John C. R. Hele will join MetLife Inc., New York, N.Y., as executive vice president and chief financial officer, effective Sept. 4. Hele will report to Steven A. Kandarian, chairman, president and CEO.
Hele most recently served as executive vice president, chief financial officer and treasurer of Arch Capital Group Ltd., a public limited liability company that writes insurance and reinsurance globally through operations in Bermuda, the United States, Europe and Canada.
Prior to joining Arch Capital in 2009, Hele was chief financial officer and a member of the executive board of ING Group N.V. As CFO, Hele was based in Amsterdam and had responsibility for a large global financial function in over 60 countries. He was also responsible for financial controls and reporting as well as capital management and tax reporting. During his six-year tenure at ING, Hele was also deputy chief financial officer, general manager and chief insurance risk officer, responsible for global insurance risk management. Hele also served as group actuary.
Hele served as chief executive officer of Worldinsure, Bermuda, a technology company that automated life insurance underwriting, from 1999 to 2003. Prior to that, he spent 11 years with Merrill Lynch in investment banking, marketing and finance positions. In addition, Hele held various actuarial, finance and business roles at Crown Life in Toronto.
Hele has been a member of the CFO Forum in Europe, the chair of the Chief Risk Officer Forum, and is a Fellow in the Society of Actuaries. He holds a bachelor’s degree in mathematics from the University of Waterloo, Ontario, Canada.
In other industry news:
Allianz Life Insurance Company of North America promoted Emily Reitan to senior director of Strategy and Business Development responsible for Allianz Life’s market and business development strategy, marketing planning and the company’s retirement strategy.
Previously, Reitan was director of executive projects where she managed the office of the CEO. She led key strategic projects on behalf of the CEO and coordinated deliverables for the parent company, Allianz SE, and other operating entities within Allianz globally. Prior to that, Emily was the chief financial officer for Questar Capital, a subsidiary of Allianz Life, responsible for modeling, business planning, regulatory reporting and audits. Before joining Allianz Life in 2005, Reitan was a senior financial analyst for Cardinal Health based in San Diego, Calif.
Reitan received her bachelor’s degree in economics and political science from the University of Puget Sound in Tacoma, Wash. She also earned a master’s degree in international economic policy from American University in Washington, D.C. Reitan is a Financial and Operations Principal and holds FINRA Series 7, 24, and 27 registrations.
National Life Group, Montpelier, Vt., appointed John Blumberg as general agent for a new agency in Westchester County, N.Y. Blumberg previously represented Mass Mutual and Northwestern Mutual Insurance Companies. He is a graduate of the University of Pennsylvania and holds FINRA registrations 7, 24, 51, 63 and 66.
James Ortenzio has been appointed general manager of National Life’s New Jersey region. Ortenzio previously worked with MetLife as a managing director. While there, his agency led MetLife in virtually all productivity measures in the last three years. He was also one of only two MetLife managers to qualify for the company’s Management Hall of Fame twice.