The AXA Group announces the appointment of Jacques Maire as Chief Executive Officer of AXA Hungary. He replaces Tibor Szekeres who will retire on January 1st, 2010.
Jacques Maire will report to Cyrille de Montgolfier, Central & Eastern Europe Region CEO (Czech Republic, Hungary, Poland, Slovakia and Ukraine).
Jacques Maire joined the AXA Group in 2002, as AXA France Director of Labor Affairs. Since 2005, he was Senior Vice-President, European and Public Affairs, and was appointed in 2007 Senior Vice-President, BSD (business support and development) for the Mediterranean and Latin America Region in addition to his other functions. He had previously worked for 13 years in various French public affairs positions, notably as minister’s chief of staff and director. Jacques Maire is a graduate of the Ecole nationale d’administration (French general public management school) and the Institut d’études politiques de Paris, and has a master in Finance.
AXA Hungary
The Hungarian insurance market is a young and expanding market, with a penetration rate of 3.1% in 2008 (9.2% in France) and high growth perspectives. For half year 2009, new business APE and net banking revenues grew respectively by 16% and 20% despite a difficult economic environment.
- 1110 employees and proprietary distributors
- 444 000 clients
Market positions (share)
- Pension funds: 5th (7%)
- Life: 10th (3%)
- Bank: 11th (4%)
History
- December 2006: AXA acquires Winterthur and enters the Hungarian market
- March 2007: acquisition of Ella Bank
