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Martin Jennings steps down as head of Axa Elevate

Axa Elevate managing director Martin Jennings is stepping down from his role.

Axa Wealth has created a new intermediary distribution division, which includes the Elevate platform, reporting to managing director David Thompson (pictured).

Jennings, who was only appointed managing director of Axa Elevate in September 2010, is in talks with the provider about other options.

All Axa Elevate’s front and back office activity will transfer from Bristol to Basingstoke to align the platform with the Axa Wealth business.

Axa Elevate Bancassurance front and back office activity will continue to be located in Bristol.

The reshuffle also sees Nick Elphick take charge of all Axa Wealth customer service and operations and Cheryl Toner head up its proposition division.

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