Sun Life Financial Inc. president Jon A. Boscia will head up the carrier's Asia and United Kingdom units beginning Jan. 1.
Currently, Mr. Boscia has oversight of Sun Life Financial's U.S. and Bermuda units, reporting to Sun Life's chief executive Donald A. Stewart.
Activity at the company has been heating up in recent weeks as Sun Life has been trying to raise its presence in the U.S. and globally. In the last month, the company kicked off a branding campaign in the U.S. Meanwhile, Mr. Boscia recently told InvestmentNews that Sun Life would like to acquire an insurance company in the U.S. to give the financial services firm a stronger foothold here.
Stephan Raiotte, president of Sun Life Financial Asia, and Janet Fuller, chief executive of the company's U.K. business, will both report to Mr. Boscia.
The carrier has also expanded the roles of a slate of executives, giving them additional responsibilities.
Westley V. Thompson, president of Sun Life Financial U.S., will take all responsibility for the insurer's U.S. operations, excluding the fund group MFS Investment Management. Currently, his role covers the Sun Life U.S.'s three insurance business lines.
Dean A. Connor, president of Sun Life Financial Canada, will become chief operating officer of Sun Life Financial on Jan. 1. He will also retain oversight of Sun Life's Canadian and reinsurance businesses.
Finally, Kevin P. Dougherty will be appointed president of Sun Life Financial Canada, assuming operating responsibilities for that business unit and the reinsurance division. He will also hold on to his current role as president of Sun Life Global Investments, with responsibility for Sun Life's International Investment Centre and McLean Budden Ltd., a Canadian provider of mutual funds. Mr. Dougherty will report to Mr. Connor.
