MetLife Names Martin Lippert Head of Global Technology
August 22 2011 - 8:59AM
Business Wire
MetLife, Inc. (NYSE: MET) today announced that Martin Lippert
will join the company as executive vice president and head of
global technology, effective Sept. 6, 2011. Lippert will report to
President and Chief Executive Officer Steven A. Kandarian and
become a member of MetLife’s executive group.
“Marty has long been acknowledged as one of the most innovative
technology thinkers in the financial services industry,” Kandarian
said. “His 30 years of experience in leading technology change will
help MetLife successfully complete its transformation from the
leading domestic life insurer to a truly global financial services
enterprise.”
Most recently, Lippert served as chief operations and technology
officer for Citigroup, where he drove change across Citi’s newly
centralized Global Technology and Operations Division. Among his
accomplishments at Citi was repositioning the division to more
effectively transfer strengths from one geography to another. This
helped drive efficiency and lift product capability during one of
the industry’s most challenging times.
Prior to joining Citigroup, Lippert spent 11 years as vice
chairman and group head of global technology and operations for the
Royal Bank of Canada (RBC), where he transformed the underlying
technology base of the company in terms of both infrastructure and
customer-data management. In surveys by Forrester Research and
Gartner Inc., RBC was recognized as “best in class” in technology
globally among financial institutions during Lippert’s tenure.
Lippert began his career in the information technology
department of Mellon Bank, where he spent 16 years in progressively
responsible positions, culminating in his being named executive
vice president for information management & research in 1993.
He earned a bachelor of science degree from the University of
Pittsburgh in 1981.
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.
This press release may contain or incorporate by reference
information that includes or is based upon forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements give expectations or
forecasts of future events. These statements can be identified by
the fact that they do not relate strictly to historical or current
facts. They use words such as “anticipate,” “estimate,” “expect,”
“project,” “intend,” “plan,” “believe” and other words and terms of
similar meaning in connection with a discussion of future operating
or financial performance. In particular, these include statements
relating to future actions, prospective services or products,
future performance or results of current and anticipated services
or products, sales efforts, expenses, the outcome of contingencies
such as legal proceedings, trends in operations and financial
results.
Any or all forward-looking statements may turn out to be wrong.
They can be affected by inaccurate assumptions or by known or
unknown risks and uncertainties. Many such factors will be
important in determining the actual future results of MetLife,
Inc., its subsidiaries and affiliates. These statements are based
on current expectations and the current economic environment. They
involve a number of risks and uncertainties that are difficult to
predict. These statements are not guarantees of future performance.
Actual results could differ materially from those expressed or
implied in the forward-looking statements. Risks, uncertainties,
and other factors that might cause such differences include the
risks, uncertainties and other factors identified in MetLife,
Inc.’s most recent Annual Report on Form 10-K (the “Annual Report”)
filed with the U.S. Securities and Exchange Commission (the “SEC”)
and Quarterly Reports on Form 10-Q filed by MetLife, Inc. with the
SEC after the date of the Annual Report under the captions “Note
Regarding Forward-Looking Statements” and “Risk Factors”, MetLife,
Inc.’s Current Report on Form 8-K dated March 1, 2011 and other
filings MetLife, Inc. makes with the SEC. MetLife, Inc. does not
undertake any obligation to publicly correct or update any
forward-looking statement if we later become aware that such
statement is not likely to be achieved. Please consult any further
disclosures MetLife, Inc. makes on related subjects in reports to
the SEC.
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