NEW YORK, Oct. 16, 2012 /PRNewswire/ -- AXA Equitable Life Insurance Company has named David Kahal senior vice president of Life Distribution Management. Previously, he served as divisional president of the national division of the company's retail distribution channel, AXA Advisors, LLC.
In his new position, Mr. Kahal leads life insurance sales for AXA Equitable's wholesale and retail distribution channels.
"Life insurance is a key driver in AXA Equitable's strategic plan to expand into new markets," said David O'Leary, executive vice president and head of Financial Protection at AXA Equitable. "Dave's deep understanding of and proven success in retail and wholesale distribution make him an excellent choice for this leadership role."
Mr. Kahal is responsible for accelerating the growth of AXA Equitable's proprietary life insurance products in the company's retail channel and to third-party distributors. He is also responsible for developing distribution methods to new market segments.Prior to his new position, Mr. Kahal held several leadership positions at AXA, including as divisional president of the national division and national sales manager. He began his AXA career as a financial professional and later served as a district manager. Prior to joining AXA, Mr. Kahal was senior vice president, national sales manager with LifeSource/Time Financial, a BISYS company (now Crump). Also, he was a co-founder and owner of LifeSource Executive Benefits and Insurance Service, a specialized brokerage general agency. Mr. Kahal holds a bachelor's degree in finance from San Diego State University. He also holds the FINRA Series 7, 24, 63 and 65 securities registrations.
About AXA Equitable's Life Insurance PortfolioAXA Equitable's suite of life insurance products includes: Universal Life (UL), Survivorship UL, Indexed UL (IUL), Variable Universal Life (VUL), Survivorship VUL, Level Term, Annual Renewal Term, and Corporate-owned Life Insurance (both VUL and UL). Among many optional riders on its products, the company offers a long-term care services rider on its VUL, UL and IUL products and a groundbreaking market stabilizer option on its individual VUL.