AXIS Names Ventresca to New Position of Chief Strategy Officer
AXIS Capital Holdings Ltd. announced that Linda Ventresca has been appointed to the newly created position of chief strategy officer.
Reporting directly to president and CEO Albert Benchimol, Ventresca will be responsible for guiding the development of the company’s strategic priorities and for driving the delivery of those priorities across the organization. She will continue to serve on the company’s executive committee.
Ventresca, who previously served as chief transformation officer, will continue to lead the company’s enterprise-wide transformation program, positioning AXIS to capitalize on the changes reshaping the insurance marketplace. Additionally, AXIS’ Corporate Development and Corporate Communications teams will continue to report to her.
“Linda is a respected leader, trusted adviser and the perfect person to serve as our first chief strategy officer,” said Benchimol. “She’s been with AXIS since nearly the beginning and has an expansive understanding of our business and the forces that our transforming the insurance industry.”
She will work with Benchimol to help shape the company’s corporate strategy and also will serve as a partner to AXIS’ Insurance and Reinsurance businesses.
Benchimol said she will help “ensure there is direct alignment between our corporate strategies and the individual strategies that are being driven within our segments.”
During her more than 15 years at AXIS, Ventresca has held numerous leadership roles within the organization, including head of Corporate Development and head of Investor Relations.
Prior to joining AXIS, Ventresca was an investment associate at MMC Capital Inc., where she worked extensively with AXIS as a portfolio company of the Trident II fund. Previously, she had been a member of the Financial Institutions Investment Banking Groups at Donaldson, Lufkin & Jenrette, and UBS Securities LLC. She holds an MBA from Columbia Business School and a BSE in Bioengineering from the University of Pennsylvania.
Source: AXIS Capital