NU Online News Service, March 11, 2005, 3:45 p.m. EST
A large New York insurer has given an investment executive a managerial role.[@@]
The company, MetLife Inc., has named Leland Launer Jr. president of the company’s institutional business, which generates more than $11 billion in annual premium revenue by selling products such as life insurance, dental overage and long term care insurance to commercial group customers.
Launer previously was the company’s chief investment officer. He managed a $240 billion investment portfolio.
Launer has a bachelor’s degree in chemistry from the University of Redlands and a master’s degree in accounting from the University of Southern California.