AXA Appoints Fred Makonnen to Divisional Vice President
October 10 2016 - 10:54AM
Business Wire
AXA, a leading financial protection company, announced today
that Fred Makonnen has been appointed as Divisional Vice President,
charged with broadening AXA’s national focus in the Tax Exempt
Retirement Plan Market. He will lead a dedicated national sales
team responsible for new business development and sales
opportunities, working primarily through AXA’s retail distribution
channel, AXA Advisors, LLC. Makonnen joined AXA’s Retirement Plan
Services team in 2013 as Regional Vice President and was
responsible for market growth in the central region, comprising
Texas, Arkansas, Louisiana, Mississippi, Ohio, Kentucky and
Indiana.
“We’re looking forward to Fred expanding on his central region
success across our nationwide footprint,” said Matt Drummond, head
of tax-exempt sales and business development, to whom Makonnen
reports. “His success so far has translated to more Americans
feeling that they’ve prepared adequately so that they might enjoy a
dignified retirement.”
Prior to joining AXA, Makonnen spent 12 years in various senior
sales management positions within ING/Voya, including Vice
President of institutional sales, where he was responsible for
large group acquisitions in the health, education, and government
space. Also while at ING/Voya, Makonnen headed African American
Multicultural Sales & Marketing, where he was responsible for
developing education and communication materials for various
underserved markets.
Makonnen holds a bachelor’s degree in business administration
from the University of Connecticut. He also holds the Series 7, 66
and 24 securities industry registrations administered by the
Financial Industry Regulatory Authority (FINRA).
About AXA
“AXA” is a brand name of AXA Equitable Financial Services,
LLC and its family of companies, including AXA Equitable Life
Insurance Company (NY, NY), MONY Life Insurance Company of America
(AZ stock company, administrative office: Jersey City, NJ), AXA
Advisors, LLC, and AXA Distributors, LLC. In business since 1859,
AXA Equitable Life Insurance Company is a leading financial
protection company and one of the nation’s premier providers
of life insurance and annuity products distributed to
individuals and business owners through its retail distribution
channel, AXA Advisors, LLC (member FINRA, SIPC) and to the
financial services market through its wholesale distribution
channel, AXA Distributors, LLC (member FINRA, SIPC).
AXA S.A. (also referred to as “AXA Group”) is a
Paris-headquartered holding company for a group of international
insurance and financial services companies, including AXA Equitable
Financial Services, LLC companies. AXA S.A. is a worldwide leader
in financial protection strategies and wealth management with 103
million clients in 64 countries as of Dec. 31, 2015. AXA S.A. has
been ranked the No. 1 insurance brand in the world by Interbrand
for eight consecutive years as of Oct. 5, 2016.
The obligations of AXA Equitable Life Insurance Company and MONY
Life Insurance Company of America are backed solely by their
claims-paying ability. Find AXA
on Facebook, Twitter and LinkedIn. For more
information, visit www.axa.com.
GE-119625 (10/16)(Exp. 10/18)
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version on businesswire.com: http://www.businesswire.com/news/home/20161010005786/en/
AXAJohn Cline, 212-314-5142john.cline@axa.us.com
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