Sun Life Financial Appoints Sujoy Ghosh As CEO Of High Net Worth Unit

(RTTNews) - Sun Life Financial Inc. (SLF, SLF.TO) Wednesday announced the appointment of Sujoy Ghosh as Chief Executive Officer of High Net Worth or HNW business from November 4. He will lead the global operations of the business in Hong Kong, Singapore and Bermuda.

The new HNW unit head will report to Manjit Singh, President, Sun Life Asia, and be based in Singapore.

Ghosh, with over 27 years of total experience in insurance and banking, most recently served as the Head of Global Insurance & Asia Head Business Development at Citi Wealth.

Prior to Citi, he had held Regional Head of Bancassurance for Allianz in Asia Pacific, handling commercial and strategic partnerships across Life and General Insurance.

Manjit Singh, President, Sun Life Asia believes that Ghosh will accelerate growth by combining their global scale to focus mainly on the evolving needs of HNW clients.

In the after-hours trading on the NYSE, the shares were losing 2.38%, and reached $58.28. The shares had closed Tuesday's regular trading at $59.70, down 3.7%.