Following the recommendation of the Compensation, Governance & Sustainability Committee, AXA’s Board of Directors has decided to appoint Ewout Steenbergen to replace Rachel Duan for the remainder of her mandate, that is until the 2026 Annual Shareholders’ Meeting, the press release says.

On August 1st, 2024, Rachel Duan informed AXA’s Board of Directors of her intention to resign from her directorship at the end of the year.

The new appointment will be effective from January 1st, 2025, and will be proposed for ratification at AXA’s 2025 Annual Shareholders’ Meeting.

Ewout Steenbergen was selected by the Board of Directors in light of his strong insurance, technology and financial expertise, and his international executive profile. He is currently Executive Vice President and Chief Financial Officer of Booking Holdings Inc.

“On behalf of AXA’s Board of Directors, I would like to address our warmest thanks to Rachel Duan for her many valuable contributions to the AXA Board over the past six years. Her international business experience and her deep insights on China and Asia were of great value to the AXA Board and to the Group. I would also like to welcome to our Board Ewout Steenbergen. I am delighted that our Board may benefit from his very good knowledge of insurance and his strong international exposure”, said Antoine Gosset-Grainville, Chairman of the Board of Directors of AXA.