AXA's head of U.K. institutional resigns

Madeline Forrester, head of U.K. institutional at AXA Investment Managers, has resigned from the firm for a new opportunity, a company statement said.

She is currently on garden leave, or a non-compete period. In the statement, the company said, “We are in the process of recruiting a replacement for Maddi and in the meantime her responsibilities are being managed by the U.K. team.”

Ms. Forrester could not be reached by press time to discuss her plans.