New CEO to take charge of MetLife's Australian business

New CEO to take charge of MetLife's Australian business | Insurance Business

New CEO to take charge of MetLife

A global specialist provider of life insurance has announced the new head of its Australian business.

Richard Nunn, current CEO of Statewide Super, will join MetLife on May 01 as chief executive officer, bringing more than three decades of financial-services experience (including life insurance and retail advice) across wealth management and banking in Australia and Asia to his new role.

Nunn’s “deep financial services experience and proven ability to deliver growth make him a great fit for MetLife,” said Geoff Brunsdon, chair of Metlife in Australia. “MetLife continues to gather momentum in Australia, recently expanding into the retail market and winning the multi-million dollar Tasplan tender. 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.”

Prior to joining Statewide, one of MetLife’s longest standing clients, Nunn worked for some major industry players, including NAB, Commonwealth Bank of Australia, IOOF, and AXA, across a range of management roles and geographies.

Vince Watt, MetLife Australia’s chief financial officer, will continue as acting CEO until Nunn commences his role in May.

“I want to thank Vince for his outstanding leadership and all our employees for their continued commitment to delivering for our customers,” Brunsdon said.