Axa UK has appointed Mark Pain as chairman of the board following predecessor Scott Wheway’s appointment as chairman of Scottish Widows.
Pain, a non-executive director at Axa UK, succeeds Wheway from today, subject to regulatory approval.
Wheway was appointed as chairman of the board of Axa UK in December 2017.
Pain (pictured) was appointed to the firm’s board as a non-executive director in December 2018 and is chairman of the risk committee and senior independent director.
A former retail banker with extensive experience of strategy, finance, risk management and customer service, Pain has almost 25 years’ experience as a FTSE main board director, with over 10 years’ experience as a non-executive director. This includes seven years at Aviva UK, where he also chaired the audit committee.
He is also the senior independent director at Close Brothers Group and is non-executive chairman of both London Square and Empiric Student Property.
Pain said: “On behalf of the board, I would like to thank Scott for the huge contribution he has made as chairman.
“His wise counsel and strategic expertise have supported the UK business through a period of significant change, at a time of challenging and volatile trading conditions.
“I am very proud to have been asked to succeed Scott and I look forward to working with the board, the Axa UK leadership team, and colleagues from Axa Group, to support our continued success as we continue to put our customers’ interests at the front and centre of all we do.”
