AXA global executives highlighted the Philippines' strong growth potential during their visit in the country, citing its expanding economy and young population's rising demand for insurance and financial services. [From left to right: AXA Philippines Chief Financial Officer Mikael Malaganne, Chief Human Resources Officer Sharon Hernandez, Chief Operations Officer Kathleen Villegas, Chief Transformation and Technology Officer Caloi Santos, AXA Group Chief Executive Officer Thomas Buberl, AXA Philippines Chief Executive Officer Ayman Kandil, AXA International Markets Chief Executive Officer Hassan El-Shabrawishi, AXA Philippines Chief General Insurance Officer Gael Lapie, AXA Philippines Chief Distribution Officer Khaled Younis, and AXA Philippines Chief Marketing Officer Nandy Villar.]
AXA, a worldwide leader in insurance, reaffirmed its commitment to the Philippines as a key growth market during the recent visit of its global leadership team. AXA Group Chief Executive Officer Thomas Buberl and AXA International Markets Chief Executive Officer Hassan El-Shabrawishi emphasized the country’s strong potential, citing its growing economy of about 5% per year that is driven by strong domestic demand from a growing yet fragile middle class, its young and dynamic population, and increasing demand for protection and financial solutions. They noted that these factors make the Philippines both a vital market for AXA’s global strategy and a hub of innovation and resilience.
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