AXA chief steps down after 17 years at the helm

Keith Gibbs, who has been chief executive at the company since December 2001, is being replaced by Tracy Garrad, former CEO of HSBC Channel Islands and Isle of Man, and before that First Direct.

60-year-old Mr Gibbs, who has now retired, was at Citibank Life initially as Product Development Actuary and later Marketing Director. before joining AXA. He was  also Sales and Marketing Director at Lloyds TSB Insurance and has also worked at Sun Life of Canada and Sentinel Life. He has also run his own management consultancy. 

Since arriving, Gibbs, a qualified actuary and mathematics graduate from the University of Kent, has successfully grown AXA PPP, establishing it as a market leader in the healthcare space, whilst also sitting on the Boards of AXA UK, AXA Insurance UK, AXA Global Health and AXA Venture Partners.

Chief Executive for AXA UK & Ireland, Claudio Gienal, said of Mr Gibbs retirement:  “I would like to thank Keith for his excellent contribution over the years.

“He has grown a strong business with an impressive financial performance and customer service focus whilst also developing innovative products to better meet our customers’ needs, putting in place some core foundations for the future. I wish him all the best for the future.

“I am delighted that Tracy is joining AXA UK and Ireland as our new AXA PPP healthcare CEO. She brings a wealth of experience in large, complex, customer and people centric businesses and this, along with her excellent leadership skills, will further strengthen our management team.

“I very much look forward to working with her in the next phase for our healthcare business particularly as health continues to be a key strategic focus for the Group.”

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