life.co.uk
AXA
AXA UK is a part of the AXA Group. AXA Group is a worldwide leader in Financial Protection. AXA's operations are diverse geographically, with major operations in Western Europe, North America and the Asia/Pacifi area. For full year 2006, IFRS revenues amounted to €79 billion and IFRS underlying earnings amounted to €4,010 million.
The AXA ordinary share is listed and trades under the symbol AXA on the Paris Stock Exchange. The AXA American Depository Share is also listed on the NYSE under the ticker symbol AXA.
Our previous company performance is not at a guide to how we may perform in the future.
