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/

Copyright