Simsbury, Conn. — The Hartford Financial Services Group Inc. appointed Marc Lieberman as president and CEO of its European insurer, Hartford Life Limited.

Lieberman, who assumes his new leadership position today, replaces Michael Kalen, who is returning to the United States as SVP of finance. Kalen will remain in Europe until Sept. 1 to help ensure a smooth transition.

As CEO of Hartford Life Limited, Lieberman will be responsible for strategic direction, general management, and profit and loss. Hartford Life Limited, which started operating in the U.K. in 2005, has its European headquarters in Ireland and offers retirement savings and income products in the U.K. Lieberman will report to Peter Smyth, EVP of The Hartford’s International Markets Group.

“Marc brings a wealth of international management expertise to his new role and I am confident that he will continue The Hartford’s momentum in the U.K.,” Smyth says. “Marc brings an international perspective to the European role that will be invaluable to The Hartford as we look to continue building our U.K. business and expanding our operations in a dynamic and growing market.”

Lieberman was formerly CEO of ING New Zealand, where he was responsible for leading New Zealand’s largest non-bank financial services company. Prior to ING, he held senior executive positions at Constellation and Wachovia.

Source: The Hartford

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