Statewide Super chief executive, Richard Nunn has been announced as the new Australian chief executive of big insurer, MetLife.
MetLife announced the appointment today, with Nunn’s appointment ending a long recruitment period following the departure of MetLife’s former Australian chief executive, Deanne Stewart who succeeded Michael Dwyer as chief executive of First State Super.
Announcing Nunn’s appointment, MetLife Australia chairman, Geoff Brunsdon noted the firm’s recent expansion into the retail market and its recent win with respect to Tasplan.
“I am confident Richard will continue to build on that momentum and deliver our vision of giving people the fastest, easiest and most caring life insurance experience,” he said.
Prior to joining Statewide, Nunn’s career traversed National Australia Bank, IOOF and AXA.
Nunn will be taking up his position in May with Vince Watt, MetLife Australia’s Chief Financial Officer, continuing as Acting CEO.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.