Axa Sun Life chief executive Les Owen is quitting the company to move to Australia.
The move will see Owen promoted within Axa, to become group managing director and chief executive of National Mutual Holdings in Australia.
Axa has a controlling 51 per cent stake in National Mutual.
Owen will be responsible for Axa's operations in Australasia as well as the Asia-Pacific region including Hong Kong China and Japan.
As part of the move Owen will be promoted to Axa's executive committee which overseas its global operations.
Owen says: "This is an exciting challenge. The markets of the Asia-Pacific region have tremendous growth potential and I am looking forward to my new responsibilities and to working in an international environment."