Christopher G. Townsend
Christopher Townsend is president of MetLife's Asia region and a member of the company's executive group. Appointed to this position in August 2012, Townsend oversees all of MetLife's businesses Japan, Korea, Australia, Hong Kong, China, India, Bangladesh, Nepal and Pakistan. In 2012, the Asia region generated $1 billion in operating earnings.
Prior to joining MetLife, Townsend was, since 2010, chief executive officer of the Asia Pacific region at AIG, a leading insurance organization serving more than 70 million clients around the world. In addition to leading all aspects of the business across the region, which included 4,700 employees in 15 countries, he oversaw the company's risk, audit, compliance and investment divisions. As CEO, Townsend drove capital optimization, cost efficiency and a focus on client needs as he implemented a strategy to take advantage of opportunities to drive an above average return on equity.
From 2007 to 2010, Townsend was chief executive officer of AIG Australasia, with responsibility for the company's businesses across Australia and New Zealand. Working with many of the company's internal and external stakeholders, he developed and executed on a three-year plan to deliver a superior compound annual growth rate and solid combined operating ratios. In addition to reorganizing the business around its customers, he drove innovation through product development and the implementation of an ebusiness initiative that helped differentiate AIG from many of its key competitors.
Earlier in his career, Townsend was the CEO of AIG Hong Kong, served as senior vice president of mergers and acquisitions and also held a number of senior leadership roles in Hong Kong, London and Sydney. He joined AIG in the United Kingdom in 1991 and spent more than half of his 21-year career in the company's Asia Pacific region.
Townsend currently sits on the board of directors for MetLife's philanthropic organization, the MetLife Foundation, and also serves as vice chairman of the US-Korea Business Council. Townsend has previously served as a board member of the Hong Kong Federation of Insurers, governor of the American Chamber of Commerce and board member of the Insurance Council of Australia. He is a chartered insurer.