Paris-based insurer AXA announced the appointment of three chiefexecutives as it integrates its acquisition of WinterthurGroup.

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Jean-Raymond Abat, 57, regional group CEO for the AXAMediterranean Region (Spain, Italy, Portugal, Morocco, Turkey, theGulf and Lebanon), will become chairman of insurance activities inSpain.

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Javier de Agustin, 54, currently CEO of AXA Seguros, will benamed CEO of insurance activities in Spain.

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AXA said it would operate from two sites, Madrid and Barcelona,as its headquarters for the Spanish markets.

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Paul Sampson, 50, currently CEO of AXA Life Insurance, will beappointed CEO for company life insurance activities in Japan.

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The appointments are subject to the successful completion of theWinterthur acquisition, which is expected Dec. 31.

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AXA announced in mid-June that it would acquire Winterthur fromthe Zurich-based banking firm Credit Suisse Group in a cash dealfor about $10 billion.

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In the United States, AXA's business is exclusively life andsavings, while Winterthur's business is property-casualty.

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