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 accepted a court enforceable undertaking from a Perth-based company auditor who failed to adequately conduct multiple audits on an advice firm that receivers say has $100 million missing.
After a brutal month for adviser numbers, the net loss for June now stands at more than 100 advisers, but the financial year is still on track to end in positive territory.
Two advice platforms have been identified by Adviser Ratings as standouts for efficiency as time-pressured advisers become evermore fickle in their platform selection.
Private wealth manager Escala Partners has increased its alternatives allocations to more than a third in the past three years, describing the asset class as offering “fertile ground” for diversification.
