KINGSTON, ON, July 4, 2022
/CNW/ - Empire Life Investments Inc. (ELII) today announced the
appointment of Paul Holba, CFA, as
Chief Investment Officer. Mr. Holba also joins the executive
leadership team of parent company The Empire Life Insurance Company
(Empire Life).
Mr. Holba joined Empire Life's retail distribution division in
2009, bringing with him more than 20 years of experience in the
Canadian investment industry through progressively senior roles
with global investment management firms and the asset management
division of a major Canadian bank. He has held senior management
roles in both Empire Life and ELII since then. For the past seven
years, he has held the position of Vice-President, Retail
Distribution, building strong relationships with and between
advisors, investment professionals and strategic partners.
"Paul has deep knowledge of the investment and insurance sectors
and has proven himself as a highly respected and engaging leader
within the company and the industry," says Mark Sylvia, President and CEO of Empire Life
and ELII. "Under Paul's leadership, the ELII investment management
team will continue its focus on performance through investing in
attractively valued, high-quality businesses with an emphasis on
downside protection for our customers and institutional
investors."
About Empire Life Investments
Inc.
Empire Life Investments Inc. is a wholly owned subsidiary
of The Empire Life Insurance Company. The company manages and
offers mutual funds and is the portfolio manager of Empire Life
segregated funds, including Empire Life Guaranteed Investment
Funds.
About Empire Life
Established in 1923 and a subsidiary of E-L Financial
Corporation Limited, Empire Life provides individual and group life
and health insurance, investment and retirement products. The
company's mission is to make it simple, fast and easy for Canadians
to get the products and services they need to build wealth,
generate income, and achieve financial security. As of March 31, 2022, Empire Life had total assets
under management of $18.6 billion.
Follow us on social media @EmpireLife or visit empire.ca for more
information.
SOURCE The Empire Life Insurance Company