U.S. CFO, Former Treasurer Takes On Business Leadership Role
NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) has named Executive Vice President Marlene Debel as head of the Retirement & Income Solutions (RIS) business effective immediately. In this role, Debel is responsible for driving smart growth and sound management of MetLife’s broad range of structured risk and funding solutions for institutional retirement plans, including pension risk transfer, institutional income annuities and stable value funds.
Debel currently serves as U.S. CFO for MetLife, a role she will continue on an interim basis until a successor is named. Previously she spent five years as MetLife’s Treasurer, where she was responsible for capital management, liquidity risk, cash management and MetLife’s relationships with banks and ratings agencies. Debel joined MetLife from Bank of America where she was head of Global Liquidity Risk Management. Prior to that, Debel was Assistant Treasurer of Merrill Lynch and Co. She spent 20 years in a number of leadership positions across global treasury at Merrill Lynch.
“Marlene brings extensive leadership experience, a focus on sound financial management and a strong customer orientation to this role,” said Michel Khalaf, president, U.S. Business and EMEA, to whom Debel will report. “Her appointment signals our commitment to this business and desire to build on our leadership position.”
“RIS is an important business for MetLife,” said Debel. “I look forward to working with the team to drive value for our stakeholders and deliver financial security to our customers.”
Debel joined MetLife in 2011. She received an MBA in finance from Fordham University and a BS in finance from the State University of New York at Albany. She is on the board of the Women’s Forum of New York and is a strategic advisor to the Financial Women’s Association.
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com/about.
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Kim Friedman, 212-578-1524
Source: MetLife, Inc.