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
Financial advisers will have to pay around $10.4 million of the impending $47.3 million CSLR special levy but Treasury has expanded the remit to also include super fund trustees and other retail-facing sub-sectors.
Recommendations by the FSC around implementing a practicing certificate framework for advisers would be burdensome and add little value for AFSLs, according to SIAA.
The RBA has made its latest interest rate decision at the the final monetary policy meeting of 2025.
AZ NGA has acquired Sydney-based advice and wealth management firm Financial Decisions, allowing its CEO to step back and focus on providing advice.
