Sun Life has announced the appointment of Timothy Deacon as Executive Vice-President and Chief Financial Officer (CFO), reporting to Kevin Strain, President and Chief Executive Officer (CEO), Sun Life, effective from April 8 2024. Deacon will become a member of Sun Life’s global executive team
As CFO, Deacon will be responsible for Sun Life’s finance department, including investor relations, taxation, capital management and strategic financial planning.
Deacon brings over more than two decades of international expertise in capital markets, investments, wealth and asset management and insurance. He has successfully led big, international financial organisations through development, change and transformation in the field of strategic finance.
Deacon joined Sun Life after serving as the CFO of a large pension plan with a global reach. In this role, he oversaw a global finance function that included enterprise planning, asset valuation, procurement, taxation, financial operations, financial management and reporting and sustainability reporting.
He succeeds Manjit Singh, President, Sun Life Asia. Singh will continue in his role as president of Sun Life Asia and as CFO until Deacon assumes his new role.