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Tracy Garrad Named AXA PPP Healthcare Chief Executive Officer

Tracy Garrad has been appointed Chief Executive Officer of AXA PPP healthcare, replacing Keith Gibbs who is retiring.

Garrad, who joins from HSBC, will officially take up the post on 7 January 2019. She was most recently CEO, HSBC Channel Islands and Isle of Man and prior to that was Chief Executive Officer for First Direct, the number one bank in the UK. Garrad will succeed Keith Gibbs who is retiring at the end of the year and will join the Management Committee of AXA UK & Ireland. Her appointment is subject to regulatory approval.

Gibbs joined AXA UK and Ireland in 2001 as the CEO for AXA PPP healthcare. Since arriving, Gibbs has successfully grown the business, establishing it as a market leader in the healthcare space, whilst also sitting on the Boards of AXA UK, AXA Insurance UK, AXA Global Health and AXA Venture Partners.

“I am delighted that Tracy is joining AXA UK and Ireland as our new AXA PPP healthcare CEO. She brings a wealth of experience in large, complex, customer and people centric businesses and this, along with her excellent leadership skills, will further strengthen our management team. I very much look forward to working with her in the next phase for our healthcare business particularly as health continues to be a key strategic focus for the Group.

“I would also like to thank Keith for his excellent contribution over the years. He has grown a strong business with an impressive financial performance and customer service focus whilst also developing innovative products to better meet our customers’ needs, putting in place some core foundations for the future. I wish him all the best for the future.” [Claudio Gienal, Chief Executive, AXA UK & Ireland]

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