AXA Axa Common Stock

Leads Life and Annuity Product Development NEW YORK, Sept. 24 /PRNewswire/ -- Claude A Methot has been elected Executive Vice President of Life and Annuity Product Development at AXA Equitable Life Insurance Company. Mr. Methot, a member of the company's Executive Management Committee, is responsible for the strategic development, management and implementation of business plans for AXA Equitable life insurance and annuity products. The announcement was made today by Christopher M. "Kip" Condron, Chairman and Chief Executive Officer of AXA Equitable, to whom Mr. Methot reports. In this key role, Mr. Methot is charged with identifying client product and service needs, leading competitive analysis, developing new products and enhancing the features of existing ones, and coordinating all product operations support. In addition, he plays a key role in the company's customer retention initiatives. Teaming with the company's actuarial and finance areas, he is responsible for assuring appropriate product pricing, asset/liability match, risk analysis and underwriting approach. He also partners with leaders of the company's marketing and distribution areas to provide our distributors with the best products to meet client needs. Mr. Methot joined AXA Equitable in September 2007 as Senior Vice President and Chief Product Officer. He came to AXA Equitable from its parent organization, the global AXA Group, where he most recently served as a senior vice president in charge of Offer and Innovation for Life and Property & Casualty in Group Marketing. "Claude drives AXA Equitable's product development with extraordinary energy, customer insight, actuarial skill, and the highest standards of performance," said Mr. Condron. "Since joining us last year, he has played a pivotal role on the Executive Management Committee, bringing fresh insight from his experience introducing innovative product solutions to AXA Group markets overseas. Under his leadership, AXA Equitable is redefining how insurance risk management products can meet the evolving financial protection needs of Americans." Mr. Methot joined AXA Group in 1999 as a corporate actuary. In 2002, he was named Group Chief Actuary and Director of Product Development for Life Products. Prior to joining AXA Group, Mr. Methot occupied a variety of managerial positions in Proxima's Group Life Insurance and Savings, including Actuarial Services, Major Accounts, Portfolio Management and Savings Business Team. Mr. Methot began his financial services career as a benefits consultant for William M. Mercer Limited in Canada. Mr. Methot received an Actuarial Diploma from Laval University in Quebec. He is a qualified member of L'Institut des Actuaires (France) and an associate of the Society of Actuaries. About AXA Equitable 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, annuity, and investment products and services. AXA Equitable's assets under management totaled $802.9 billion as of June 30, 2008. The company's products and services are distributed to individuals and business owners through its retail distribution channel, AXA Advisors, LLC; to the financial services market through its wholesale distribution channel, AXA Distributors, LLC; and to corporations and their employees through its corporate distribution channel, Corporate Markets. AXA Equitable is the creator of MyRetirementShop.com (http://www.myretirementshop.com/), a lifestyle website that's a one-stop-shop for information and resources to help consumers redefine life in retirement. It's the company's latest innovation in our At Retirement(R) platform, committed to helping individuals near and at retirement make informed choices to enhance and preserve their lifestyle. AXA Equitable, a subsidiary of AXA Financial Inc., is part of the global AXA Group, a worldwide leader in financial protection strategies and wealth management. AXA Group's operations are geographically diverse, with major operations in Europe, North America, and the Asia/Pacific region. AXA Group is listed as the 15th largest company in the world on the 2008 Fortune Global 500 list (based on revenues). It had $1.81 trillion in assets under management as of June 30, 2008. Listed on the Paris Stock Exchange, the AXA ordinary share trades under the symbol AXA. The AXA American Depositary Share is listed on the New York Stock Exchange under the ticker symbol AXA (NYSE:AXA). For more information, visit ww.axa-equitable.com DATASOURCE: AXA Equitable CONTACT: Discretion Winter of AXA Equitable, +1-212-314-2968, Web site: http://www.axa-equitable.com/ http://www.myretirementshop.com/

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