Sun Life has appointed Carl Bang as president of Sun Life Investment Management Inc.
He will be responsible for investment strategy, product, business development, client relationships and operations for Sun Life’s new third-party asset management business in Canada.
“Carl is a seasoned leader who brings deep investment knowledge and business-building expertise to our team,” says Steve Peacher, president of Sun Life Investment Management and chief investment officer (CIO) of Sun Life Financial.
Bang was most recently CIO of the Qatar Foundation Endowment (QFE), one of the largest endowment funds in the world. Prior to his role at QFE, he was chairman and CEO of State Street Global Advisors (SSgA) based in Paris. Bang has also held the roles of president, senior managing director and CIO for SSgA Canada.
Sun Life Investment Management Inc. currently offers three pooled funds focusing on private fixed income, commercial mortgages and real estate assets. The firm also provides asset management and investment advisory services to managed accounts.
“Carl will play a strategic leadership role as we grow our new business,” Peacher says. “His industry insight and strong experience will help drive our Canadian operations, offering our diverse investment solutions to institutional investors in the country.”
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