U.S.-based insurance major Metlife on Monday announced the appointment of Tarun Chugh as the Managing Director of its Indian joint venture partner, PNB Metlife. Mr. Chugh, formerly with ICICI Prudential Life Insurance, will start with Metlife as soon as he has fulfilled his obligations towards his current employer and his appointment is subject to regulatory approval, the company aid in a statement. In addition, Metlife announced that Rajesh Relan will be appointed as the head of bank distribution for Asia region. — PTI