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Axa Wealth development role

Axa Wealth has appointed David Stratton to the newly created role of head of business development.

Stratton was regional sales manager for the Midlands. The new role looks to build distribution relationship partners.

The appointment comes as part of a restructure announced in January, which saw Axa segment its IFA clients, putting 50 jobs at risk, with the number of regional managers cut from nine to five.

Marketing and distribution managing director David Thompson says: “Axa Wealth has experienced unprecedented growth but it has resulted in us being unable at times to devote the specialist support we feel we need to give to different adviser segments.”

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