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Visa CEO to step down from MetLife board

Alfred Kelly Jr. will not seek re-election to MetLife Inc.'s board at the June 12 annual shareholders meeting due to his other commitments.

Kelly, who is CEO of Visa Inc., has been a member of the MetLife board since June 2009.

MetLife also announced that Gerald Hassell has been elected to its board, effective Feb. 20.

Hassell most recently served as the chairman and CEO of Bank of New York Mellon Corp. He currently serves as a director on the board of Comcast Corp.