METLIFE NAMES MARLENE DEBEL AS TREASURER

MetLife, Inc. (NYSE: MET) announced today that Marlene Debel will join the company as senior vice president and treasurer, effective June 27.  As treasurer, Debel will have responsibility for the strategic management of MetLife’s financial resources, including capital management and overseeing the company’s relationships with both banks and rating agencies.  Debel will report to William J. Wheeler, executive vice president and chief financial officer.  She succeeds Steven J. Goulart, who was recently named chief investment officer.

“I’m extremely pleased to welcome Marlene to MetLife,” said Wheeler.  “Her more than 20 years of experience in funding, liquidity, capital management and structured transactions, as well as her ability to build strong relationships with rating agencies and outside financial advisors will be extremely beneficial to MetLife.”

Most recently, Debel was global head of liquidity risk management and rating agency relations for Bank of America, where she developed a comprehensive global liquidity risk strategy for the company.  She was responsible for all new liquidity initiatives, such as Basel III, and managed relationships with both rating agencies and fixed income investors.

Debel served as assistant treasurer of Merrill Lynch & Co., Inc. from June 2007 to December 2008, where she was head of corporate finance and liquidity risk management.  She has previously held a number of leadership positions involving long-term funding, capital management, rating agency relations, structured transactions and insurance.  She joined Merrill Lynch in 1988.  Debel received an MBA in finance from Fordham University and a BS in finance from the State University of New York at Albany.

 

MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs, serving 90 million customers in over 60 countries.  Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia Pacific, Europe and the Middle East.  For more information, visit www.metlife.com.

Contact:

MetLife
For Media: John Calagna
MetLife
For Investors: John McCallion
For Investors: John McCallion