Solar Existence names Tom Murphy new Leader Possibility Officer

TORONTO, Nov. 14, 2022 /PRNewswire/ – Solar Existence is happy to announce the appointment of Tom Murphy as Govt Vice-President and Leader Possibility Officer, efficient December 1, 2022. Tom is lately President of Mounted Source of revenue and Head of Institutional Industry for SLC Control, Solar Existence’s possible choices asset supervisor.

In his new function, Tom will lead all sides of possibility control throughout Solar Existence globally, together with Monetary, Insurance coverage, Credit score, Operational and Undertaking Possibility.  He’ll even have oversight duty for our international Actuarial and Asset Legal responsibility Control (ALM) purposes.

Tom brings greater than 25 years of worldwide asset control enjoy to Solar Existence. He joined SLC Control in 2018 as Head of Associate Construction and Industry Technique. Previous to that, he used to be a Senior Spouse with Mercer for two decades the place he constructed and led the corporate’s funding control companies in Europe and likewise led Mercer’s North American Investments and Actuarial companies.

“We are excited to have Tom sign up for Solar Existence’s Govt Staff as our Leader Possibility Officer. Tom’s international intensity of information and enjoy, specifically in asset control and the pension area, can be an incredible asset to his new function,” mentioned Kevin Pressure, President and CEO of Solar Existence. “Solar Existence’s method to prudent possibility control has all the time been a pillar of our good fortune and having Tom main and taking a contemporary take a look at those efforts will serve our corporate smartly.”

A local of Dublin, Eire, Tom holds a Bachelor’s stage in Economics and Statistics from College School Dublin and has a Grasp of Industry Management from UCD Michael Smurfit Graduate College of Industry in Dublin. He’s a Fellow of the Society of Actuaries in Eire. Tom could also be a member of the Massachusetts Board and Chair of the Construction Committee for Backside Line, a non-profit group devoted to supporting low source of revenue and first-generation scholars sign up into and get via school. Tom will paintings from Solar Existence’s places of work in Wellesley, Massachusetts and Toronto, Canada.

Tom succeeds Colm Freyne, Govt Vice-President and Leader Possibility Officer, who will retire from Solar Existence on Would possibly 1, 2023, after serving two decades with the corporate. Colm will transition to the function of particular guide to the CEO on December 1, 2022. He’ll additionally give a boost to Tom in his onboarding to the Leader Possibility Officer function and supply strategic advisory give a boost to to the Govt Staff till his retirement.

Colm joined Solar Existence in 2003 and has held more than a few innovative, govt roles with the corporate. From 2009 to 2017, he served as Solar Existence’s Leader Monetary Officer after which moved into his present function as Leader Possibility Officer in 2017 the place he lately leads Possibility Control, Actuarial and ALM.

“On behalf of Solar Existence, I wish to thank Colm for his years of provider and loyalty and want him smartly in his retirement,” mentioned Pressure. “Colm has performed an important function in Solar Existence’s a hit enlargement and trajectory over the last twenty years. He additionally helped lead the group via a duration of turbulence all over the 2008 World Monetary Disaster, from which Solar Existence emerged ready of power. In my view, I’ve a great deal benefited from Colm’s recommendation and recommend on the Govt Staff management desk, and I’m happy he’s going to stay with Solar Existence in an advisory capability the place we can proceed to get pleasure from his experience.”

About Solar Existence

Solar Existence is a number one global monetary services and products group offering asset control, wealth, insurance coverage and well being answers to person and institutional Purchasers. Solar Existence has operations in quite a lot of markets international, together with Canada, america, the United Kingdom, Eire, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2022, Solar Existence had general belongings beneath control of $1.27 trillion. For more info, please seek advice from www.sunlife.com.

Solar Existence Monetary Inc. trades at the Toronto (TSX), New York (NYSE) and Philippine (PSE) inventory exchanges beneath the ticker image SLF.

Media Members of the family Touch:
Rajani Kamath
Assistant Vice-President,
Company Communications
Tel: 647-515-7514  
[email protected]

Investor Members of the family Touch:
Yaniv Bitton
Vice-President
Head of Investor Members of the family and Capital Markets
Tel: 416-979-6496
[email protected]

SOURCE Solar Existence Monetary Inc.