Norbert DENTRESSANGLE resigned as Vice-Chairman of AXA's BoD

20 December 2016 — Vlad BOLDIJAR
During the meeting of AXA's Board of Directors, held on Wednesday, December 14, 2016, Norbert DENTRESSANGLE announced his decision to step down from the Board and his position as Vice-Chairman- Senior Independent Director with immediate effect to devote himself fully to the management of his family-owned investment holding company.

The Board of Directors decided to coopt Andre FRANCOIS-PONCET to the Board with immediate effect for the remainder of Norbert DENTRESSANGLE's mandate, i.e. until the Shareholders' Meeting in 2018. Ratification of his appointment will be proposed at the next Shareholders' Meeting.

"Andre FRANCOIS-PONCET was chosen by the Board of Directors principally for his extensive experience and in-depth knowledge of the finance industry", the French insurer informed in a press release.

At the same time, BoD decided to appoint Jean-Martin FOLZ, a Board member since 2007, as Senior Independent Director to replace Norbert DENTRESSANGLE, "confirming the importance it gives to the role of Senior Independent Director, even though the roles of Chairman of the Board and Chief Executive Officer have been separated".

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