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Standard Life hires president, CEO of Canada

Standard Life, a UK based provider of long term savings and investments solutions, has appointed Charles Guay as president and CEO of Standard Life Canada.

In his role, Guay will be based at the group’s Canadian head office in Montreal.

Guay will replace Joseph Iannicelli who intends to leave Standard Life in May 2011, and will begin as CEO with effect from 1 February 2012, followed by Iannicelli’s departure on 14 February 2012.

Guay joins Standard Life from National Bank of Canada where he is currently Senior Vice President, Strategies, Marketing and Investment Solutions, Wealth Management; and President and Chief Executive Officer, National Bank Securities.

Standard Life CEO David Nish said that Canada is a very important market for Standard Life and our business is performing well.