Laurence Sanders: A Distinguished Leader in Financial Planning and Analysis at AXA UK
In the evolving landscape of corporate finance, the role of a strong and visionary leader has never been more crucial. Among the names that stand out in this field is Laurence Sanders, the Head of Financial Planning & Analysis (FP&A) and Corporate Finance at AXA UK. With a decade of extensive experience in financial services, Sanders has carved a distinguished path, underpinned by academic excellence, strategic foresight, and a profound understanding of financial mechanics.
The Vital Role of a Head of FP&A
What Is FP&A?
Financial Planning and Analysis (FP&A) is a cornerstone of corporate finance. It involves budgeting, forecasting, analysing financial data, and offering insights to support business decisions. The Head of FP&A is a senior leadership role, entrusted with steering a company’s financial strategy, ensuring economic sustainability, and advising on matters such as capital structure, performance management, and investment planning.
Responsibilities of a Head of FP&A
A Head of FP&A typically leads a team that collaborates with business units to deliver robust financial plans and accurate reporting. They engage with executive leadership, interpret market trends, and guide the company through financial uncertainties. Additionally, they play a pivotal role in mergers and acquisitions, capital allocation, and regulatory compliance.
Laurence Sanders: Career Overview
Academic Foundations
Laurence Sanders began his academic journey at St Olave’s Grammar School, excelling with 4 A*s at A Level and winning multiple academic awards, including the Ashley Prize for History and the Renshaw Shield for Debating. His intellectual rigour continued at the University of Cambridge, where he graduated with a Starred Double First in History from Churchill College. During his time at Cambridge, he actively participated in various sports and societies, showcasing a well-rounded character and leadership capabilities.
Entry into Financial Services
Sanders began his professional career at AXA, initially joining as a Tax Accountant. He quickly progressed through several roles, gaining a deep understanding of various financial functions. From Group Expense Controller to Risk Analyst, and eventually Financial Planning and Reporting Analyst, Sanders gained a 360-degree perspective of corporate finance. His experience in risk management under the Solvency II regime and his ability to produce detailed audit and assurance papers laid a strong foundation for his analytical and leadership skills.
Leading AXA UK’s Financial Strategy
Head of FP&A and Corporate Finance
In August 2022, Laurence Sanders was appointed Head of FP&A and Corporate Finance at AXA UK. This role marked a pivotal point in his career, placing him at the helm of financial strategy for a business with over £7 billion in turnover. Sanders has since built a high-performing, collaborative team, aligning financial planning with the company’s broader goals.
Strategic Achievements
Under Sanders’ leadership, AXA UK has seen substantial improvements in financial performance and strategic alignment. He has:
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Coordinated comprehensive regional financial plans by working closely with CFOs and business finance teams.
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Delivered and exceeded remittance ratio targets through capital optimisation initiatives.
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Maintained strong engagement with shareholders, offering clear insights into business performance and external market changes.
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Successfully partnered on major acquisitions, including the Ageas Commercial portfolio, Laya Healthcare, and Healthcare Business Solutions.
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Provided critical oversight of the balance sheet, managing solvency and cash flow amid volatile economic conditions.
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Led significant corporate finance negotiations, including the simplification and strike-off of legacy businesses, reinsurance arrangements, and securing credit facility access.
Leadership and Influence
A Strong Communicator and Influencer
Sanders’ role demands a blend of technical proficiency and strong interpersonal skills. His ability to translate complex financial data into meaningful business insights is a testament to his leadership. He is known for clear, persuasive communication, especially in high-stakes engagements with shareholders, auditors, and senior executives.
Team Development and Mentorship
Sanders places great emphasis on team building and mentorship. By fostering a culture of transparency, continuous improvement, and strategic thinking, he has cultivated a finance team that not only delivers results but also adds value across the business. His experience managing offshore teams, such as those based in India, also speaks to his inclusive and globally-minded approach.
A Career Marked by Diversity and Excellence
Experience Beyond Finance
Before taking on leadership roles in finance, Sanders explored diverse opportunities. He interned at Bupa, contributing to corporate strategy projects, and held roles at prestigious institutions like the Royal Collection Trust, Marylebone Cricket Club (MCC), and Gresham College. These experiences reflect a professional who values communication, service, and broad intellectual curiosity.
Recognised Excellence
Sanders’ career achievements are complemented by a strong record of academic and professional awards, underscoring his commitment to excellence in every endeavour. As a Chartered Accountant (ACA), he also brings a highly respected qualification that reinforces his credibility in financial leadership.
The Future of FP&A and Laurence Sanders’ Role
Evolution of the FP&A Function
FP&A is undergoing a transformation, driven by advances in data analytics, automation, and the growing need for real-time decision-making. As Head of FP&A, Laurence Sanders is well-positioned to lead AXA UK through this evolution. His ability to leverage technology, interpret data trends, and adapt financial strategies ensures that the organisation remains agile and competitive.
Visionary Leadership
In a world where finance is as much about prediction as it is about precision, Sanders exemplifies what it means to be a modern finance leader. His role is not just about numbers; it’s about envisioning the future, understanding external risks, and delivering actionable strategies that sustain long-term value.
Conclusion
Laurence Sanders is more than just the Head of FP&A and Corporate Finance at AXA UK — he is a financial strategist, people leader, and forward-thinker. His journey from Cambridge to corporate leadership is marked by perseverance, intellect, and an unwavering commitment to financial excellence.
In an industry that constantly demands adaptation and insight, Sanders continues to set a benchmark for what it means to lead in finance. His contribution to AXA UK not only reinforces the importance of the FP&A function but also highlights the immense value that thoughtful, data-driven leadership brings to large, complex organisations. As financial ecosystems continue to evolve, leaders like Laurence Sanders will undoubtedly play a central role in shaping the future.
