AXA announces that it has published the resolutions proposed by the Board of Directors to its next Shareholders’ Meeting to be held on April 25, 2012 at 2:30 pm at the Palais des Congrès in Paris (75017), in the Bulletin des annonces légales obligatoires.
Besides the approval of a stable dividend of €0.69, the Shareholders will be asked to approve the following resolutions:
– re-appointment of Mr. François Martineau as member of the Board of Directors
– appointment of Mr. Stefan Lippe as member of the Board of Directors, replacing Mr. Jacques de Chateauvieux who decided to terminate his term of office in order to focus on his activities, within his JACCAR Holdings Group. Mr. Stefan Lippe (56 years old) spent nearly thirty years within the Swiss Re Group where he was a member of the Executive Committee as of 2001 and Chief Executive Officer from 2009 to the beginning of 2012
– appointment of a new member of the Board of Directors representing the employee shareholders of the AXA Group, replacing Ms. Wendy Cooper whose term of office will expire at the close of the next Shareholders’ Meeting. Eight candidates designated by the AXA’s employee shareholders shall be submitted to the Shareholders’ vote. The Board of Directors has decided to recommend that the Shareholders vote in favor of the appointment of Mrs.
Doina Palici-Chehab to serve as member of the Board of Directors. Mrs. Doina Palici-Chehab (54 years old) has nearly thirty years of experience in the insurance business and in particular twenty two years within the AXA Group in Germany, France and India. Chief Executive Officer of AXA Business Services in India (2,500 employees), she was Head of Group Reinsurance from 2000 to 2010 within AXA Global P&C (formerly “AXA Cessions”).
“On behalf of the AXA Board of Directors, I would like to warmly thank Jacques for his contribution to the works of the Supervisory Board and then the Board of Directors over the last 7 years. His entrepreneurial skills, his great experience of the emerging markets and his involvement in the evolution of our governance has been decisive to develop AXA over the last years. I wish him all the best in his future endeavors within JACCAR Holdings”, said Henri de Castries, Chairman and CEO of AXA.
