Fabrice
Morin to become President and COO, Canada, Canada Life
- Jeff Macoun to retire in 2024
- Fabrice Morin to become
President and COO, Canada, Canada
Life, effective February 16,
2024
WINNIPEG, MB, Jan. 16,
2024 /CNW/ - Canada Life today announced the upcoming
retirement of Jeff Macoun, President and COO of its Canadian
operations, and the upcoming appointment of Fabrice Morin into the role. After an over
40-year career with the company, Jeff will transition to the role
of Senior Advisor to the President and COO. In his new role,
Fabrice will have executive responsibility for Canada Life's
Canadian operations and join the executive management committee of
Great-West Lifeco Inc. Both changes will be effective February 16, 2024.
Jeff has been with Canada Life for over 40 years, including the
last six as President and Chief Operating Officer, Canada, Canada Life. In that role, Jeff led
the company to the historic milestone of coming together as one
Canada Life brand and steered through the unprecedented challenges
of COVID-19.
"On behalf of the Board of Directors and our entire
organization, I want to thank Jeff for his vision, passion and
leadership," said Paul Mahon,
President and Chief Executive Officer, Great-West Lifeco and Canada
Life. "During a long and distinguished career Jeff has made
significant contributions across our Canadian business. I am
particularly grateful for his impact as President, Canadian
operations."
Fabrice is currently Executive Vice-President, Individual Wealth
and Insurance Solutions. Fabrice joined Canada Life in 2019 from
Power Corporation of Canada. Since
joining Canada Life, Fabrice has led a series of portfolios
including Finance, Strategy, Marketing, Real Estate, Individual
Insurance and Wealth Solutions.
"With more than 20 years of global leadership experience in the
financial services industry, Fabrice is positioned to help us drive
growth and unlock value for our customers and broader
stakeholders," said Mahon. "I look forward to working closely with
Fabrice. His exceptional vision, strategic acumen and focus on
innovation will serve us well."
About The Canada Life Assurance
Company
Canada Life is a leading insurance, wealth management and
benefits provider focused on improving the financial, physical, and
mental well-being of Canadians. For over 175 years, individuals,
families and business owners across Canada have trusted us to provide sound
guidance and deliver on the promises we've made. We proudly serve
more than 12 million customer relationships from coast to coast to
coast.
Canada Life is a subsidiary of Great-West Lifeco Inc. and a
member of the Power Corporation of Canada group of companies.
About Great-West Lifeco
Inc.
Great-West Lifeco is an international financial service holding
company with interests in life insurance, health insurance,
retirement and investment services, asset management and
reinsurance businesses. We operate in Canada, the United
States and Europe under the
brands Canada Life, Empower, and Irish
Life. At the end of 2022, our companies had approximately
31,000 employees, 234,500 advisor relationships, and thousands of
distribution partners – all serving over 38 million customer
relationships across these regions.
Great-West Lifeco trades on the Toronto (TSX) Stock Exchange under the ticker
symbol GWO and is a member of the Power Corporation group of
companies.
SOURCE Great-West Lifeco Inc.