AXA Equitable Life Names Aaron Sarfatti Chief Risk Officer
AXA Equitable Life, a unit of
AXA Equitable Holdings, Inc. (NYSE:
EQH), a leading financial services company, today announced the promotion of Aaron Sarfatti to Chief Risk Officer, effective
October 1, 2018. He succeeds Jurgen Schwering, who after four years as Chief Risk Officer of AXA Equitable Life, has announced his
intention to pursue new opportunities in his native country of Germany.
Sarfatti will assume responsibility for the company’s enterprise risk management function reporting to AXA Equitable Holdings
President and Chief Executive Officer Mark Pearson. He previously served as Managing Director and Head of Strategy for the
company’s Life, Retirement and Wealth Management businesses.
“Aaron’s deep industry experience and proven commitment to risk discipline make him the ideal choice for this position,” said
Mark Pearson. “Since joining AXA Equitable Life, Aaron has made a number of strong contributions across our businesses, and I am
confident in his ability to lead this important function. We remain committed to a disciplined risk management strategy and
understand its vital importance in driving our ability to grow our business, optimize capital and return value for
shareholders.”
Sarfatti has more than 15 years of experience working in financial services, life insurance, asset management and retail
banking. Prior to joining AXA Equitable Life, he served as a partner with global management consulting firm, Oliver Wyman, in its
North American Insurance Practice. This included a four-year role as head of the firm’s New York office.
Sarfatti received a Bachelor of Science in Engineering degree in Computer Science from Princeton University, where he also
received Certificates of proficiency in Finance and Public and International Affairs. He is a credentialed actuary.
About AXA Equitable Life
AXA Equitable Life is a wholly-owned indirect subsidiary of
AXA Equitable Holdings, Inc. (NYSE:
EQH). Since 1859, the AXA Equitable Life Insurance Company (NY, NY) has been one of America’s leading financial services
providers with 2.8 million customers nationwide and more than $207 billion of assets under management (as of 6/30/18). Our mission
is to help people retire with dignity, protect their families and prepare for their financial futures with confidence. Find AXA
Equitable Life on
Facebook,
Twitter and
LinkedIn. For more information, visit
www.axa.com.
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Media Relations:
AXA Equitable Holdings, Inc.
Gina Tyler, 212-314-2010
mediarelations@axa-equitable.com
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