Seasoned insurance executive joins Standard Life - Claude Leblanc appointed Senior Vice President, Group Savings and Retirement



    MONTREAL, Oct. 6 /CNW Telbec/ - The Standard Life Assurance Company of
Canada today announced that Claude Leblanc will join the company on
October 15, as Senior Vice-President, leading the Group Savings and Retirement
business. He will be working actively with the division's sales, member
services and marketing teams to ensure that the Company continues to achieve
profitable and sustainable growth.
    "As leaders in the group savings and retirement marketplace, and indeed
in the entire group solutions market, we will continue to grow through
strengthened relationships and by offering innovative solutions," said Joseph
Iannicelli, President and Chief Executive Officer. "Based on some 30 years of
solid experience in insurance and financial services, Claude is best suited to
carry out this mandate."
    Claude Leblanc is well known in the industry as a passionate leader with
a vast knowledge of the business and an impressive track record with leading
organizations in Canada. He has demonstrated his leadership in such areas as
e-commerce, market development, compensation and talent development, and has
repositioned companies to achieve profitable growth.
    Mr. Leblanc graduated from HEC Montréal with a Bachelor's degree in
Business Administration and later completed sessions at Harvard University's
High Potentials Leadership Program. He sat on the board of directors of the
Quebec chapter of the Canadian Pension and Benefits Institute for a number of
years, and was its national conference chair in 2006.
    Mr. Leblanc replaces Anthony Cardone, who has been appointed Senior
Vice-President, Corporate Strategy, Communications and Public Affairs. Mr.
Cardone will head corporate strategy for the Canadian operations, leading the
development and implementation of Standard Life of Canada's strategic business
plan. He will lead the direction and business strategies that support the
evolution of Standard Life's global strategies. Mr. Cardone will also play a
pivotal role in building Standard Life's brand image and value proposition as
a leading financial services provider in the Canadian marketplace.
    "Over the last four years, Anthony has successfully led the turnaround of
our Group Savings and Retirement division, driving increased value for our
customers and strengthening our position in this very competitive market,"
added Mr. Iannicelli. "He has established an excellent foundation, which
Claude and his team will continue to build upon in the coming years."

    About Standard Life

    In 2008, Standard Life, the first life insurance company to transact
business in Canada, marks its 175th year of operations. With 10,000 employees
globally, Standard Life plc is a major international financial services group
headquartered in Scotland. It provides asset-managing services for retirement,
investment and protection to some 7 million customers globally and has
C$330 billion in assets under administration. It has offices in the
United Kingdom, Canada, Ireland, Germany, Austria, India and China, including
Hong Kong.
    The Standard Life Assurance Company of Canada is Standard Life plc's
largest operation outside the U.K., with 2,000 employees based in Montreal and
across Canada, serving more than 1.3 million Canadians, including group
insurance and pension plan participants. (www.standardlife.ca)
    Standard Life plc has approximately 1.5 million shareholders worldwide,
including approximately 14,000 institutional and individual shareholders in
Canada. It has been trading on the London Stock Exchange since The Standard
Life Assurance Company demutualized in 2006. Standard Life plc is listed on
the FTSE 100, Europe's largest index, and on the FTSE4Good Index, which
identifies companies adhering to globally recognized corporate responsibility
standards. (www.standardlife.com)




For further information:

For further information: Ann-Marie Gagné, Standard Life, (514) 499-7999,
ext. 4600, ann-marie.gagne@standardlife.ca

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