The successor to outgoing AXA UK & Ireland chief risk officer Evan Waks has been named.
Joining the AXA unit after the summer is David Baker (pictured), who is making the switch from Direct Line Group (DLG) where he had been the director of group compliance: regulatory and conduct risk since May 2012.
“I am very excited to be joining AXA at this time,” stated the incoming CRO, whose credentials include time spent at Prudential Plc, the Financial Ombudsman Service, and Phoenix Group in regulatory-focussed positions.
“It is a great opportunity for me personally, and I look forward to working with my colleagues across the company to help the business deliver against its ambitious plans for the rest of this year and for the future.”
AXA UK & Ireland, in its announcement, cited Baker’s role in shaping DLG’s journey from an insurance division of the RBS Group to a standalone listed FTSE 100 insurance enterprise. In his new capacity, the chief risk officer will be paying close attention to the continued importance of the company’s relationship with the regulator.
Commenting on the appointment, AXA UK & Ireland chief executive Claudio Gienal said: “I am delighted that David is coming on board, bringing with him an impressive track record through his years of experience in the industry. Having held senior risk and compliance roles across the life and general insurance sectors, he will be a great asset to the management committee and to AXA UK.
“I would also like to take this opportunity to thank Evan for his work and commitment to AXA over the past 17 years, and I wish him the very best for the next stage of his career.”