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Committee membership: Human Resources and Management Compensation; Risk Review
Bob Astley, 61, a Corporate Director, is the former President and Chief Executive Officer of Clarica Life Insurance Company, a TSX-listed life and health insurance company headquartered in Waterloo, and former President of Sun Life Financial Canada, comprising the Canadian life and health insurance and wealth management operations of Sun Life Financial Inc. In 1999, as President and Chief Executive Officer of Mutual Life of Canada, he led the organization and its stakeholders through demutualization, initial public offering and corporate name change to Clarica Life Insurance Company. With the combining of the operations of Clarica and Sun Life Financial Services of Canada Inc. in 2002, Mr. Astley was appointed President of Sun Life Financial Canada, a position he held until his retirement in September 2004. During the period from 2001 to 2005, Mr. Astley served as a director of the following publicly traded companies: Clarica Life Insurance Company, Sun Life Financial Inc. and CI Fund Management Inc. Mr. Astley is Chairman of the Kitchener-Waterloo Symphony, a member of the Dean’s Advisory Council of the School of Business and Economics at Wilfrid Laurier University, and a member of the faculty of The Directors College. He graduated from the University of Manitoba with an Honours degree in Science and is a Fellow of the Canadian Institute of Actuaries.
Mr. Astley is a member of the Bank's Human Resources and Managment Compensation Committee and the Risk Review Committee, and is a director of The Pension Fund Society of Bank of Montreal. | 