Brennan Kennedy Appointed Chief Actuary to Strengthen Sun Life Financial Inc.'s Leadership
- Brennan Kennedy appointed Senior Vice-President and Chief Actuary at Sun Life Financial, effective October 4, 2025.
- Kennedy's extensive experience will enhance Sun Life's actuarial functions and align with their Client Impact Strategy.
- Sun Life remains committed to innovation, talent development, and regulatory compliance under Kennedy's leadership.
Brennan Kennedy's Appointment Enhances Sun Life's Actuarial Leadership
Sun Life Financial Inc. announces the appointment of Brennan Kennedy as Senior Vice-President and Chief Actuary, effective October 4, 2025. Kennedy, who currently serves as Senior Vice-President of Global Asset Liability Management, brings over 26 years of comprehensive experience within the company. His career at Sun Life began in 1998, during which he has held various senior roles in Actuarial, Risk Management, Finance, and Asset Liability Management. This extensive experience positions him well to lead the company's actuarial functions, where he will focus on talent development, innovative technology solutions, and compliance with regulatory standards. His leadership is expected to enhance Sun Life's strategic initiatives and align with their Client Impact Strategy, reflecting the company's commitment to delivering value to its clients.
Kennedy succeeds Kevin Morrissey, who has served as Chief Actuary since 2016 and will retire on October 3, 2025, after a distinguished 37-year career at Sun Life. Under Morrissey's tenure, the company has navigated various economic challenges, demonstrating resilience and adaptability. His departure marks the end of an era, but Tom Murphy, Executive Vice-President and Chief Risk Officer, expresses confidence in Kennedy's capacity to build upon Morrissey’s legacy. With a focus on fostering a culture of innovation and excellence within the actuarial team, Kennedy's appointment is strategically significant as Sun Life seeks to further enhance its competitive edge in the financial services sector.
As a leading international financial services organization, Sun Life provides a diverse range of asset management, wealth, insurance, and health solutions across multiple global markets. As of March 31, 2025, the company reports total assets under management of $1.55 trillion, underscoring its robust market position. The transition of leadership within the actuarial department is a critical step as the company continues to evolve and respond to the dynamic landscape of financial services. Sun Life remains committed to its mission of delivering innovative solutions that meet the needs of its clients while maintaining a strong focus on regulatory compliance and operational excellence.
In addition to Kennedy's appointment, Sun Life continues to invest in technology and talent development, critical components of its strategic roadmap. The company aims to leverage these investments to enhance client experience and operational efficiency, ensuring that it remains at the forefront of the financial services industry. With a solid foundation and a forward-looking leadership team, Sun Life is poised for continued growth and success in an increasingly competitive market.