Rebecca Ades Joins AXA Equitable to Lead Institutional Sales for Its Corporate Markets Business
February 12 2008 - 10:09AM
PR Newswire (US)
NEW YORK, Feb. 12 /PRNewswire-FirstCall/ -- AXA Equitable Life
Insurance Co. announced today that it has hired Rebecca Ades as
Vice President of Institutional Sales for Corporate Markets, the
company's newly created distribution channel, which provides
retirement plan strategies and solutions to Fortune 1000 companies
and their employees. The announcement was made by Bill McDermott,
Executive Vice President of AXA Equitable and Head of Corporate
Markets. Ms. Ades is responsible for growing, developing and
managing the company's corporate client base. Initially, she will
work with large corporations to create an enhanced awareness of the
Corporate Markets offerings -- guaranteed income products for
employees, with education, service and ongoing support to help at
every stage of the retirement planning process. "Rebecca has a keen
understanding of the corporate benefits community and an
outstanding record of success in creating employee benefit
solutions for Fortune 1000 companies," said Mr. McDermott. "The
addition of Rebecca to our team further positions AXA Equitable as
a leading provider of retirement plan strategies and solutions for
the large corporate market." Ms. Ades has nearly a decade of
professional experience in sales and management, and spent the last
seven years with Hewitt Associates in strategy and business
development for benefits outsourcing, including Hewitt's defined
contribution services. Most recently, she led Hewitt's Global
Benefits Business Development efforts. In this role, she was
responsible for the strategy, solution development and sales of
Hewitt's benefits outsourcing services to global companies. Ms.
Ades is a Suma Cum Laude graduate of Tufts University in Medford,
MA. About Corporate Markets AXA Equitable's Corporate Markets
provides retirement plan strategies and solutions to Fortune 1000
companies and their employees, with resources to help at every
stage of the retirement planning process. Corporate Markets offers
education, ongoing support and guaranteed income solutions to
individuals as they accumulate retirement assets in their 401(k)
plans, and transition to the distribution phase at retirement.
About AXA Equitable In business since 1859, AXA Equitable Life
Insurance Company (formerly The Equitable Life Assurance Society of
the United States) 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 $862.2 billion as of June 30, 2007. Its 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 and AllianceBernstein, L.P. are affiliated
companies. AllianceBernstein L.P. is one of the largest publicly
traded global asset management firms in the world. AXA Equitable is
part of the global AXA Group -- a worldwide leader in financial
protection strategies and wealth management. AXA Group's operations
are diverse geographically, with major operations in Western
Europe, North America, and the Asia/Pacific region. AXA Group is
listed as the 15th largest company in the world on the 2007 Fortune
Global 500 list, and had $1.86 trillion in assets under management
as of June 30, 2007. 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. For more information, visit http://www.axa-equitable.com/. 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
standalone non-profit organization and is overseen by an
independent advisory board. DATASOURCE: AXA Equitable Life
Insurance Co. CONTACT: Jo Ann Tizzano, +1-212-314-2979, , or
Discretion Winter, +1-212-314-2968, , both of AXA Equitable Life
Insurance Co. Web site: http://www.axa-equitable.com/
http://www.variableannuityfacts.org/
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