Axa UK group chief executive Paul Evans will replace Prudential’s Tidjane Thiam as chairman of the Association of British Insurers.
Evans will take on the role when Thiam’s two-year term comes to an end this week and will be formally confirmed at the ABI conference in October.
He has been Axa’s group chief executive since October 2010, before which he was chief executive of Axa Life.
Between 2003 and 2010 Evans sat on the ABI’s long-term savings and life insurance committee. In 2010 he became chairman of the insurance industry trade body’s general insurance committee and a deputy chairman of its board.
Evans says: “I look forward to helping members to shape a future in which we are credited for operating responsibly, transparently and with a focus on delivering great value to our customers.”
ABI director general Otto Thoresen says: “Paul Evans is a widely respected business leader. His experience and deep understanding of both the general and long term sectors of the industry, allied with his enthusiasm and commitment will be a huge asset in driving the ABI’s challenging agenda in the run-up to the general election and beyond.”