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
ASIC has issued infringement notices to two AFSLs over financial advisers providing personal advice while they were unregistered.
Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cost continues to be an issue.
AMP has announced a senior appointment to its North leadership team, reinforcing the firm’s commitment to the advice industry.
Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam is unethical.
