AXA Equitable Holdings, Inc. Appoints Joan Lamm-Tennant as an Independent Member of its Board of Directors, Effective January 1, 2020
December 02, 2019 at 04:15 pm EST
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AXA Equitable Holdings, Inc. announced the appointment of Joan Lamm-Tennant as an independent member of its Board of Directors, effective January 1, 2020. This appointment follows the close of AXA S.A.’s (“AXA”) secondary offering of shares of AXA Equitable Holdings common stock on November 13, 2019. Ms. Lamm-Tennant brings significant industry and academic experience having held global business leadership roles and a distinguished career as a professor of finance and economics. In particular, she brings an extensive background in senior risk roles, including designing and implementing enterprise-wide risk management and capital advisory strategies. Ms. Lamm-Tennant is currently the Founder and Chief Executive Officer of Blue Marble Microinsurance, a purpose-driven insurtech firm focused on providing innovative insurance products to global, underserved markets. Ms. Lamm-Tennant previously worked at Marsh & McLennan and its subsidiary, Guy Carpenter, serving as Head of Enterprise Risk Management and Global Chief Economist and Risk Strategist. Prior to this, she held numerous leadership roles at General Reinsurance Corporation including President of General Re Capital Consultants. In accordance with the Shareholder Agreement between AXA Equitable Holdings and AXA, Gérald Harlin, AXA Deputy Chief Executive Officer and Chief Financial Officer, has resigned from the AXA Equitable Holdings Board.
Equitable Holdings, Inc. is the holding company for a diversified financial services organization. The Companyâs segments include Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management and Legacy. The Individual Retirement segment offers a diverse suite of variable annuity products which are primarily sold to affluent and high-net-worth individuals. The Group Retirement segment offers tax-deferred investment and retirement services or products. The Investment Management & Research segment provides diversified investment management, research, and related solutions globally. The Protection Solutions segment includes its life insurance and group employee benefits businesses. The Wealth Management segment offers discretionary and non-discretionary investment advisory accounts, financial planning and advice, life insurance, and annuity products. Legacy segment primarily consists of its capital-intensive fixed-rate GMxB business.