Mark Pain appointed new Chairman of AXA UK plc

AXA UK plc has announced that Scott Wheway has decided to step down as Chairman of the Board (and associated roles) with effect from 30 June 2022.

Mark Pain, Non-Executive Director, has been approved by the Board to succeed Scott as Chairman of AXA UK from 1 July 2022, subject to regulatory approval.

Scott was appointed as Chairman of the Board of AXA UK plc in December 2017.

Commenting on his forthcoming departure, Scott said, “It has been a real privilege to serve as Chairman of AXA UK over the last few years.  The highly capable management team here have navigated a series of external economic and geo-political challenges with great skill, prioritising the needs of customers and employees at every turn. Consequently, AXA has delivered a strong financial performance while helping many people and businesses to deal with the challenges that they have faced.  I wish Mark every success in the role of Chairman, and I know that AXA will be in good hands as he takes over.”

Mark Pain was appointed to the Board as a Non-Executive Director in December 2018 and is Chairman of the Risk Committee and Senior Independent Director. He is a former retail banker with extensive experience of Strategy, Finance, Risk management and Customer service. He has approaching 25 years’ experience as a FTSE main Board Director, with over 10 years’ experience as a Non-Executive Director, including seven years at Aviva UK, where he also chaired the Audit Committee. Mark is the Senior Independent Director at Close Brothers Group Plc. He is Non-Executive Chair of both London Square Ltd, and Empiric Student Property Plc.

Mark commented, said, “On behalf of the Board, I would like to thank Scott for the huge contribution he has made as Chairman.  His wise counsel and strategic expertise have supported the UK business through a period of significant change, at a time of challenging and volatile trading conditions. I am very proud to have been asked to succeed Scott and I look forward to working with the Board, the AXA UK leadership team, and colleagues from AXA Group, to support our continued success as we continue to put our customers’ interests at the front and centre of all we do.”

Authored by AXA