MetLife Named Among 'Top 50 Organizations for Multicultural Business Opportunities'

Mar 19, 2015 10:55 AM ET

NEW YORK, March 19, 2015 /3BL Media/ – MetLife, Inc. (NYSE: MET) announced yesterday that it has been selected as one of "America's Top 50 Organizations for Multicultural Business Opportunities" by DiversityBusiness.com. MetLife is being acknowledged for a second year in a row for its commitment to doing business with a diverse group of suppliers.

The Div50 list features the Top 50 Corporations that have emerged as leaders in providing business opportunities to women - and minority-owned businesses. This recognition is based on factors such as the volume, consistency and quality of business opportunities a company grants to multicultural suppliers, as measured by an annual survey of women and minority-owned businesses conducted by DiversityBusiness.com.

"We first set up a supplier diversity program at MetLife 10 years ago to provide opportunities to diverse suppliers," said Arnold Sowa, senior vice president and chief procurement officer at MetLife. "This is now an important part of how we do business, and we are very honored to be recognized for our work expanding opportunities for diverse suppliers."

Kenton Clarke, president and CEO of DiversityBusiness.com said, "Organizations that consistently buy the most products and services from diverse businesses, and that sustain the most mutually beneficial business relationships with their multicultural suppliers, should be recognized not only by the business community but also by the general public."

About MetLife 
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com

About DiversityBusiness.com 
Launched in 1999, DiversityBusiness is the largest organization of privately owned businesses throughout the United States that provide goods and services to Fortune 1000 companies, government agencies, and colleges and universities. DiversityBusiness provides research and data collection services for diversity including the "Top 50 Organizations for Multicultural Business Opportunities", "Top 500 Diversity Owned Companies in America", and others. Its research has been recognized and published by Forbes Magazine, Business Week and thousands of other print and internet publications. The site’s e-magazine reaches over 3,000,000 readers, an e-newsletter reaches 2.4 million and website visitors of 1.2 million a month. It is a leading provider of diversity management tools. DiversityBusiness.com is produced by Computer Consulting Associates International Inc. (CCAii.com).

Contact:

Jonathan Richter212) 578-5370jrichter@metlife.com