Sun Life Financial Inc. has announced the appointment of Bennet Li as Senior Vice President and Chief Financial Officer for Asia. This appointment is effective immediately, and Bennet will report to Tim Deacon, Executive Vice President and Chief Financial Officer, as well as Manjit Singh, President of Sun Life Asia.
In his new role, Bennet will be responsible for aligning financial strategies, operational processes, and capital allocation across the Asian region. His focus will be on driving strategic financial objectives to accelerate growth and deliver long-term value for shareholders.
Bennet has been serving as the interim CFO for Sun Life Asia since September 2024. His tenure at Sun Life began in 2002, and he has since held multiple leadership roles in Finance, Actuarial, and Group Benefits and Retirement Services in both Asia and Canada. Prior to this appointment, he was Vice President, Head of Strategic Finance, and Country Manager for Mainland China.
Manjit Singh expressed support for Bennet's appointment: “I’m delighted to announce Bennet’s appointment as CFO, Sun Life Asia. Bennet’s deep understanding of our Asia business, proven track record of building strong partnerships and developing talent, as well as his ability to execute on key strategic initiatives, makes him the ideal leader to help deliver on our Asia growth strategy."
Bennet will be based in Sun Life's Regional headquarters in Hong Kong and will join the Asia Executive Team. He earned a Bachelor of Science and a Master of Arts from the University of Toronto and is a Fellow of the Institute of Actuaries and the Society of Actuaries.
Sun Life is a prominent international financial services organization offering asset management, wealth, insurance, and health solutions to a diverse client base. It operates in several markets worldwide, including North America, Europe, Asia, and Australia. As of December 31, 2024, the company managed total assets valued at $1.54 trillion. Information about the company's services and operations is available on its website.
Sun Life Financial Inc. trades on multiple stock exchanges, including Toronto (TSX), New York (NYSE), and the Philippine (PSE) under the ticker symbol SLF.
Note to editors: All financial figures are in Canadian dollars.