TORONTO, Sept. 29, 2016 /CNW/ - Sun Life Financial Inc.
(TSX: SLF) (NYSE: SLF) is pleased to announce the appointment of
Kevin Morrissey as Senior
Vice-President and Chief Actuary.
As Sun Life Financial's Chief Actuary, Kevin has responsibility
for the corporate oversight of actuarial practices enterprise-wide
and provides leadership, direction and vision for the company's
actuarial community globally.
"Kevin has deep experience across business and corporate
functions, most recently creating and leading our global Asset
Liability Management practice," said Claude Accum, Executive
Vice-President & Chief Risk Officer, Sun Life Financial. "He
has a strong track record leading teams, establishing best
practices and creating value in our business that he will extend to
his new role as Chief Actuary."
Kevin joined the company in 1988 and gained experience across
valuation, pricing and finance roles in Canada. He was appointed Vice-President, Asset
Liability Management in 2005, initially for Canada and then for North America. He was promoted to Senior
Vice-President in 2013 and served as the company's first global
leader of Asset Liability Management.
Kevin has been a Fellow of the Society of Actuaries and Canadian
Institute of Actuaries since 1995.
Kevin succeeds Larry Madge who
was Chief Actuary since 2013. Larry has been appointed Chief
Executive Officer, PVI Sun Life in Vietnam. He will be responsible for the growth
and development of PVI Sun Life, which was established in 2013 and
is currently the sixth largest life insurance provider and an
industry pioneer in pensions in the country.
About Sun Life Financial
Sun Life Financial is a leading international financial services
organization providing a diverse range of protection and wealth
products and services to individuals and corporate customers. Sun
Life Financial has operations in a number of markets worldwide,
including Canada, the United States, the United Kingdom, Ireland, Hong
Kong, the Philippines,
Japan, Indonesia, India, China,
Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30,
2016, the Sun Life Financial group of companies had total
assets under management of $865
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 except as
otherwise noted.
SOURCE Sun Life Financial Inc.