AXIS Names Linda Ventresca Chief Strategy Officer
PEMBROKE, Bermuda--(BUSINESS WIRE)--Aug 21, 2018--AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE:AXS), today announced that Linda Ventresca has been appointed to the newly created position of Chief Strategy Officer. Reporting directly to President and CEO Albert Benchimol, Ms. Ventresca will be responsible for guiding the development of the Company’s strategic priorities and for driving the delivery of those priorities across the organization. She will continue to serve on the Company’s Executive Committee.
Ms. Ventresca, who previously served as Chief Transformation Officer, will continue to lead the Company’s enterprise-wide transformation program, positioning AXIS to capitalize on the changes reshaping the insurance marketplace. Additionally, AXIS’ Corporate Development and Corporate Communications teams will continue to report in to her.
“Linda is a respected leader, trusted advisor and the perfect person to serve as our first Chief Strategy Officer. She’s been with AXIS since nearly the beginning and has an expansive understanding of our business and the forces that our transforming the insurance industry,” said Mr. Benchimol. “In addition to working with me to help shape our corporate strategy, Linda will serve as a partner to our Insurance and Reinsurance businesses and will help ensure there is direct alignment between our corporate strategies and the individual strategies that are being driven within our segments.”
During her more than 15 years at AXIS, Ms. Ventresca has held numerous leadership roles within the organization, including Head of Corporate Development and Head of Investor Relations. Prior to joining AXIS, Ms. Ventresca was an investment associate at MMC Capital Inc., where she worked extensively with AXIS as a portfolio company of the Trident II fund. Previously, she had been a member of the Financial Institutions Investment Banking Groups at Donaldson, Lufkin & Jenrette, and UBS Securities LLC. Ms. Ventresca holds an M.B.A. from Columbia Business School and a B.S.E. in Bioengineering from the University of Pennsylvania.
About AXIS Capital
AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at June 30, 2018, of $5.3 billion and locations in Bermuda, the United States, Europe, Singapore, Middle East, Canada and Latin America. Its operating subsidiaries have been assigned a rating of “A+” (“Strong”) by Standard & Poor’s and “A+” (“Superior”) by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com.
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AXIS Capital Holdings Limited
Matt Rohrmann, 212-940-3339
AXIS Capital Holdings Limited
Keith Trivitt, 212-715-3557
KEYWORD: BERMUDA CARIBBEAN
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: AXIS Capital Holdings Limited
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PUB: 08/21/2018 09:00 AM/DISC: 08/21/2018 09:01 AM