Axa names Wills to lead shake-up
28 August 2012
The UK division of French insurance company Axa is to merge its procurement departments to help it meet its global savings targets for purchasing.
Axa's three departments - healthcare, general insurance and life insurance - have a total budget of £1 billion. The company wants to run them more efficiently and to avoid duplications, said Stephen Wills, who will oversee the function in the new post of head of group procurement.
Wills, who was promoted from head of procurement for the general insurance...