AXA Insurance appoints finance director

Waseem Malik has been appointed finance director at AXA Insurance.

He will be responsible for finance and strategy across AXA Insurance and becomes a member of the AXA Insurance executive committee.

AXA said the role will provide a strong governance and control structure to supports the company’s business priorities of customer centricity, profitability and innovation.

Malik joined AXA in 2006 and headed up the UK M&A team for two years.

He led the acquisitions of Swiftcover and the brokers that form Bluefin Insurance Group, working closely with AXA Insurance chief executive, Philippe Maso.

For the past two year’s he has headed up the executive office in AXA Insurance and been a member of the AXA Insurance executive committee.

Prior to joining AXA, Malik worked for Price Waterhouse Coopers for 9 years.

Malik said: “At AXA Insurance, we have a finance function that is very much at the heart of the organisation, adding significant value to the business-facing teams, both in an advisory and practical capacity.

"I am very keen that we are even more closely involved in shaping business decisions and finding the right solutions to ensure we manage risk, whilst improving our profitability and safeguarding our customers’ experience. I’m looking forward to the challenge."