Business
MetLife Investment Management Announces Driscoll Retirement; Funk Named Interim President
WHIPPANY, N.J., May 02, 2025--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that after a distinguished career spanning decades in the asset management industry, including eight years at MIM, Jude Driscoll will be retiring from the company, effective May 2. Brian Funk has been appointed as MIM’s interim president.
About this update from Metlife, Inc.
[{"type":"text","content":"WHIPPANY, N.J., May 02, 2025--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that after a distinguished career spanning decades in the asset management industry, including eight years at MIM, Jude Driscoll will be retiring from the company, effective May 2. Brian Funk has been appointed as MIM’s interim president.","length":412,"tagName":"p"},{"type":"text","content":"Throughout his tenure, Driscoll played a critical role in advancing MIM’s strategic priorities, building relationships and driving strong results for clients. "On behalf of the entire MIM team, I want to thank Jude for his leadership and contributions and wish him all the best in retirement," said John McCallion, chief financial officer and head of MIM.","length":365,"tagName":"p"},{"type":"text","content":"Funk brings deep industry expertise and proven leadership to the interim president role, where he will work with McCallion and MIM’s leadership team to advance MIM’s New Frontier strategy, a five-year strategy that includes accelerating MIM’s growth.","length":250,"tagName":"p"},{"type":"text","content":"Funk joined MIM in 2017 following its acquisition of Logan Circle Partners, where he was Head of Credit Research. He held a similar role at MIM, covering corporate, municipal and sovereign credit, as well as sustainable fixed income strategies and special situations. In April 2024, he was named global head of Private Capital. He will continue to lead MIM’s Private Capital business while serving as interim president.","length":419,"tagName":"p"},{"type":"text","content":""Brian is an outstanding leader, performance driven and client focused. His insights were instrumental in developing the New Frontier strategy for MIM, which positions him well to drive its execution, including the integration of PineBridge Investments," McCallion said.","length":280,"tagName":"p"},{"type":"text","content":"About MetLife Investment ManagementMetLife Investment Management, the institutional asset management business of MetLife, Inc. (NYSE: MET), is a global public fixed income, private capital and real estate investment manager providing tailored investment solutions to institutional investors worldwide. MetLife Investment Management provides public and private pens...