The firm will launch its first product in early September and, while it has not been announced, it will most likely be a guaranteed bond. Other bonds and retirement savings products adapted from its UK range will follow.
Frankland has lived in Jersey for 17 years. He comes direct from Aviva’s operations on the island, where he specialised in relationships with intermediaries and banks.
Metlife launched its UK business in 2007. It has £1.5bn assets under management.
