Sun Life has appointed Léo Grépin as the new president of Sun Life Asia. He will succeed Claude Accum, who will retire at the end of the year.
In a statement, the Canada-headquartered insurer said that the president of Sun Life Asia is responsible for its fastest growing business region, overseeing its life, health and wealth management businesses in seven Asian markets – Philippines, Hong Kong, China, Indonesia, Vietnam, Malaysia, and India – as well as the international high net worth business.
Grépin was appointed president for the ASEAN region in April, in charge of the insurer’s businesses in the Philippines, Indonesia, Vietnam and Malaysia, and regional distribution and marketing. He was previously senior vice president, individual insurance and wealth, for Sun Life Canada. He brings over 20 years’ experience to his new role, including 15 years as senior partner at McKinsey & Company. He holds a bachelor of mechanical engineering from McGill University and a master of science in aeronautics and astronautics from the Massachusetts Institute of Technology.
"Léo has been a driving force in the modernization of our retail business in Canada,” said Dean Connor, president and CEO of Sun Life Financial. “I am confident he has the experience, deep understanding and client-focus to lead and build our business in these dynamic Asian markets.”
“Over the course of his 36-year career at Sun Life, Claude has made lasting contributions to Sun Life's growth and success,” Connor said regarding Accum’s retirement. "Under Claude's leadership, Sun Life Asia has gained market share and enhanced the client experience. On behalf of the executive team and board of directors, i thank Claude for everything he's accomplished over his career at Sun Life, and wish him all the best in his retirement.”
