MetLife Names Arch’s Hele CFO

CEO Kandarian reshapes management and seeks to reduce risk at life insurer.

MetLife Inc., the largest U.S. life insurer, named John Hele to oversee finances as Chief Executive Officer Steven Kandarian reshapes management and seeks to reduce risk tied to stock market declines and low interest rates.

Hele is stepping down as chief financial officer of Arch Capital Group Ltd. to take the same post at the life insurer. He starts the new role on Sept. 4, New York-based MetLife said today in a statement.

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