Sun Life Financial Inc. announced that it intends to acquire a majority stake in Advisors Asset Management, Inc. (AAM), a leading independent U.S. retail distribution firm, through SLC Management, Sun Life’s institutional fixed income and alternatives asset manager. AAM will become the U.S. retail distribution arm of SLC Management. AAM provides a range of solutions…
Kevin Strain, President and Chief Executive Officer of Sun Life Financial Inc. has announced Ingrid Johnson will become the new President of Sun Life Asia effective October 26, 2021. Ms. Johnson will be responsible for one of Sun Life’s strategic pillars encompassing life, health and wealth management businesses in eight Asian markets – China, Hong…
Sun Life Financial Inc. has announced the appointments of Helen Mallovy Hicks and Marie-Lucie Morin to the Board of Directors. Ms. Mallovy Hicks is a business executive with over 30 years of global business management and advisory experience. As a former partner with PricewaterhouseCoopers LLP, she most recently served as PwC’s Global Valuations Leader and…
Sun Life Financial Inc., through its U.S. business, has entered into a definitive agreement to acquire DentaQuest, for US$2.475 billion. Headquartered in Boston and founded in 2001, DentaQuest is a provider of Medicaid dental benefits in the U.S. with Medicare Advantage, commercial and U.S. Affordable Care Act (ACA) exchange businesses. Upon close of the transaction,…
Financial services company based in Hong Kong Sun Life has promoted Helen P as Chief Human Resources Officer. “22 years ago, I landed in Canada with 4 suitcases. In a month I will be moving to Hong Kong with a few more. I am thrilled to share that I was appointed as Chief Human Resources…
Sun Life Financial Inc. has announced the completion of its acquisition of Pinnacle Care International, Inc., U.S. health-care navigation and medical intelligence provider. Based in Maryland, PinnacleCare has more than 170 employees. PinnacleCare will become part of Sun Life’s U.S. Stop-Loss & Health business, an independent stop-loss provider in the country. According to a statement,…
Sun Life, an international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients, announced the appointment of Manjit Singh as Executive Vice-President and Chief Financial Officer, reporting to Kevin Strain, President and incoming CEO, Sun Life, effective March 29, 2021. With more than 25 years of finance, strategy, risk…