Canadian health and life insurer The Empire Life Insurance Company has appointed Edward Gibson as senior vice-president, capital management and chief actuary.
Gibson (pictured left) has been serving as both chief financial officer (CFO) and chief actuary since 2018.
He is succeeded as CFO by Rebecca Rycroft (pictured right) who joined the company earlier this year.
Mark Sylvia, president and chief executive officer of Empire Life, said: “Capital management is an increasingly vital part of our business. This appointment recognises Edward’s exceptional leadership and knowledge in the actuarial, capital preservation and capital growth portfolios.
“We brought Rebecca to Empire Life with a plan for her to become chief financial officer after a short transition period. Since then, she has demonstrated strong leadership and the depth of knowledge and experience needed to address today’s complex financial reporting and planning challenges.”