Reinsurance News

Great-West Lifeco announces key leadership changes

18th February 2020 - Author: Charlie Wood

Insurance-centered financial holding company Great-West Lifeco has made a series of leadership changes, including the appointment of Arshil Jamal to the newly-created role of President and Group Head, Strategy, Investments, Reinsurance and Corporate Development.

Great-West LifecoJamal, who currently serves as President and COO, Europe & Reinsurance, will be focused on identifying and driving value creation initiatives across Great-West Lifeco.

Raman Srivastava, EVP and Global Chief Investment Officer and Jeff Poulin, EVP and CEO of Canada Life Reinsurance will report to Jamal in this new role.

Jamal will continue to report to Paul Mahon, President and CEO, Great-West Lifeco.

“Arshil has built a strong foundation for the next phase of our growth in Europe,” said Mahon.

“With this appointment, we will leverage his growth mindset more broadly across Lifeco. He will play a critical role in driving and executing our strategic plans, with a focus on creating substantial value for shareholders.”

As a result of this appointment, David Harney, currently CEO of Irish Life Group, has been named President and COO, Europe, and Declan Bolger, currently CEO of Canada Life Europe, has been named CEO, Irish Life Group.

“Both David and Declan have guided their respective organizations to achieve strong results,” Mahon added.

“I’m confident their excellent leadership track records, combined with their vision and dedication, positions each to deliver equally strong results in their new roles.”

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