Tracy Garrad has been appointed chief executive officer of AXA PPP healthcare, succeeding Keith Gibbs who is retiring.
Garrad was most recently CEO, HSBC Channel Islands and Isle of Man and prior to that was chief executive officer for First Direct, the UK bank.
Garrad, who will take up the post officially in January subject to regulatory approval, succeeds Gibbs (pictured), who is retiring at the end of the year. Following her appointment, she will join the Management Committee of AXA UK & Ireland.
Gibbs – winner of the Health Insurance Lifetime Achievement Award in 2017 – joined AXA UK and Ireland in 2001 as the CEO for AXA PPP healthcare and has sat on the boards of AXA UK, AXA Insurance UK, AXA Global Health and AXA Venture Partners.
Claudio Gienal, chief executive, AXA UK & Ireland, said: “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.”