Canada Life appoints new Board Directors during a period of “transformation and modernisation”

Canada Life has announced the appointments of Andy Parsons as an independent Non-Executive Director (NED), and Jake Lawrence as NED, effective from 20th November 2024.

Related topics:  Canada Life,  New Hire
Tabitha Lambie | Editor, Protection Reporter
4th December 2024
MNK Re New Hire
"I’m delighted to welcome two new members to Canada Life’s Board, both of whom bring significant business and industry experience."
- Andy Watson, Chair of the Canada Life Board

Alongside this appointment, Andy Parsons serves as Chair of the Audit Committee at RSA Insurance. In the past, he’s worked as Chief Financial Officer at Just Group, Finance Director at LV, Managing Director of Longstanding LP&I at Lloyds Banking Group following several promotions from Divisional Risk Officer for Insurance, and Executive Director of Finance at Friends Life, amongst others.

Meanwhile, Jake Lawrence joins the Board as a Non-Executive Director (NED) in his role as Executive Vice-President & Chief Financial Officer (CFO) of Power Corporation and Power Financial. He’s previously held roles in finance, group treasury, and group banking. His appointment is subject to regulatory approval.

“I’m delighted to welcome two new members to Canada Life’s Board, both of whom bring significant business and industry experience. Their appointment further strengthens Canada Life’s highly experienced and international group of directors as we continue to execute Canada Life UK’s long-term strategy to grow, transform, and modernize the business,” said Andy Watson, Chair of the Canada Life Board.

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