METLIFE NAMES MARTIN LIPPERT HEAD OF GLOBAL TECHNOLOGY
NEW YORK – August 22, 2011 – MetLife, Inc. (NYSE: MET) today announced that Martin Lippert will join the company as executive vice president and head of global technology, effective Sept. 6, 2011. Lippert will report to President and Chief Executive Officer Steven A. Kandarian and become a member of MetLife’s executive group.
“Marty has long been acknowledged as one of the most innovative technology thinkers in the financial services industry,” Kandarian said. “His 30 years of experience in leading technology change will help MetLife successfully complete its transformation from the leading domestic life insurer to a truly global financial services enterprise.”
Most recently, Lippert served as chief operations and technology officer for Citigroup, where he drove change across Citi’s newly centralized Global Technology and Operations Division. Among his accomplishments at Citi was repositioning the division to more effectively transfer strengths from one geography to another. This helped drive efficiency and lift product capability during one of the industry’s most challenging times.
Prior to joining Citigroup, Lippert spent 11 years as vice chairman and group head of global technology and operations for the Royal Bank of Canada (RBC), where he transformed the underlying technology base of the company in terms of both infrastructure and customer-data management. In surveys by Forrester Research and Gartner Inc., RBC was recognized as “best in class” in technology globally among financial institutions during Lippert’s tenure.
Lippert began his career in the information technology department of Mellon Bank, where he spent 16 years in progressively responsible positions, culminating in his being named executive vice president for information management & research in 1993. He earned a bachelor of science degree from the University of Pittsburgh in 1981.
MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs, serving 90 million customers in over 60 countries. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia Pacific, Europe and the Middle East. For more information, visit www.metlife.com.
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