This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sun Life Financial Announces Appointment Of Chief Actuary

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.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs