Sun Life Financial Appoints New Chief Operations Officer for Regional IT and OperationsHong Kong, May 21, 2009 — Sun Life Financial today announces the appointment of Bruce Hodges as Chief Operations Officer, responsible for the IT and Operations functions for Asia. Mr. Hodges will report directly to Stephan Rajotte, President of Sun Life Financial Asia.
“IT and Operations functions have become crucial for success in the financial services industry, as IT pervades all aspects of our operations – from handling day-to-day activities to helping devise strategic initiatives,” said Mr. Rajotte. “This is especially the case during the current financial turmoil, when IT and Operations functions are vital for us to forecast and mitigate risks. We are delighted that Bruce will oversee these functions, as he has a strong track record plus a wealth of knowledge spanning a wide range of the financial services sector.”
“I am thrilled to have the opportunity of joining Sun Life Financial Asia,” said Mr. Hodges. “I look forward to being buoyed by the company’s dynamism to boost its competitiveness across the region.”
Mr. Hodges has over 19 years’ experience in the life insurance and financial services industry, in Canada, the United States, Japan, and Thailand. Prior to joining Sun Life, he was President & CEO of Manulife Insurance (Thailand) PCL. Through holding diverse roles during his career including product development and pricing, marketing and communications, operations, IT and human resources.
Mr. Hodges earned a MBA and an undergraduate degree in Business Administration, both from Sir Wilfrid Laurier University, Ontario in Canada.
About Sun Life Financial
Sun Life Financial is a leading international financial services organization providing a diverse range of wealth accumulation and protection 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 at March 31, 2009, the Sun Life Financial group of companies had total assets under management in excess of CDN$375 billion (approximately HK$2,305.2 billion). Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under ticker symbol “SLF”.
In Hong Kong, Sun Life Financial has a distribution network of 2,400 consultants and distributors and approximately 400,000 customers. It has received numerous awards including Superbrands 2006-09, Brand-with-a-Conscience Certificate with Merit, Consumer Choice Award 2007 and Caring Company Award for the seventh consecutive year (2002-2008).
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