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
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.