Canada Life has appointed Andy Parsons and Jake Lawrence to its board as non-executive directors.
Parsons and Lawrence bring significant industry expertise and will support Canada Life’s long-term strategic plans to transform and modernise its UK business.
Parsons has held senior positions such as finance director within businesses including Just Group, LV=, Scottish Widows, Friends Life and AXA UK.
Lawrence joins the board as a non-executive director in his role as executive vice-president and chief financial officer of Power Corporation and Power Financial.
He has previously held various senior positions in finance, group treasury and global banking and markets in both Canada and the United States during his two decades working at Scotiabank.
Both appointments were effective from 20 November. Lawrence’s appointment is subject to regulatory approval.
They join Keith Abercromby, Marcia Campbell, Sylvia Cronin, David Harney, Paul Mahon, Susan McArthur, Lindsey Rix-Broom, Siim Vanaselja and Andy Watson as Canada Life Limited board directors.
Canada Life is part of a group of companies controlled by Great-West Lifeco Inc.
The international financial services holding company is headquartered in Canada, with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses.
Chair of Canada Life Limited Board, Andy Watson, said: “I am delighted to welcome two new members to Canada Life Limited’s Board, both of whom bring significant business and industry experience.
“Their appointments further strengthen Canada Life’s highly experienced and international group of directors as we continue to execute Canada Life UK’s long-term strategy to grow, transform and modernise the business.”
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