POSTED 21 March 2019
Resolution Life Group Holdings Ltd (“Resolution Life”) is delighted to announce the appointment of John C.R. Hele (pictured) as President and Chief Operating Officer.
John is responsible for all global operations at Resolution Life including finance, risk, actuarial, operations and IT, as well as the P&L of the business units.
Prior to joining Resolution Life, John was Executive Vice President and CFO at MetLife from 2012 to 2018. He has also held senior roles at Arch Capital Group Limited, ING Groep NV, Worldinsure Limited, Merrill Lynch and Crown Life.
John brings a wealth of experience from senior life insurance and banking roles and we are delighted to welcome him to Resolution Life. Resolution Life’s decision to form a global reinsurance and insurance operator was driven by a desire to release capital for our insurance partners, and the addition of John’s financial and operational expertise will strengthen the company to deliver on this purpose.Sir Clive Cowdery Chairman, Resolution Life
I am excited to be joining a team with such a strong track record of pioneering change in the life insurance industry and placing the in-force customer at the top of the priority list. Resolution Life has already completed some significant transactions and the opportunity to do more from a global platform is compelling.John Hele President and Chief Operating Officer, Resolution Life
Resolution Life recently announced its AU$3.3 billion purchase of the life business of Australian financial services firm AMP, expected to close in the second half of 2019. Resolution Re, a Bermuda licensed life reinsurer within the Resolution Life Group, completed a reinsurance deal for US$5.7 billion of annuity liabilities with Symetra in September 2018.
Resolution companies have now completed over US$24 billion of acquisitions and managed over US$300 billion of assets serving the needs of 10 million policyholders with operations in London, the US, and Bermuda.
Download as a PDF: John Hele Appointment
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