METLIFE NAMES JOHN HELE CHIEF FINANCIAL OFFICER
New York, NY, July 25, 2012
MetLife, Inc. (NYSE: MET) today announced that John C. R. Hele, 53, will join the company as executive vice president and chief financial officer, effective Sept. 4, 2012. Hele will report to Chairman, President and Chief Executive Officer Steven A. Kandarian and become a member of MetLife's executive group.
"John is a highly qualified chief financial officer with over 30 years of broad financial services and insurance industry experience," Kandarian said. "His deep technical expertise, knowledge of world markets, strong risk management skills and proven leadership ability will serve our customers and shareholders well."
Most recently, Hele was executive vice president, chief financial officer and treasurer of Arch Capital Group Ltd., a public limited liability company that writes insurance and reinsurance globally through operations in Bermuda, the United States, Europe and Canada.
Prior to joining Arch Capital in 2009, Hele was chief financial officer and a member of the executive board of ING Group N.V., one of the largest global financial services companies. As CFO, Hele was based in Amsterdam and had responsibility for a large global financial function in over 60 countries. He was also responsible for financial controls and reporting as well as capital management and tax reporting. During his six-year tenure at ING, Hele was also deputy chief financial officer, general manager, and chief insurance risk officer, responsible for global insurance risk management. Hele also served as group actuary.
Hele served as chief executive officer of Worldinsure, Bermuda, a technology company that automated life insurance underwriting, from 1999 to 2003. Prior to that, he spent 11 years with Merrill Lynch in investment banking, marketing and finance positions. In addition, Hele held various actuarial, finance and business roles at Crown Life in Toronto.
Hele has been a member of the CFO Forum in Europe, the chair of the Chief Risk Officer Forum, and is a Fellow in the Society of Actuaries. He holds a bachelor's degree in mathematics from the University of Waterloo, Ontario, Canada.
MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs, serving 90 million customers. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visitwww.metlife.com.
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