HONG KONG--(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.
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.