Klein has nearly 30 years in financial services, brings significant experience to the job.

He comes to Genworth from Barclays Capital, where as managing director he led both the Insurance Solutions Group and Pension Solutions Group.

Klein also led the insurance advisory group at Lehman Brothers and held a variety of senior leadership positions in investments, actuarial, product and finance at other institutions.

Genworth CEO Michael Fraizer said Marty brings an extensive knowledge of the insurance industry, along with deep strategic and capital management expertise.

"His business acumen and 30 years of financial services experience will add strong leadership to our efforts to drive profitable growth, improve in-force performance and manage capital to enhance shareholder value," Fraizer said.