Henri de Castries

AAA

DEFINITION of 'Henri de Castries'

The chairman and CEO of insurer and asset manager AXA since 2000. De Castries has also has been a director of MONY Life Insurance Co., AllianceBernstein Corp., CSFBdirect, Inc., Credit Suisse First Boston USA, Inc., AXF and Harris Direct. At AXA, De Castries assisted with the acquisitions of many companies, including Guardian Royal Exchange and French insurer UAP, cut costs by selling off some of the company's non-core assets, and helped AXA double its earnings. He also expanded the company's global presence.

INVESTOPEDIA EXPLAINS 'Henri de Castries'

Born of noble heritage in 1954 in France, De Castries holds degrees in business and law and also graduated at the top of his class from France's École Nationale d'Administration, which prepares students to work for the government. De Castries began his career in the French Finance Ministry Inspection Office in 1980 as an auditor, then worked for the French Treasury before joining AXA in 1989.

RELATED TERMS
  1. Acquisition

    A corporate action in which a company buys most, if not all, ...
  2. Chairman

    An executive elected by a company's board of directors that is ...
  3. Corporate Headquarters

    A place where a company's executive offices and executives' direct ...
  4. Inside Director

    A board member who is an employee, officer or stakeholder in ...
  5. Insider

    A director or senior officer of a company, as well as any person ...
  6. Insider Information

    A non-public fact regarding the plans or condition of a publicly ...
Related Articles
  1. Home & Auto

    Is Your Insurance Company Going Belly Up?

    When insurance companies go bankrupt or face financial difficulty, it's bad news for policy holders.
  2. Home & Auto

    How An Insurance Company Determines Your Premiums

    Find out how insurers use credit history to build an insurance score and how it could affect your bottom line.
  3. Professionals

    Management Strategies From A Top CEO

    Find out what this winning manager did to grow one of the biggest companies in the world.
  4. Home & Auto

    When Things Go Awry, Insurers Get Reinsured

    Guru Warren Buffett is making this sector popular. Learn more here.
  5. Options & Futures

    Moral Hazards: A Bump In The Contract Road

    Learn how this phenomenon can cause a party in an agreement to behave differently than expected.
  6. Retirement

    5 Mistakes That Can Ruin Your Life (Insurance)

    Don't let these simple errors leave you unprotected. Read on to learn more.
  7. Insurance

    What To Expect When Applying For Life Insurance

    Before jumping into a policy, check out these tips on how to score the best plan for you.
  8. Facebook Developing New Technologies To Stay On Top
    Investing Basics

    Facebook's Quest For Relevance Leads To New Tech

    the seed from which Facebook sprouted was an immature, perhaps even tacky website that allowed the student community to vote on the appearance of their fellow students.
  9. Investing

    Patrick Byrne's Interest In Bitcoin Was A Good Call, It Turns Out

    Patric Byrne and his interest in Bitcoin is much beyond a 'publicity stunt' that many had initially alleged. He sees a future in cryptocurrency.
  10. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.
    Professionals

    What is a SWOT Analysis?

    SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis is a management tool used to identify strategies for success. It may be used to guide individual thinking, group ...

You May Also Like

Hot Definitions
  1. Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often ...
  2. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  3. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  4. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  5. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
  6. Special Administrative Region - SAR

    Unique geographical areas with a high degree of autonomy set up by the People's Republic of China. The Special Administrative ...
Trading Center