FORMER chief minister Sir Miles Walker has retired as chairman of AXA Isle of Man.
Sir Miles joined the board of AXA Isle of Man in 2002 and was swiftly appointed chairman on January 1, 2003.
Since joining in 2002, with his extensive knowledge, skills and experience, Sir Miles has steered AXA Isle of Man through many changes, which have helped the company to become a market leader within the industry today.
His dedication and commitment has helped see the growth of funds under management grow from £1.7 billion assets for 15,411 clients as at December 31, 2002 to £7.5 billion assets for over 32,300 clients as at December 31, 2011.
Following the announcement of Sir Miles’ retirement, Mike Foy, managing director, AXA Isle of Man paid tribute to the skill, commitment and leadership which epitomised Sir Miles’ chairmanship.
Mr Foy said: ‘Sir Miles brought significant experience to AXA Isle of Man and has actively contributed to the success of the company in many ways.
‘His contribution as chairman has been greatly appreciated by all and he has been of particular support to me personally.
‘He will be greatly missed’.
Sir Miles said: ‘I have been privileged to be associated with this very fine company. To the senior management team, I have absolutely great regards, they have done a great job for the company and the Isle of Man. And to all of the staff at AXA Isle of Man, thank you also for all of your support.’
Born and educated in the Isle of Man, Sir Miles attended Castle Rushen High School and subsequently the Shropshire Agricultural College in England.
He served as Chief Minister on the island from 1986 to 1996, so has a comprehensive understanding of the Isle of Man, its economy, politics and machinery of Government.
In 1991, he went on to be honoured as Commander of the Order of the British Empire (CBE), was awarded an honorary degree in 1994 by Liverpool University; and given a knighthood in 1997. The company will announce in due course who will act as chairman following Sir Miles’ retirement.
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Saturday 25 May 2013
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