Axa Wealth has appointed Martin Jennings as managing director of its Elevate platform as part of a restructure of its business which sees a number of new appointments.
Jennings will have responsibility for platform proposition strategy, proposition design and business services following Axa Wealth's restructure as a separately-regulated company following the completion of its deal with Resolution to sell part of its life and legacy business.
The new business structure also sees David Thompson appointed managing director for AXA Wealth UK Distributors, which unites all of the group's distribution capabilities.
Simon Philp, managing director for Bancassurance and Ian Colquhoun will continue their current roles and report directly to Thompson. Philp will work to strengthen the collaboration across AXA Wealth's distribution community, and Colquhoun will take responsibility for building AXA Wealth's new Corporate Investment business and corporate joint ventures.
Meanwhile, Cheryl Toner will expand her AXA UK Group chief marketing officer role by assuming overall responsibility for AXA Wealth's new marketing proposition.
Nick Elphick will continue in his role as chief operating officer with responsibility for off-platform and international operations. His role will also expand to include the investments and on-platform operations in addition to the IT function across AXA Wealth's entire portfolio of businesses.
Tom Wilkinson, as director of strategy and business development, will continue to lead the formulation and planning of AXA Wealth's strategy, with a strong focus on platforms. In addition, he will continue to identify new market opportunities via collaboration with third parties.
Completing the senior management team, Hans Georgeson has been appointed managing director for Architas Multi-Manager. Jim Hardie takes overall responsibility for funds governance, bringing all fund activity under one management structure and ensuring alignment of activities and sharing of best practice.
Mike Kellard, chief executive officer at Axa Wealth, says: "AXA Wealth, as a new standalone and separately regulated operating company, aims to be a modern 21st century financial services organisation.
"The right people and the right structure are two of the key foundations to help us achieve that aim. These appointments build on our existing strengths and move AXA Wealth forward into the next generation of wealth management providers."
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