Sun Life Hires Timothy Deacon from Ontario Pension for CFO Role

Sun Life Financial Inc. tapped Timothy Deacon, who worked for years at rival Manulife Financial Corp., as its new chief financial officer.

Deacon was most recently CFO at Ontario Teachers’ Pension Plan. Before that three-year stint, he spent almost 14 years in finance and accounting roles at Manulife. Deacon will start at Sun Life on April 8, the Toronto-based insurer said in a statement Monday.

“He brings with him an exceptional depth of experience and expertise in both asset management and insurance,” Sun Life Chief Executive Officer Kevin Strain said in the statement. “His deep industry knowledge ...