As CIO, Goulart will oversee MetLife’s over $450 billion general account portfolio and the more than 650 investment and support professionals in MetLife’s investments organization around the world.
“Steve’s experience both inside and outside of MetLife make him well suited to lead our investments department,” Kandarian says. “I’m confident that under his leadership, the investments department will continue to provide value for our shareholders through solid returns and security for our policyholders through a strong balance sheet.”
Goulart, who joined MetLife in 2006, most recently served as senior managing director and head of the portfolio management unit of MetLife’s investments department. Prior to this, he worked as head of the company’s mergers & acquisitions unit, and in July 2009, also was named treasurer. In these roles, he was responsible for the strategic management of MetLife’s financial resources, including capital management and managing the company’s relationships with banks and rating agencies, as well as mergers and acquisitions. In both of these key finance positions, Goulart was integral to MetLife’s successful $16.4 billion acquisition of Alico in 2010, the company says.
Prior to joining MetLife, Goulart was a senior managing director in the financial institutions group and co-head of the insurance practice at Bear Sterns. Before joining Bear Stearns, he served as a managing director in the global insurance group of Morgan Stanley and in the financial institutions group at Merrill Lynch.
