Canada Life appoints managing director

He was previously interim managing director of retirement

Canada Life appoints managing director

Lifetime lender Canada Life has appointed Tom Evans (pictured) to the position of managing director of retirement.

Evans was appointed interim managing director of retirement in autumn 2022, after a highly successful tenure as managing director of home finance. He has just completed nine years with Canada Life, and will continue reporting to Lindsey Rix, chief executive at Canada Life UK.

He has over two decades of experience working in financial services. Prior to working for Canada Life, he was a senior executive at Ernst & Young for seven years, a senior finance manager at The Phoenix Group, and a chief financial officer at Stonehaven.

“Since his appointment as interim MD last Autumn, Tom has played a key role in bringing together individual annuity and home finance into one retirement business,” Rix said. “His wealth of expertise and leadership, combined with a deep understanding of our markets and our industry, are a real asset in driving forward this important part of our business.

“Tom will play a vital role in our focus to continue understanding and meeting our customers’ evolving needs.”

Commenting on his appointment, Evans said he was excited to be leading Canada Life’s retirement division forward at a time of such significant opportunity for the business and its customers.

“I’m looking forward to working with my team to build on the fantastic work done so far to maximise the opportunities that our individual annuity and home finance business units present,” he added. 

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