Sun Life Financial Inc. has announced the appointment of Brennan Kennedy as Senior Vice-President and Chief Actuary, effective October 4, 2025. Currently serving as Sun Life's Senior Vice-President of Global Asset Liability Management, Kennedy will transition into his new role with a focus on leadership and innovation in actuarial functions.
Kennedy's responsibilities will include overseeing talent development and implementing technology solutions to support Sun Life's strategic goals. He will collaborate with business groups to ensure compliance with regulatory standards in valuation, reporting, product development, and pricing activities.
With over 26 years at Sun Life, Kennedy has held senior roles in Actuarial, Risk Management, Finance, and Asset Liability Management since joining the company in 1998. He holds a Bachelor of Mathematics from the University of Waterloo and is a Fellow of both the Canadian Institute of Actuaries and the Society of Actuaries.
Tom Murphy, Executive Vice-President and Chief Risk Officer at Sun Life stated: "I'm thrilled to have Brennan step into this critical role. I'm confident his leadership will continue to drive success for Sun Life."
Kennedy succeeds Kevin Morrissey who will retire on October 3, 2025. Morrissey has been with Sun Life since its acquisition of Clarica in 2002 and has served as Senior Vice-President and Chief Actuary since 2016.
Murphy expressed gratitude for Morrissey's contributions: "On behalf of our Board of Directors and our Global Leadership Team, I'd like to thank Kevin for his leadership and tremendous contributions to Sun Life."
Sun Life is an international financial services organization offering asset management, wealth management, insurance, and health solutions across various global markets. As of March 31, 2025, it managed assets totaling $1.55 trillion.
For further information about Sun Life Financial Inc., which trades under the ticker symbol SLF on multiple stock exchanges including Toronto (TSX) and New York (NYSE), visit sunlife.com.