Alexandre Draznieks, CEO of Cardif Lux Vie; Credit: Cardif Lux Vie

Luxembourg insurance company Cardif Lux Vie has announced the appointment of Alexandre Draznieks as its Chief Executive Officer (CEO) with effect from 1 September 2022.

Alexandre Draznieks began his career in 1994 as a research officer at the National Institute of Statistics and Economic Studies (INSEE) of France. In 2002, he joined the Treasury Department of the French Ministry of the Economy and Finance as deputy head of "G7 and preparation of summits", then as head of "emerging markets". In 2005, he was appointed to the European Bank for Reconstruction & Development (EBRD) in London in the United Kingdom, where he was in charge of the President's office and then held the position of Director "Official Co-financing". He joined the BNP Paribas Group in 2009 in International Retail Banking (IRB), where he was in charge of strategy. In 2012, he became head of the Northern Europe & Emerging Markets area of BNP Paribas Cardif. In 2020, he joined BNP Paribas Cardif France where he was appointed Director of the AEP business unit, a French player in asset-based life insurance.

Mr Draznieks is a graduate of the École Polytechnique de Paris and the École Nationale de la Statistique et de l'Analyse Économique (ENSAE).

As CEO of Cardif Lux Vie, Alexandre Draznieks will be in charge of the development of the business in Luxembourg and in the countries where the company operates in Europe (France, Italy, Belgium, Spain, Portugal) and outside the European Economic Area (EEA).

"I am delighted to join Cardif Lux Vie and to actively contribute to the development of our business by focusing our actions on innovation, digitalisation and service quality. I will also pursue our initiatives to make Cardif Lux Vie a company that is centered on people and that has a positive impact on the environment and society", said Mr Draznieks.

Alexandre Draznieks succeeds Christian Gibot who has been appointed to the Executive Committee of BGL BNP Paribas as Head of Wealth Management. This appointment is subject to the approval of national and European regulatory authorities.