a leading financial protection company, announced today that Fred
Makonnen has been appointed as Divisional Vice President, charged with
broadening AXA’s national focus in the Tax Exempt Retirement Plan
Market. He will lead a dedicated national sales team responsible for new
business development and sales opportunities, working primarily through
AXA’s retail distribution channel, AXA Advisors, LLC. Makonnen joined
AXA’s Retirement Plan Services team in 2013 as Regional Vice President
and was responsible for market growth in the central region, comprising
Texas, Arkansas, Louisiana, Mississippi, Ohio, Kentucky and Indiana.
"We’re looking forward to Fred expanding on his central region success
across our nationwide footprint,” said Matt Drummond, head of tax-exempt
sales and business development, to whom Makonnen reports. "His success
so far has translated to more Americans feeling that they’ve prepared
adequately so that they might enjoy a dignified retirement.”
Prior to joining AXA, Makonnen spent 12 years in various senior sales
management positions within ING/Voya, including Vice President of
institutional sales, where he was responsible for large group
acquisitions in the health, education, and government space. Also while
at ING/Voya, Makonnen headed African American Multicultural Sales &
Marketing, where he was responsible for developing education and
communication materials for various underserved markets.
Makonnen holds a bachelor’s degree in business administration from the
University of Connecticut. He also holds the Series 7, 66 and 24
securities industry registrations administered by the Financial Industry
Regulatory Authority (FINRA).
"AXA” is a brand name of AXA
Equitable Financial Services, LLC and its family of companies,
including AXA Equitable Life Insurance Company (NY, NY), MONY Life
Insurance Company of America (AZ stock company, administrative office:
Jersey City, NJ), AXA Advisors, LLC, and AXA Distributors, LLC. In
business since 1859, AXA Equitable Life Insurance Company is a leading
financial protection company and one of the nation’s premier providers
insurance and annuity
products distributed to individuals and business owners through its
retail distribution channel, AXA Advisors, LLC (member FINRA, SIPC) and
to the financial services market through its wholesale distribution
channel, AXA Distributors, LLC (member FINRA, SIPC).
S.A. (also referred to as "AXA Group”) is a Paris-headquartered
holding company for a group of international insurance and financial
services companies, including AXA Equitable Financial Services, LLC
companies. AXA S.A. is a worldwide leader in financial protection
strategies and wealth management with 103 million clients in 64
countries as of Dec. 31, 2015. AXA S.A. has been ranked the No. 1
insurance brand in the world by Interbrand
for eight consecutive years as of Oct. 5, 2016.
The obligations of AXA Equitable Life Insurance Company and MONY Life
Insurance Company of America are backed solely by their claims-paying
ability. Find AXA on Facebook, Twitter and LinkedIn.
For more information, visit www.axa.com.
GE-119625 (10/16)(Exp. 10/18)
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