Mr. Dean Connor reports

SUN LIFE FINANCIAL ANNOUNCES NEW PRESIDENT OF U.S. BUSINESS GROUP

Sun Life Financial Inc.'s Wes Thompson, president, SLF U.S., is retiring from the company and will be succeeded by Dr. Dan Fishbein, MD, a 25-year veteran in the employee benefits and group life insurance industries.

Dr. Fishbein will join Sun Life Financial on March 17, 2014, and become president, SLF U.S., upon Mr. Thompson's retirement from the company on April 1, 2014, ensuring a smooth transition of leadership.

"Dan has an excellent track record of delivering earnings growth across a range of businesses and a commitment to customer service. I am pleased to welcome him to Sun Life Financial and to our executive team," said Dean Connor, president and chief executive officer, Sun Life Financial.

Dr. Fishbein joins Sun Life Financial from Aetna, where he most recently served as president, specialty businesses, with United States-wide responsibility for several industry-leading group benefits and voluntary businesses, including the company's group life insurance business. He is a graduate of the School of Medicine at Boston University.

Mr. Thompson joined Sun Life Financial in 2008, and led the company's U.S. operations through the successful sale of its annuity business, and the transformation of its group benefits, life insurance and international high-net-worth businesses.

"I want to thank Wes for his outstanding service to the company and to our U.S. customers," Mr. Connor said. "Under his leadership, Sun Life has significantly reduced its risk profile in the U.S. and is well positioned for further growth in our group benefits and voluntary business, a key pillar in our enterprise strategy."