MetLife, Inc. (NYSE: MET) today announced that it has named Toby Srihiran Brown global head of reinsurance, effective Oct. 1.

To address the expanding scope of MetLife’s reinsurance activities, Brown will develop and maintain a comprehensive reinsurance strategy for the company, overseeing the end-to-end reinsurance process, including deal origination, structuring, negotiation, execution, and ongoing monitoring and reporting. He will report to John McCallion, chief financial officer, MetLife, Inc., and head of MetLife Investment Management.

Brown, currently MetLife’s chief auditor, will be succeeded in that role by Rob Dill, MetLife’s chief financial officer for the Latin America region. Dill will have a direct and independent reporting relationship with the Audit Committee of the MetLife, Inc., Board of Directors and report to MetLife President and Chief Executive Officer Michel Khalaf on an administrative basis.

“Reinsurance is an important tool for us to use opportunistically to provide capital flexibility and to enhance the competitiveness of our pricing,” Khalaf said. “Toby has led critical functions related to risk management, control and governance across MetLife’s global business operations and will deliver insight and value in this role. Rob has excelled as CFO for Latin America and will be an outstanding leader of a critical function that helps protect and improve our company.”

Before serving as chief auditor, Brown was chief operating officer of MetLife Japan. He was appointed to that position in 2016. He joined MetLife in 2010 with the company’s acquisition of ALICO from AIG and became regional chief financial officer of MetLife Asia in 2011.

Prior to his role as CFO for Latin America, Dill was U.S. controller and has held a variety of leadership roles in the controller function in his nearly 24 years with MetLife.

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 individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit www.metlife.com.

Forward-Looking Statements

The forward-looking statements in this news release, using words such as “enhance,” “expanding,” “improve,” “maintain,” “opportunistically,” “protect,” and “will,” are based on assumptions and expectations that involve risks and uncertainties, including the “Risk Factors” MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife’s future results could differ, and it does not undertake any obligation to publicly correct or update any of these statements.

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