AXA Equitable Promotes Manish Agarwal to Senior Vice President of Retail Distribution
August 14 2008 - 7:47AM
PR Newswire (US)
NEW YORK, Aug. 14 /PRNewswire-FirstCall/ -- AXA Equitable Life
Insurance Co. announced today that Manish Agarwal has been promoted
to Senior Vice President of Retail Distribution. The announcement
was made by Andrew McMahon, Executive Vice President of Retail
Distribution for AXA Equitable and Chairman of AXA Advisors, LLC,
the company's broker/dealer. In this key role, Mr. Agarwal is
responsible for operations, sales support and strategy for the
company's Retail Distribution channel. This includes learning and
training for the field force, driving profitable growth, recruiting
initiatives, risk management, enterprise operations and developing
and implementing new strategic priorities. In making today's
announcement, Mr. McMahon said, "Manish has an in-depth
understanding of multiple business channels across AXA Equitable
and has an outstanding track record of delivering high-performance
results. We're looking to him to build upon and enhance our slate
of strategic initiatives and growth goals for Retail Distribution."
Mr. Agarwal joined the Retail Distribution channel in January 2006
as a Vice President where he was instrumental in the successful
conversion of the company's broker/dealer operations to Linsco
Private Ledger (LPL), a strategic move by AXA Equitable to provide
its financial professionals with enhanced technology and a wider
choice of programs and capabilities for better client service. Mr.
Agarwal also had overall responsibility for Retail software and
hardware, and driving AXA Advisors' sales growth within key
opportunity markets, areas he will continue to oversee. Mr. Agarwal
joined AXA Equitable in 2005 as a Vice President in the company's
Strategic Initiatives Group, where he worked on a variety of
projects touching nearly every area of the organization and driving
key performance metrics. Prior to joining AXA Equitable, Mr.
Agarwal was an Engagement Manager with McKinsey & Co. and led
client teams in projects across marketing, strategy, corporate
finance and operations, primarily within insurance companies. Mr.
Agarwal earned a bachelor of technology in mechanical engineering
from the Indian Institute of Technology in Kanpur, India. He earned
a master of science and a doctor of philosophy in mechanical
engineering from Carnegie Mellon University. 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 $888.6 billion as of December 31, 2007. 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, 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 Western 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 $1.87 trillion in assets under
management as of December 31, 2007. 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. 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.
DATASOURCE: AXA Equitable Life Insurance Co. CONTACT: Matthew Klein
of AXA Equitable Life Insurance Co., +1-212-314-2919, Web site:
http://www.axa-equitable.com/ http://myretirementshop.com/
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