George Stansfield, AXA Group General Counsel, is Appointed Head of Group Human Resources in Addition to His Current Responsibilities and Joins AXA’s Executive Committee

PARIS, Oct. 13 /PRNewswire-FirstCall/ -- After two years leading our global leadership initiatives and more recently as Head of Group Human Resources, Shu Khoo has decided to return to Asia.  

Henri deCastries, Chairman and CEO of AXA, said, "I would like to thank Shu for all of her many contributions during her time here in Paris. She has made an immense contribution to the Group's ambitious HR agenda and her insights have been of enormous value to the entire executive management team and will continue to benefit AXA employees across the world. Shu is a person of many talents and we will certainly miss her in Paris. I wish her the very best in all of her future endeavours."

Effective November 1, 2010, George Stansfield will become Head of Group Human Resources in addition to his continuing responsibilities as Group General Counsel and will become a member of the Group Executive Committee.

Commenting on this appointment, Henri deCastries said, "George has significantly contributed to the development of AXA in his role as General Counsel and has successfully lead the development of the legal and compliance teams throughout the Group over the past seven years. He brings with him his deep knowledge of AXA, strong skills in people management, and the highest ethical and professional values. I am confident that he will embrace his new challenge with the same engagement and passion he has demonstrated over the past years."

From November 1, 2010, AXA's Executive Committee will be comprised of 19 members. Composition of the Committee is available at:

http://www.axa.com/en/governance/structure/management/

Biography

George Stansfield (50) has been AXA Group General Counsel since 2004 with responsibility for the Group's global legal and compliance matters. Prior to joining AXA's Group Legal Department in Paris in 1996, George practiced law for 11 years in New York City where he was a corporate attorney in the Legal Department of AXA Equitable specialized in merger & acquisition transactions involving financial institutions, securities law and general corporate matters.

George Stansfield graduated from Georgetown Law School with his law degree in 1985 and from Trinity College with a degree in History in 1982.   He was admitted to the New York Bar in 1986 and has been licensed as an attorney in New York since that time. In 1993, he spent a year on a management exchange program at Meiji Life in Tokyo.

About AXA

AXA Group is a worldwide leader in insurance and asset management, with 216,000 employees serving 96 million clients in 57 counties. For 1H10, IFRS revenues amounted to Euro 49.9 billion and IFRS underlying earnings to Euro 2.1 billion.</p>

AXA had Euro 1,089 billion in assets under management as of June 30, 2010.

The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISN FR 0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA's American Depository Shares are also quoted on the OTC QX platform under the ticker symbol AXAHY.

The Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD.

This press release is available on the AXA Group website www.axa.com

IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS

Certain statements contained herein are forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties. Please refer to the section "Cautionary statements" in page 2 of AXA's Document de Reference for the year ended December 31, 2009, for a description of certain important factors, risks and uncertainties that may affect AXA's business. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise.

SOURCE AXA