Canada Life has appointed Mark Fenlon as operations director for bulk purchase annuities (BPA), effective immediately.
Fenlon joins Canada Life’s BPA senior leadership team, reporting to Dominic Moret, managing director, BPA.
In this role, he will drive forward Canada Life’s BPA operations strategy, delivering services and propositions that underpin the business’s commitment to operational excellence during the buy-in to buyout journey and the experience provided to members throughout and beyond the transfer process.
He joins from Standard Life, where he was director of client services, annuities. He has also held senior operational and actuarial roles at Aviva and Legal & General.
Moret 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.”
