Paul M. Wetzel, is a member of the Board of Directors of Brighthouse Financial, Inc. (NASDAQ: BHF). Mr. Wetzel joined the board of BHF, a new company established by MetLife, at its inception on August 4th, 2017, following its spin-off from MetLife, Inc. As a board member, he serves on the Finance and Risk, Compensation, and Nominating and Corporate Governance Committees.
After more than 30 years in investment banking, Mr. Wetzel retired from Deutsche Bank in October 2016. He joined Deutsche Bank in 2009 as a Managing Director and Head of Financial Institutions Mergers and Acquisitions in the Americas, and was additionally named Vice Chairman of Financial Institutions in 2010. He later served as Head of Investment Banking in Japan from 2011 to 2013 and as Chairman of the Global Financial Institutions Group, based in New York, from 2013 until his retirement in 2016.
Prior to joining Deutsche Bank, Mr. Wetzel was a Senior Vice President and Head of Global Strategy and Business Development for Merrill Lynch & Co. Mr. Wetzel joined Merrill Lynch in its Financial Institutions Group (FIG) in 1992. From 2005 through 2008 he was based in Japan as Head of Merrill Lynch’s Asia Pacific FIG investment banking practice. In that role, he managed Merrill Lynch’s FIG businesses in Tokyo, Hong Kong, Seoul, Singapore, Sydney, and Mumbai. Prior to that assignment, Mr. Wetzel was based in New York and held the position of Head of Global Financial Institutions Mergers & Acquisitions. Before joining Merrill Lynch, Mr. Wetzel worked, beginning in 1985, in the Financial Institutions Group at the investment banking firm Salomon Brothers.
Through his more than 30 years as an investment banker covering financial institutions, Mr. Wetzel has extensive global experience advising major banking, insurance, asset management, financial technology, and specialty finance companies in mergers and acquisitions, securities offerings, and other financial transactions.
Mr. Wetzel graduated summa cum laude from the State University of New York at Buffalo in 1981 with a B.S. degree in business, and earned his M.B.A. from The University of Chicago Graduate School of Business in 1985.
Mr. Wetzel and his wife, Melissa, have four adult children and reside in New York City. They also spend time at their house in Vermont, where they enjoy skiing, biking, and kayaking.