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. Insider Information

    A non-public fact regarding the plans or condition of a publicly ...
  5. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
  6. Outside Director

    Any member of a company's board of directors who is not an employee ...
Related Articles
  1. Is Your Insurance Company Going Belly ...
    Home & Auto

    Is Your Insurance Company Going Belly ...

  2. How An Insurance Company Determines ...
    Home & Auto

    How An Insurance Company Determines ...

  3. Management Strategies From A Top CEO
    Professionals

    Management Strategies From A Top CEO

  4. When Things Go Awry, Insurers Get Reinsured
    Home & Auto

    When Things Go Awry, Insurers Get Reinsured

Hot Definitions
  1. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  2. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  3. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  4. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
Trading Center