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Axa finance director to leave for Groupama

Groupama Insurances has announced the appointment of Laurent Matras as managing director.

Mr Matras will join Groupama from Axa where he was finance director for Axa Insurance UK and Axa PPP. The appointment is expected to take effect from 1 April 2008 and is subject to FSA approval.

Until 1999 Mr Matras was a financial analyst for Axa’s Group Corporate Finance team in Paris before a move to the UK as head of actuarial at Axa Insurance UK. He was appointed as head of personal lines underwriting in 2002 before becoming finance director in 2005.

Commenting on the appointment, François

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