Insurer MetLife has appointed former UBS Asia-Pacific general counsel Kevin Wilkey as its new head of legal in Asia.
Wilkey succeeds Peter Cashin, who left his in-house role to join insurance firm Kennedys as a partner in Hong Kong (28 November 2012).
Prior to joining MetLife, Wilkey spent a two-year stint at UBS as the investment bank’s first Asia-Pacific general counsel (24 June 2012). He moved to Hong Kong from London in February 2011 for the newly created role in UBS after serving 22 years at Deutsche Bank. He was the German bank’s deputy general counsel for the UK and Western Europe when he left.
It is understood that Wilkey will not be directly replaced at UBS, but that his duties will be divided up among the existing team.
Wilkey’s appointment comes following several high-level changes in MetLife. In December 2012, the New York-headquartered insurer appointed Ricardo Anzaldua as its general counsel, succeeding Nicholas Latrenta, who retired after a 43-year career at MetLife. Anzaldua was previously an associate general counsel of The Hartford Financial Services Group and before that a corporate partner at Cleary Gottlieb Steen & Hamilton.
In May 2012, the company named former Chartis Australasia CEO Christopher Townsend as head of its Asia region, which consists of Japan, Korea, Australia, Hong Kong and China.
In 2011, MetLife’s Asia region generated $8.7bn in premiums, fees and other revenues and more than $850m in operating earnings.