AXA secures new chairman

Announcement made ahead of current chairman's retirement

AXA secures new chairman

Insurance News

By Gabriel Olano

AXA has revealed that Antoine Gosset-Grainville (pictured) will be the new chairman of its board of directors, effective April 2022, upon the retirement of current chairman Denis Duverne.

Gosset-Grainville was unanimously chosen after a two-year succession process by the insurer’s compensation & governance committee, the global insurer said in a statement.

“I am pleased that the board has come to a unanimous decision on my successor, Antoine Gosset-Grainville,” said Duverne. “Antoine’s extensive experience in the world of business and public affairs, as well as his entrepreneurial track record in building a successful law firm in Paris, will bring a great deal to AXA and help drive the next phase of the group’s success. I look forward to working closely with Antoine over the next year to ensure a smooth transition.”

Gosset-Grainville was appointed to AXA’s board in June 2020, and is a member of its finance committee. He has extensive experience in economic and financial governance, having been Deputy General Secretary of the European Monetary Committee and later of the Economic and Financial Committee of the European Union in 1997.

In 2007, Gosset-Grainville was named Deputy Director of the Cabinet of the French Prime Minister, in charge of economic and financial issues and the management of the French State’s investment portfolio. In 2010, he was appointed deputy managing director of the Caisse des Dépôts et Consignation, the investment arm of the French State. He was also its interim chief executive from February to July 2012. He is also co-founder of law firm BDGS Associés.

From 1999 to 2020, Gosset-Grainville was advisor of economic and industry affairs in the office of the European Commissioner in charge of trade.

“I am very honoured by the confidence the board of directors has placed in me and am proud to be part of the history of this great company, which has grown over the past decades to become a flagship of French and international finance,” said Gosset-Grainville. “I would also like to thank Denis Duverne and [CEO] Thomas Buberl for their trust. I look forward to working closely with Denis Duverne, Thomas Buberl and the board over the next year to ensure a successful transition in April 2022.”

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