Sun Life Financial appoints Colm Freyne as interim CFO

    McKenney departing for U.S. executive position

    TORONTO, June 22 /CNW/ - Sun Life Financial Inc. (TSX/NYSE:   SLF)
announced today the appointment of Colm Freyne as interim Chief Financial
Officer effective July 1, 2009 following the resignation of Rick McKenney, who
will be taking up an executive position with a U.S. financial services
company. Freyne is currently Sun Life's Senior Vice-President and Controller.
    "Colm is highly qualified to lead our exceptional enterprise-wide team of
finance professionals, given his three decades of international financial
services experience," said Donald A. Stewart, Chief Executive Officer. "He has
been with Sun Life since 2003, having joined us from a major Canadian
chartered bank. The stewardship of our finance function is in very good
    Stewart also noted McKenney's contribution to the Company. "Rick's
leadership and commitment have helped Sun Life remain strongly capitalized and
well positioned to meet the economic challenges of the times. We wish him the
very best on his return to the United States."
    Over the balance of 2009 the Board and Executive Team will work with
Freyne to determine the finance structure to best serve Sun Life for the
longer term. Meanwhile our enterprise-wide finance team is focused on
supporting our business as we move forward.

    About Sun Life Financial

    Sun Life Financial is a leading international financial services
organization providing a diverse range of protection and wealth accumulation
products and services to individuals and corporate customers. Chartered in
1865, Sun Life Financial and its partners today have operations in key markets
worldwide, including Canada, the United States, the United Kingdom, Ireland,
Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. As of
March 31, 2009, the Sun Life Financial group of companies had total assets
under management of CDN$375 billion. For more information please visit
    Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and
Philippine (PSE) stock exchanges under ticker symbol SLF.

For further information:

For further information: Media Relations Contact: Steve Kee, Assistant
Vice-President, Communications, Tel: (416) 979-6237,;
Investor Relations Contact: Paul Petrelli, Vice-President, Investor Relations,
Tel: (416) 204-8163,

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