Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Sun Life Financial Inc.    SLF   CA8667961053

SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 

Sun Life Financial Inc. : Sun Life Financial announces appointment of Chief Actuary

04/04/2013 | 10:15am US/Eastern
Recommend:
0

TORONTO, April 4, 2013 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) is pleased to announce the appointment of Larry Madge as Senior Vice-President and Chief Actuary.

As Sun Life Financial's Chief Actuary, Larry has responsibility for the corporate oversight of actuarial practices enterprise-wide and provides leadership, direction and vision for our actuarial community globally. He has extensive Sun Life leadership experience in Canada and the United States spanning actuarial, finance and product lines.

"Larry has been instrumental in helping to manage and improve the risk profile of Sun Life's U.S. businesses and to plan Sun Life's U.S. strategy," said Claude Accum, Executive Vice-President & Chief Risk Officer. "This will position him well as he broadens his area of responsibility to Sun Life's businesses worldwide."

Larry joined Clarica in 1986, which became part of Sun Life in 2002, and he held actuarial as well as product development and business line roles in Sun Life's Canadian business prior to his appointment as Chief Actuary for Sun Life Financial Canada in 2005. In 2010, he became Senior Vice-President and Chief Actuary for Sun Life Financial U.S. Larry was then appointed Senior Vice-President and Chief Financial Officer for Sun Life Financial U.S. in 2011.

Larry is a Fellow of the Canadian Institute of Actuaries and the Society of Actuaries.

Keith Gubbay succeeds Larry as Senior Vice-President and Chief Financial Officer for Sun Life Financial U.S. Keith assumes responsibility for all financial reporting, capital, profitability management, planning and related functions for Sun Life's U.S. business group.

About Sun Life Financial

Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam and Bermuda. As of December 31, 2012, the Sun Life Financial group of companies had total assets under management of $533 billion. For more information please visit www.sunlife.com.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Note to Editors: All figures in Canadian dollars.

SOURCE Sun Life Financial Inc.

Recommend :
0
React to this article
Latest news on SUN LIFE FINANCIAL INC.
39m ago TSX nears six-year high as energy shares extend rally
2d ago SUN LIFE FINANCIAL : More than 3,500 Register for Sun Life Wake Up Summit on Apr..
04/10 SUN LIFE FINANCIAL : to Host Wake Up Summit on April 16 Featuring a Public Debat..
04/07 TSX drops for third day as jitters gain the upper hand
04/02 SUN LIFE FINANCIAL : Experts To Examine Private Health Insurance Exchanges At Su..
03/31 SUN LIFE FINANCIAL : redeems Series 2009-1 Subordinated Unsecured 7.90% Fixed/Fl..
03/25 SUN LIFE FINANCIAL : Investment Management Inc. launching private asset class po..
03/24 SUN LIFE FINANCIAL : 2013 Annual Report and 2014 Management Information Circular..
03/24 SUN LIFE FINANCIAL : MFS Investment Management Sell-Side Analyst Meeting
03/20 TSX gains as banks, insurers seen gaining from Fed
Dynamic quotes  
ON
| OFF