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
A former Perth financial adviser has pleaded guilty in court to stealing $1 million from his clients for his own benefit.
Contrary to expectations that Dixon Advisory would form the bulk of CSLR compensation, around three-quarters of the sum for FY26 relates to United Global Capital.
With consumers often unaware of the full extent of underlying costs in operating an advice practice, Adviser Ratings debates whether regulatory charges should be separated from advice fees.
Wealth management technology provider Bravura could be the next potential target for private equity firms, with commentators identifying how CEO Andrew Russell has enacted a successful turnaround.