Bill
Anderson to succeed Jim
Sutcliffe following Annual Meeting
TORONTO, Feb. 15, 2017 /PRNewswire/ - Sun Life Financial
Inc. (TSX: SLF) (NYSE: SLF) announced today that James H. Sutcliffe will retire as Chairman and
from the Board of Directors following the Company's Annual Meeting
on May 10, 2017. He will be succeeded
as Chairman by William D. Anderson
who has been a Director since 2010 and currently chairs the
Company's Audit and Conduct Review Committee.
Mr. Sutcliffe joined the Board in 2009 following a distinguished
career in international financial services and became Chairman in
December 2011. "It has been an honour
to work with Dean Connor, his
leadership team, and the talented employees at Sun Life over the
past eight years. During my tenure I've watched Sun Life create
tremendous momentum for the future across its four pillar strategy,
and the Company is well positioned to deliver value for Clients and
shareholders in the years ahead," said Mr. Sutcliffe. "I've enjoyed
working alongside my Board colleagues and I'm pleased to be passing
the baton to Bill. He is highly respected by the Board as a natural
team builder who will provide strong leadership, oversight and
continuity."
Mr. Anderson is a Corporate Director and has an extensive
background in business and finance. He was an executive in the BCE
organization, including President of its BCE Ventures strategic
investment unit and Chief Financial Officer of BCE Inc. and
Bell Canada. He was previously a
partner at accounting firm KPMG. Mr. Anderson is a Fellow of the
Institute of Chartered Professional Accountants of Ontario and a Fellow of the Institute of
Corporate Directors.
"It is a privilege to be selected by the Board as incoming
Chairman and I look forward to helping contribute to the impressive
legacy Sun Life has built over more than 150 years," said Mr.
Anderson. "On behalf of the Board, I would like to extend our
advance thanks to Jim for his many contributions to Sun Life's
strategic direction and growth. He has played an instrumental role
in guiding the Board and the management team during a period of
significant progress in the Company."
About Sun Life Financial
Sun Life Financial is a leading international financial services
organization providing a diverse range of insurance, wealth and
asset management solutions to individuals and corporate Clients.
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 December 31, 2016, Sun
Life Financial had total assets under management of $903 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.
Media Relations Contact:
Gannon Loftus
Manager, Media & PR
Corporate Communications
T. 416-979-6345
gannon.loftus@sunlife.com
Investor Relations Contact:
Greg Dilworth
Vice-President
Investor Relations
T. 416-979-6230
investor.relations@sunlife.com
SOURCE Sun Life Financial Inc.