AXA names VP of funds group

AXA Equitable Life Insurance Co. has named Kenneth T. Kozlowski vice president of its Funds Management group. Mr. Kozlowski is currently the chief financial officer and treasurer of the Funds Management Group. In his new role, Mr. Kozlowski will be responsible for portfolio management, asset allocation, fund selection, rebalancing of 11 funds underlying the company's variable life, and annuity products and exchange traded funds activity. Since 2001, Mr. Kozlowski has been chief financial officer and treasurer of the two trusts that contain the portfolios underlying AXA Equitable's variable life and annuity products. Brian E. Walsh, vice president of Fund Administration will take over Mr. Kozlowski's roles of treasurer and chief financial officer of AXA Equitable's trusts. Mr. Walsh joined the company as a mutual fund administrator and previously worked in a mutual fund administration capacity for Prudential. AXA Equitable has 85 variable insurance portfolios with combined net assets of $85 billion as of April 30. AXA Equitable Life Insurance Co. is a division of AXA Financial Inc. in New York.