Sun Life Financial Appoints Marcia Moffat to Enhance Board Governance and Leadership

Sun Life Financial Strengthens Governance with New Board Member Appointment

On March 6, 2026, Sun Life Financial Inc. enhances its leadership team with the appointment of Marcia Moffat to its Board of Directors. Moffat brings three decades of extensive and diverse experience in the financial sector encompassing asset management, retail banking, investment banking, and legal service across Canada, the U.S., and France. Most notably, she served as the Chief Executive Officer of BlackRock Asset Management Canada Limited, where her strategic vision and leadership contributed significantly to the firm's growth in assets under management. Under her guidance, BlackRock’s Canadian operations saw transformative initiatives that boosted their market position over a decade.

Moffat's impressive background includes a 12-year tenure at the Royal Bank of Canada, where she held various senior roles, including leading investor relations during the tumultuous period of the global financial crisis. Her expertise also extends to overseeing Canadian residential mortgage sectors, showcasing her strong financial acumen. Additionally, she began her career at Shearman & Sterling, working as a corporate securities lawyer in New York and Paris. Moffat holds a comprehensive educational background, including an MBA and Juris Doctor from the University of Toronto and a Bachelor of Science in Biology from McGill University.

In her current role at Sun Life, Moffat not only adds a wealth of knowledge and experience but also reinforces the company's governance framework. Beyond her position at Sun Life, she serves as Vice-Chair of the C.D. Howe Institute and holds significant governance roles, such as Chair of the Canadian Coalition for Good Governance, demonstrating her commitment to responsible stewardship in the financial sector. Sun Life Financial, which reported total assets under management of $1.60 trillion as of December 31, 2025, is poised to leverage Moffat's strategic insights and leadership capabilities as it continues to navigate the evolving financial services landscape.

In addition to corporate governance, Sun Life Financial also emphasizes its commitment to community health through initiatives like the Fit to Win program. Recently, the program concluded its 12th year in partnership with the Boston Celtics, focusing on promoting fitness among children. The finale event, held at the East Boston YMCA, included local youth interacting with Celtics players and participating in a wellness competition. These initiatives further solidify Sun Life’s dedication to fostering healthy habits and reinforcing the importance of physical wellness in the community.