QUEBEC, Oct. 22, 2012 /CNW Telbec/ - Mr. René Hamel, Chief Executive Officer of SSQ Financial Group, is pleased to announce the appointment of four key players in the company. These nominations are in keeping with the marked increase in corporate-wide strategic projects, increasing regulatory requirements along with our growth objectives in Quebec and elsewhere in Canada.
As such, Serge Boiteau has been appointed Strategic Advisor to the Chief Executive Officer while remaining Appointed Actuary. With the experience gained over the last three decades, Mr. Boiteau has in-depth knowledge of the company's financial structure, capitalization and investments, regulatory requirements and actuarial issues. Having actively participated in the strategic and financial decisions that have shaped SSQ Financial Group into the company we know today, he will keep a decision-making role as a member of Senior Management by being in charge of complex and strategic corporate issues.
In addition, Éric Trudel has been appointed Senior Vice-President of Corporate Services. He has over twenty years of experience, having begun his career as a corporate actuary to then move to group insurance sales, where he was assigned to major accounts. Since 2011 he has been Vice-President of Actuarial under Life and Health Insurance. Mr. Trudel is a Fellow of the Society of Actuaries (FSA) and of the Canadian Institute of Actuaries (FCIA). By accepting this new position, he will be in charge of the following sectors: corporate development, legal services, internal auditing and risk management, as well as corporate actuarial, reinsurance and underwriting.
As his successor, Donald Cyr has been appointed Vice-President of Actuarial under Life and Health Insurance. He is also a Fellow of the Society of Actuaries and of the Canadian Institute of Actuaries. Since 2009 he has been the Vice-President of Actuarial and Sales Support with SSQ Investment and Retirement.
Finally, Mr. Sylvain Charbonneau, Vice-President of Actuarial, Medical Underwriting/New Business with SSQ Insurance, will see his responsibilities expand to now include Actuarial and Sales Support with Investment and Retirement. Mr. Charbonneau is a Fellow of the Society of Actuaries and of the Canadian Institute of Actuaries.
"Significant changes have taken place over the last few years at SSQ Financial Group. Big projects such as the recent acquisition of AXA, the implementation of new and innovative IT systems, and the rating assigned by the international credit rating agency A.M. Best, which we obtained in September, offer new possibilities for access to new markets and business growth. I am very proud of this solid team who is ready to take on future challenges", said René Hamel, Chief Executive Officer.
These appointments will be effective as of October 22, 2012.
About SSQ Financial Group
With nearly $3 billion in annual revenue and over $10 billion in assets under management, SSQ Financial Group is a leading mutual diversified financial institution in Canada.
The Group serves over 1 million customers and provides jobs to over 1,900 employees. SSQ, Life Insurance Company Inc., the Group's principal company, is recognized as a leader in the group insurance industry and as an expert in the investment and retirement sector. SSQ Financial Group is also a rising star in home and auto insurance under the SSQ General Insurance Company Inc. banner and has recently expanded into the individual insurance market thanks to its new subsidiary, SSQ Insurance Company Inc.
For more information, please visit ssq.ca.
SOURCE: SSQ FINANCIAL GROUP