AXIS announces new chief strategy officer

AXIS Capital Holdings has announced that Linda Ventresca has been appointed to the newly created position of chief strategy officer.

Reporting directly to president and chief executive officer 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 organisation. 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 capitalise on the changes reshaping the insurance marketplace. Additionally, AXIS’ corporate development and corporate communications teams will continue to report in to her.

“Linda is a respected leader, trusted advisor and the perfect person to serve as our first chief strategy officer. 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,” said Benchimol. “In addition to working with me to help shape our corporate strategy, Linda will serve as a partner to our Insurance and Reinsurance businesses and 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 organisation, including head of corporate development and head of investor relations. Prior to joining AXIS, she was an investment associate at MMC Capital, where she worked with AXIS as a portfolio company of the Trident II fund.