NEW YORK, Nov. 7 /PRNewswire-FirstCall/ -- Kevin Molloy has been elected Senior Vice President of Distribution Finance for AXA Equitable Life Insurance Company, the primary U.S. life insurance and savings subsidiary of the global AXA Group. The announcement was made today by Richard Dziadzio, the Chief Financial Officer of AXA Financial, Inc., the parent company of AXA Equitable. In his new role, Mr. Molloy serves as the senior business partner between the Executive Vice Presidents in charge of AXA Equitable's retail and wholesale distribution organizations and service delivery operation and the Office of the Chief Financial Officer. He leads a team of finance professionals who work with retail, wholesale, and service delivery business unit leaders to identify and provide the critical financial information, metrics, and advice necessary to meet corporate financial goals. Mr. Molloy is responsible for ensuring seamless communication of vision, policy, and results across business units. "With his fiscal acumen, sound counsel, and in-depth understanding of our business, Kevin is highly regarded within AXA Equitable and the industry at large," said Mr. Dziadzio. "As we execute on our strategic business goals, I am confident he will ensure the highest financial standards are upheld." Mr. Molloy became Vice President of Distribution Finance in April 2007. From November 2003 to April 2007, he served as Vice President and head of North American Investor Relations office. In this role, Mr. Molloy managed communications with institutional investors regarding AXA's financial results, business trends, and outlook. Mr. Molloy joined AXA Equitable in 1999 as Director of Corporate Finance responsible for performing financial and strategic analyses related to corporate finance, mergers and acquisitions, and capital markets activities. Reporting directly to Kevin R. Byrne, Treasurer and Chief Investment Officer, Mr. Molloy implemented risk management programs to mitigate guaranteed insurance product exposure, including interest rate and equity market risk. Prior to joining AXA Equitable, Mr. Molloy was an equity research analyst, focused on the financial services industry. He began his career in 1993 as an economist and corporate profits analyst with The United States Department of Commerce's Bureau of Economic Analysis. Mr. Molloy received both a Bachelor of Science degree in resource economics and a Master of Science degree in agricultural and resource economics from The University of Connecticut. A resident of New York City, Mr. Molloy is a USA Cycling Category II competitive cyclist. About AXA Equitable AXA Equitable Life Insurance Company, which has been in business since 1859, is a leading nationwide issuer of life insurance and annuity products. The company had more than 11,000 employees and sales personnel and approximately 4.8 million policy/contract holders nationwide as of Dec. 31, 2006. AXA Equitable is solely responsible for its life insurance and annuity obligations. AXA Equitable Life Insurance Company, New York, NY, is one of the premier U.S. organizations providing life insurance and annuity products and services for the financial services market. Variable products are co-distributed by affiliates AXA Advisors, LLC and AXA Distributors, LLC. AXA Equitable's parent company, AXA Financial, Inc., is a member of the global AXA Group. AXA Group's operations are geographically diverse, with major operations in Western Europe, North America, and the Asia/Pacific region. The AXA ordinary share is listed on the Paris Stock Exchange and trades under the symbol AXA. The AXA American Depositary Share is also listed on the NYSE under the ticker symbol AXA. AXA Equitable is a sponsor of the Variable Annuities Knowledge Center (http://www.variableannuityfacts.org/), an online resource aimed at helping consumers understand the facts surrounding variable annuities. The Variable Annuities Knowledge Center is operated by a stand-alone non-profit organization and it is overseen by an independent advisory board. DATASOURCE: AXA Equitable Life Insurance Company CONTACT: Discretion Winter, +1-212-314-2968, , or Lisa Tibbitts, +1-212-314-2811, , both of AXA Equitable Web site: http://www.axa-equitable.com/ http://www.variableannuityfacts.org/

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