Canada Life has appointed Tom Evans as managing director of retirement.
Evans, who stepped into the interim MD role in the autumn of 2022, previously had a successful tenure as the managing director of home finance. Celebrating nine years with Canada Life this month, he will continue reporting to Lindsey Rix, chief executive, UK.
During his time as interim MD, Evans played a pivotal role in consolidating the Individual Annuity and Home Finance sectors into a single Retirement business.
Speaking on the appointment, Rix said: “Tom has displayed extraordinary leadership and expertise in his time here at Canada Life.
“His understanding of our markets and our industry has been instrumental in propelling forward this vital part of our business.
“Tom will play a crucial role in our ongoing commitment to understanding and satisfying the evolving needs of our customers.”
Evans added: “It’s an exciting time to be leading the Retirement Division forward. The significant opportunities that lie ahead for our business and customers are vast.
“I look forward to working with my team to build on the great work done thus far and to maximise the opportunities that our Individual Annuity and Home Finance business units present.”