Canada Life, a large financial services and insurance company, has announced the appointment of Mark Fenlon as Operations Director for Bulk Purchase Annuities (BPA), effective immediately.
Mark joins Canada Life’s BPA Senior Leadership Team, reporting to Dominic Moret, Managing Director, BPA, who commented: “Mark’s appointment reflects the next stage of growth in our operational capabilities as we scale up to support our customers in the BPA market, with members’ interests at the heart of our decisions.
“He brings deep, proven leadership experience to the team, providing trustees with the assurance that we can help their schemes navigate complexity with confidence as they move to buyout, and that we will continue to care for their members into the future.”
In his new position, Fenlon will lead Canada Life’s BPA operations strategy, focusing on high-quality service delivery and propositions that reinforce the company’s dedication to operational excellence throughout the buy-in to buyout transaction and beyond.
Fenlon is joining Canada Life from Standard Life, where he served as Director of Client Services, Annuities. He has also previously held senior operational and actuarial positions at Aviva and Legal & General.
Fenlon stated: “Over many years working in the industry, I have seen that trust is built through strong partnerships, dependable delivery and a clear focus on what matters most to pension scheme members.
“I’m looking forward to joining the excellent team at Canada Life and supporting trustees on the path to buyout, combining operational expertise and a flexible approach to schemes’ needs as they navigate the buyout journey and beyond with clarity.”
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