Chariot Re, a newly established Bermuda-based life and annuity reinsurance company, has appointed Reena Pally as Chief Investment Officer, effective 1st September 2025.
Chariot Re launched in 2025 with co-sponsorship from MetLife and General Atlantic. The two firms revealed that Chariot Re has an initial combined equity investment of over $1 billion, of which they will own approximately 15%, with the remainder held by third-party stakeholders.
Pally brings more than two decades of experience in the financial services industry. She joins Chariot Re after 23 years at MetLife Investment Management, where she most recently served as Managing Director and Portfolio Manager in the Real Estate group, managing MetLife’s commercial mortgage portfolio within the Debt Strategies Group.
Prior to that, she held several senior roles, including Chief of Staff, Investments, and Portfolio Manager for multiple sectors within MetLife Investment Management.
Cynthia Smith, Chair & CEO of Chariot Re, commented, “I am pleased to announce the appointment of Reena Pally as our new Chief Investment Officer. Reena brings a deep understanding of the markets and a proven track record in developing and executing investment strategies. She will play an important role in enabling us to deliver value to our clients and stakeholders.”
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