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CEO: Asia Very Important to AXA Asia-Pac

Wednesday, 17 Feb 2010 | 5:32 PM ET

AXA Asia-Pacific's net profit came in slightly ahead of expectations. Its CEO, Andrew Penn, tells CNBC's Matthew Taylor that the result is partly due to stronger sales, especially in Asia. But he adds that his company is not just focused on Asia, its Australian and New Zealand operations are also very important.