Metlife restructures

20 April 2010
| By Mike |

Metlife has restructured its Australian marketing and distribution operations in a bid to enhance its cross-selling capabilities in the institutional space.

The big insurer announced that, effective immediately, Eric Reisenwitz would head up the restructured team as chief marketing and distribution officer, with Richard Anderson moving from head of institutional to head of product, reinsurance and pricing, while Aaron Stokeld would take on the role of head of institutional insurance distribution and Julian Carpenter would lead as head of direct insurance distribution.

Commenting on the restructure, Reisenwitz said it was designed to capitalize on Metlife's ability to cross-sell products within the distribution channels, driving growth in the business.

He said the new structure would include five teams - Product, Reinsurance and Pricing; Marketing and Distribution; Institutional Insurance Distribution; Direct Insurance Distribution; and Citi Strategic Partnership.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 10 months ago

Australia’s average superannuation balance has climbed to a record high, with women’s savings share rising and reliance on the age pension falling....

10 hours ago

APRA has softened several governance reform proposals following extensive consultation with banks, insurers, and super funds across Australia....

10 hours ago

Superannuation funds have become the dominant force behind Australia’s private markets boom, fuelling unprecedented growth and reshaping manager operations....

10 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND