Business

Axis CEO to step down at end of the year

Peter Wilson, who will depart the firm at the end of the year, will be replaced by Vincent C. Tizzio who will become the CEO on 1 June 2022

Axis Insurance has announced that its CEO Peter Wilson will leave the business at the end of the year.

Wilson will be replaced by Vincent C. Tizzio who will become the CEO on 1 June 2022.

Following the transition, Wilson will continue with the company through December 31, 2022, on a consultative basis.

He said: “I couldn’t be more proud of the work that AXIS Insurance has accomplished over the past eight years – we’ve made tremendous progress in strengthening the business.

“AXIS Insurance is set on a strong course for the future and I look forward to working with Vince in the coming months to ensure a smooth transition.”

Albert Benchimol, president and CEO of Axis Capital Holdings, added: “We’re grateful to Peter for his years of leadership at AXIS and for the achievements made under his watch, as well as for his support in guiding a smooth transition.

“Under Peter’s leadership, we have enhanced our Insurance portfolio, grown a positive culture grounded in client service and trust and set an exciting foundation for the future.”

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