MetLife shuffles senior leadership as part of CEO transition
MetLife has made a series of changes to its senior leadership ranks in connection with its CEO transition, all of which are effective from May 2019.
The company's executive vice president and chief risk officer Ramy Tadros will become president, of the US business, succeeding Michel Khalaf.
Khalaf will become the new president and chief executive officer of MetLife.
Furthermore, Dirk Ostjin, senior vice president and head of EMEA, will continue to oversee the EMEA business reporting to Khalaf.
Marlene Debel, currently executive vice president and head of retirement & income solutions (RIS), will become MetLife’s chief risk officer. She will report to Khalaf and join the company’s executive group.
Finally, Graham Cox, executive vice president in Global Risk Management (GRM), will succeed Debel as head of RIS and report to Tadros.
“Ramy is a seasoned executive with more than 20 years of experience advising global life and property and casualty insurers on strategy, product, distribution and financial topics,” said Steven Kandarian, chairman, president and chief executive officer of MetLife, Inc. “As chief risk officer, his leadership has been essential to elevating our risk function in support of MetLife’s transformation into a company that appropriately balances growth and risk while generating stable free cash flow.”
“I am confident that Ramy’s vast knowledge of the industry and strategic skills will position the U.S. Business for future success,” Kandarian added.
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