AXA Wealth has overhauled its management team by appointing David Thompson, former managing director for Axa’s platform Elevate, as new managing director of business development and proposition.
As part of the restructuring, Nick Elphick, head of Axa Wealth’s specialist Sipp and onshore bond division, will step down from the firm after a spell of 28 years with the firm.
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Elphick most recently worked as AXA Wealth’s chief operating officer.
Additionally, Dave Cheeseman will manage a commercial operations division looking after IT, operations and finance.
Axa Wealth is also planning to hire a new customer services director, Mike Shrimpton to serve new clients and broaden its relationships with existing customers.
Mike Kellard, CEO at Axa Wealth, said: "We operate in a fast-moving world – customers’ needs change and technology brings new opportunities; we must continue to build a business that makes the ‘customer’ central to everything we do.
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By GlobalData"At last, a government is treating us all like adults, and giving us all real flexibility in how we choose to save for retirement and receive retirement income," Kellard added.
