TORONTO, May 28, 2012 /CNW/ - Sun Life Financial Inc. (TSX: SLF) (NYSE:
SLF) today announced that Brigitte Parent, currently Senior
Vice-President, Client Solutions, Sun Life Financial Canada, will
become Senior Vice-President, Individual Insurance and Investments for
Canada. Parent succeeds Kevin Strain who has been appointed President
of Sun Life's Asian operations.
Parent will be responsible for the manufacturing and distribution of
insurance and wealth management products and solutions for the
Company's Individual Insurance and Investments business. This area of
the business supports Canadians with financial planning, estate
planning and retirement planning. The retirement market is growing in
Canada. Statistics Canada projects that the number of seniors will double over the next 25 years
to reach up to 10.9 million by 2036.
Brigitte Parent will move into this new role on July 1st and report to Kevin Dougherty, President, Sun Life Financial Canada.
She will continue to build upon the success that Sun Life has had in
this business with record insurance sales in Canada, a growing wealth
business and innovative retirement solutions such as the highly
successful Money for Life™ platform.
"Sun Life's Individual Insurance and Investments business will continue
to expand with a growing number of boomers retiring," said Kevin
Dougherty, President, Sun Life Financial Canada. "With over 25 years of
experience in our industry, Brigitte Parent understands concerns about
saving enough for retirement and our commitment to helping Canadians
develop a plan to take care of their financial health so they are
better prepared."
Having joined Sun Life in 1995, Brigitte Parent has extensive experience
as a senior leader for both the global and Canadian business. In her
most recent role, she was responsible for overseeing Sun Life's Client
Solutions business, providing clients with wealth and protection
solutions. Brigitte Parent also led Group Benefits in Canada, where she
was known for her focus on service excellence, innovation and building
strong relationships with customers and advisors.
"I'm excited to be leading this growing area of Sun Life's business as
we continue to support Canadians through all phases of their lives by
delivering financial planning and advice through advisors," said
Brigitte Parent, the new Senior Vice-President of Individual Insurance
and Investments, Sun Life Financial Canada. "With our aging population,
we have an opportunity to connect advisors with more Canadians to help
them achieve lifetime financial security."
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 and Bermuda. As of March 31, 2012, the Sun Life
Financial group of companies had total assets under management of $494
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.