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Sun Life Financial Appoints New EVP, Chief Investment Officer

Mr. Peacher succeeds James Anderson, who retired from the company

Sun Life Financial has appointed Stephen Peacher as executive vice-president and chief investment officer, effective October 13, 2009.

Mr. Peacher, as chief investment officer, will be responsible for Sun Life’s invested asset portfolio. He succeeds previous chief investment officer, James Anderson, who retired from the company earlier this year. He will be a member of the company’s executive team and be co-located at Sun Life’s global headquarters in Toronto and its US head office in Wellesley Hills, Massachusetts.

Most recently, Mr. Peacher served as managing director, head of fixed income and liquidity strategies at Columbia Management, responsible for investment strategy, development and performance for the firm’s large fixed income and cash portfolios.

Donald Stewart, CEO of Sun Life Financial, said: Steve has an impressive background in managing credit and bond portfolios that make him an excellent choice as our new Chief Investment Officer. He brings a disciplined and results-oriented approach which is a strong match with the strengths and discipline of our investments team.