U.S. insurance company MetLife on Tuesday named Michel Khalaf, the head of its U.S. and EMEA business, as its new chief executive officer, succeeding Steven Kandarian.
Khalaf will assume his new position on May 1, MetLife said in a press release.
He joined MetLife in 2010, after the company bought American Life Insurance Company (Alico) from American International Group in 2010. Khalaf worked with Alico for over two decades, in several leadership roles across the world.
Kandarian will retire as chairman, president and CEO of MetLife on April 30.
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