TORONTO, March 25,
2024 /PRNewswire/ - Sun Life Financial Inc.
(TSX: SLF) (NYSE: SLF) is pleased to announce the appointment of
Timothy (Tim) Deacon as Executive
Vice-President and Chief Financial Officer, reporting to
Kevin Strain, President and CEO, Sun
Life, effective April 8, 2024. Mr.
Deacon will become a member of Sun Life's global Executive
Team.
He succeeds Manjit Singh, who is
now President of Sun Life Asia. Mr. Singh will continue in his role
as President of Sun Life Asia and as CFO until Mr. Deacon assumes
his new role.
Mr. Deacon brings over 20 years of global experience in
Insurance, Wealth and Asset Management, Investments and Capital
Markets. He has a proven track record of success in strategic
financial leadership as well as delivering growth, change and
transformation for large global financial institutions.
Mr. Deacon joins Sun Life most recently from a large pension
plan with an extensive global footprint where he was the Chief
Financial Officer and led a global finance function including
financial management and reporting, taxation, financial operations,
enterprise planning, asset valuation, procurement and
sustainability reporting.
As CFO, Mr. Deacon will have responsibility for Sun Life's
Finance organization including Finance, Tax, Capital Management,
Investor Relations and strategic financial initiatives.
"We're excited to welcome Tim to Sun Life. He brings with him an
exceptional depth of experience and expertise in both asset
management and insurance," said Mr. Strain. "With financial
discipline as one of Sun Life's strategic priorities, I'm confident
Tim will continue advancing this focus, while accelerating our
growth aspirations and innovation in our Finance function. His deep
industry knowledge combined with his proven leadership will make
him a strong addition to our Executive Team."
As an active community leader, Mr. Deacon is a member of the
Canadian Performance Reporting Board at CPA Canada, co-Chair of the
Accounting for Sustainability CFO Network (Canadian Chapter) and
Board Member and Treasurer of Business / Arts and St. Clement's School in Toronto. Mr. Deacon is a resident of
Toronto. He holds a Bachelor of
Commerce from Queen's University and is a Fellow of the Chartered
Professional Accountants of Ontario (FCPA) and a Certified Public
Accountant in the State of
Illinois.
About Sun Life
Sun Life is a leading international financial services
organization providing asset management, wealth, insurance and
health solutions to individual and institutional Clients. Sun Life
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, 2023, Sun Life had total assets under management of
$1.40 trillion. 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.
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Media Relations
Contact:
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Investor Relations
Contact:
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Rajani Kamath
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David Garg
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Associate
Vice-President
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Senior Vice-President,
Capital
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Corporate
Communications
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Management and Investor
Relations
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T. 416-979-6070
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T.
416-408-8649
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rajani.kamath@sunlife.com
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david.garg@sunlife.com
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SOURCE Sun Life Financial Inc.
