Marlene DEBEL to lead MetLife retirement business

MetLife has named Executive Vice President Marlene DEBEL as head of the Retirement & Income Solutions (RIS) business effective immediately.

In this role, Marlene 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.

Marlene 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. Marlene DEBEL joined MetLife from Bank of America where she was head of Global Liquidity Risk Management. Prior to that, she 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 Marlene 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 Marlene DEBEL. "I look forward to working with the team to drive value for our stakeholders and deliver financial security to our customers."

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