Metlife expected to announce new Australian CEO
Major insurer Metlife is expected to announce the appointment of a new Australian chief executive within the next few weeks.
The company confirmed late last year the intended departure of incumbent chief executive Marc Lieberman, and it is understood that a recruitment process has been underway which has canvassed both Australian-based and offshore candidates.
Lieberman has held the Australian CEO role since 2010.
The announcement of the new CEO appointment is expected to coincide with Metlife's announcement of a major new mandate in the life/risk space capable of significantly expanding the insurer's local market share.
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
