Metlife names interim Australian CEO


MetLife Insurance Limited has appointed an interim chief executive in Australia to cover the period following the looming departure of Marc Lieberman.
The big insurer announced today that its head of employee benefits, Asia, and former AIA staffer Damien Green would take on the additional role of interim CEO of the Australian business, reporting to Nirmala Menon, head of designated markets and health, MetLife, until a successor is found.
The MetLIfe announcement said Green had previously served as AIA's CEO of group corporate solutions in Hong Kong as well as CEO for AIA in Australia before joining MetLife in his current role.
The company said Green had more than 10 years' of insurance industry experience, considerable expertise in group insurance and an in-depth knowledge of the Australian market.
Confirming the interim appointment, Menon said Australia was an important market for MetLife and that she was confident Green would work hard to ensure a smooth transition.
Recommended for you
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December.
The Reserve Bank of Australia has delivered its first rate decision since the introduction of a new board structure last month.
Digital advice provider Otivo has launched an interactive tool, powered by artificial intelligence and Otivo’s own advice engine, to help answer client questions.