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MetLife appoints new head of M&A

New York-based life insurance company MetLife has appointed Adam Hodes as senior vice president and head of mergers and acquisitions (M&A).

As senior vice president, Hodes will oversee a team of professionals that are focused on identifying strategic transactions that can have a positive impact on MetLife’s businesses and financial performance.

Hodes will report to William Wheeler, executive vice president and chief financial officer.

Most recently, Hodes was managing director in the investment banking department of Credit Suisse Securities, where he served as co-head of financial institutions M&A.

Since joining Credit Suisse in 2006, he was responsible for supporting the bank’s financial institutions group on transaction execution, idea generation and best practices, with a specific focus on insurance companies and asset management firms.

Hodes has also held leadership roles in strategic planning and M&A at WellChoice and CNA Financial Corporation.

Earlier in his career, he worked in the financial institutions groups at Donaldson, Lufkin & Jenrette Securities Corporation and Salomon Brothers.