Ouajnat Karim will become the new UK CEO of AXA Investment Management on 11 December, taking the reins from current CEO Marcello Arona, who is leaving after leading the firm since 2021.
Karim has worked in various roles at AXA since 2007 and became its COO and global head of oversight earlier this year.
She will retain some of her responsibilities in these roles in addition to that of CEO and will now report in to AXA’s CFO and general secretary Jean-Chistophe Menioux, and COO and global head of transversal services Geoffroy Reiss.
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Menioux said: “I am delighted that Ouajnat will be taking on this new professional endeavour within AXA IM and I trust that her extensive knowledge of the business, significant control and governance oversight experience, as well as her strong focus on people and clients, will be instrumental to her success in the role.
“I would like to warmly thank Marcello Arona for the significant contribution he has made to AXA IM over the last 20 years and wish him every success for the future.”
