Metlife expected to announce new Australian CEO

1 February 2014
| By Staff |
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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.

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