WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that it has named Jude Driscoll its president, effective Sept. 1.
Previously serving as MIM’s global head of Fixed Income and Private Capital, Driscoll will continue to report to John McCallion, MetLife’s chief financial officer and head of MetLife Investment Management. The two will collaborate in driving MIM’s strategy and business operations.
“Jude is the ideal leader to assume the role of president and support MIM in continuing to enhance its client service and offerings, and realize its growth ambitions,” said McCallion. “Jude’s deep understanding of our clients’ needs and his leadership will help accelerate our strategy, leveraging the investment insight of our organization.”
Driscoll joined MIM in 2017 following its acquisition of Logan Circle Partners, where he was founder, chief executive officer and chief investment officer. Prior to Logan Circle, Driscoll was president and chief executive officer of Delaware Investments.
“I am honored to be named MIM president and look forward to expanding our leadership position as one of the premier fixed income, private capital and real estate investment firms in the world,” Driscoll said. “With our exceptional team, robust investment processes, and world-class platform, MIM is well-positioned for sustained success.”
About MetLife Investment Management
MetLife Investment Management, the institutional asset management business of MetLife, Inc. (NYSE: MET), is a global public fixed income, private capital and real estate investment manager providing tailored investment solutions to institutional investors worldwide. MetLife Investment Management provides public and private pension plans, insurance companies, endowments, funds and other institutional clients with a range of bespoke investment and financing solutions that seek to meet a range of long-term investment objectives and risk-adjusted returns over time. MetLife Investment Management has over 150 years of investment experience and, as of June 30, 2024, had $587.6 billion in total assets under management.1
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 “continue,” “look forward,” “seek,” “well-positioned” 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.
Endnotes
1Total assets under management is comprised of all MetLife general account and separate account assets and unaffiliated/third party assets, at estimated fair value, managed by MIM. For more information, see the total assets under management fact sheet for the quarter ended June 30, 2024 available on MetLife’s Investor Relations webpage (https://investor.metlife.com).
