MetLife Appoints Head of U.S. Pensions

MetLife, Inc. appointed Wayne Daniel as vice president for U.S. pensions within the firm's corporate benefit funding division.

Daniel will report to Robin Lenna, executive vice president and head of corporate benefit funding at MetLife.

Daniel will assume his new role, based in New York, in May 2014. He will also continue his current role as CEO of MetLife Assurance, a specialist bulk annuity pension provider and UK subsidiary of MetLife, through the completion of the sale and transition of MetLife Assurance services to Rothesay Life Limited during the second quarter of 2014.

“Wayne’s appointment is indicative of MetLife’s strong commitment to the U.S. pensions market. Having led our UK-based pension team, he is already familiar with MetLife’s strategy, our business and pension product offerings,” says Lenna, who is based New York. “Wayne’s breadth of knowledge, global perspective and experience with all facets of the pension risk transfer business will further deepen our leadership team in the United States.”

Daniel joined MetLife Assurance in late 2011 as vice president and was promoted to chief executive officer in March 2012. Prior to MetLife, Daniel was managing director of longevity markets at Credit Suisse, where he worked on one of the largest longevity swap transactions in the UK. Earlier, Daniel was a senior vice president at Sun Life Financial, leading the global reinsurance business. He began his career as a pension actuary with a large mutual insurer in South Africa and is a qualified fellow of the Institute of Actuaries.

MetLife, Inc. is a global provider of insurance, annuities and employee benefit programs.