NU Online News Service, April 19, 2005, 4:25 p.m. EDT

AXA Financial Inc. has hired Andrew McMahon to be the senior vice president in charge of a new strategic initiatives group.[@@]

McMahon will be responsible for coming up with strategies to increase sales through AXA Financial’s retail and wholesale distribution channels, AXA Financial says.

McMahon previously was a life insurance distribution consultant at McKinsey & Company, New York.

McMahon has a bachelor’s degree from Fairfield University and a master’s degree in business from Columbia University.

AXA Financial, New York, is an affiliate of AXA S.A., Paris.