MetLife Appoints CIO New Chief

MetLife will appoint Steven Kandarian as its new president and CEO. He will replace Robert Henrikson, who will retire from his position in 2012, but will continue to serve as chairman of the board during a transition period until the end of 2011.

Kandarian, who will begin his tenure on May 1, 2011, previously served as MetLife’s executive vice president and CIO. Kandarian has also held senior positions at Pension Benefit Guaranty Corporation, Orion Partners, Eagle Capital Holdings and Lee Capital Holdings.

Click here for the release from Business Wire.