MetLife Names New Leaders for Asia
August 22 2018 - 7:41PM
Business Wire
MetLife, Inc. (NYSE:MET) today announced that Kishore Ponnavolu
has been named President of the company’s Asia region effective
Sept. 1, 2018. He will become a member of the company’s Executive
Group, report to Chairman, President and CEO Steven A. Kandarian,
and be based in Hong Kong.
In addition, MetLife announced that Rebecca Tadikonda has been
named Head of Strategic Growth Markets, Asia, also effective Sept.
1, 2018. She will report to Ponnavolu and be based in
Singapore.
Ponnavolu will directly oversee Japan, Korea, Australia and
LumenLab, MetLife Asia’s innovation hub. The markets for which
Tadikonda will have responsibility are Bangladesh, China, Hong
Kong, India, Malaysia, Nepal and Vietnam.
Ponnavolu is currently head of MetLife’s Auto & Home
business in the United States, and Tadikonda is MetLife’s Chief
Strategy Officer.
“Kishore has a proven track record of transformational
leadership that engages customers, motivates employees, and drives
profitable growth,” Kandarian said. “These highly transferable
skills make him the right leader for our large and growing Asia
business, and I have every confidence that he will take it to even
higher levels of success.”
Kandarian added, “Rebecca is a world-class strategist who has
helped MetLife chart a course toward greater customer centricity,
efficient capital allocation, and a more attractive portfolio of
businesses. With her background advising a range of companies in
markets across the globe, including Asia, she was the natural
choice to accelerate value creation in the region.”
Prior to serving as head of Auto & Home, Ponnavolu was
MetLife’s Chief Strategy Officer from 2011-2013. Before joining
MetLife, he held senior positions with American Express, GE Money,
McKinsey and Company, and A.T. Kearney Inc. Ponnavolu earned his
doctorate in business administration from Drexel University in
Philadelphia, Pa., and his master’s and bachelor’s degrees from
Osmania University in Hyderabad, India.
Tadikonda joined MetLife as Chief Strategy Officer in 2014.
Previously, she was a Partner at Bain & Company and has also
held roles in marketing at DHL Worldwide Express and VeriSign.
Tadikonda earned her master’s degree in business administration
from Stanford University and her bachelor’s degree in economics
from Dartmouth University.
In addition to her new duties, Tadikonda will remain as Chief
Strategy Officer until a replacement is named.
Within Auto & Home, Senior Vice President of Product
Management Mick Noland and Vice President of Claims Darla Finchum
will serve as Interim Co-Heads of the business while MetLife
conducts a search for Ponnavolu’s replacement.
About MetLife
MetLife, Inc. (NYSE:MET), through its subsidiaries and
affiliates ("MetLife"), is one of the world's leading financial
services companies, providing insurance, annuities, employee
benefits and asset management to help its individual and
institutional customers navigate their changing world. Founded in
1868, MetLife has operations in more than 40 countries and holds
leading market positions in the United States, Japan, Latin
America, Asia, Europe and the Middle East. For more information,
visit www.metlife.com.
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MetLife, Inc.Media:Randy Clerihue (Global), +1
212-578-5061orYvette Marmur (Asia), +852
5716-8533ymarmur@metlife.comorFor Investors:John Hall, +1
212-578-7888
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