Sun Life Financial Welcomes Marcia Moffat to Board of Directors

Sun Life Financial Inc. has made a significant announcement by appointing Marcia Moffat to its Board of Directors, effective March 6, 2026. This move reflects the company's commitment to enhancing its governance with leaders who possess extensive industry experience and strategic insights.

A Seasoned Professional in Financial Services

Marcia Moffat is a well-respected figure in the financial services sector, having built a notable career that spans over 30 years across various disciplines including asset management, retail banking, and investment banking. Her journey has led her from prestigious roles in Canada, the U.S., and France, equipping her with a rich tapestry of experiences that will undoubtedly benefit Sun Life.

Most recently, Moffat served as the Chief Executive Officer of BlackRock Asset Management Canada Limited. In this role, she not only steered the strategic direction for Canada but also contributed to BlackRock's Global Operating Committee. Under her leadership, BlackRock saw transformative growth in both its institutional and wealth businesses in Canada, marking a decade of increased assets under management. Moffat's efforts have significantly contributed to adopting innovative investment management technology across the firm’s operations in Canada.

Previous Roles and Contributions

Before joining BlackRock, Moffat had a commendable 12-year tenure at the Royal Bank of Canada, where she held various increasingly senior positions. Here, she started her career as an investment banker, devising financial solutions for large enterprises across multiple sectors. Moffat demonstrated her crisis management skills during the global financial crisis, leading investor relations, and went on to manage the Canadian residential mortgage portfolio, including home equity lines of credit.

Her professional pathway began as a corporate securities lawyer at Shearman & Sterling, working in their offices in New York and Paris, where she dealt with complex international debt and equity transactions—experience that's proven invaluable throughout her career.

Moffat holds both an MBA and a Juris Doctor degree from the University of Toronto, alongside a Bachelor of Science in Biology from McGill University. Her academic background complements her professional expertise, allowing her to bridge the gap between legal frameworks and financial strategy effectively.

Commitment to Governance and Community Engagement

In addition to her corporate roles, Moffat has made her mark in governance and community service. Residing in Ontario, she currently holds the position of Vice-Chair at the C.D. Howe Institute and serves on the Board of Directors for the University Health Network Foundation. Her past experience includes Chair of the Canadian Coalition for Good Governance and roles on multiple boards, such as the Business Council of Canada and Manulife Bank of Canada.

Her proactive approach to governance emphasizes the importance of transparency and responsible management—principles that align closely with Sun Life’s values.

About Sun Life

Sun Life Financial Inc. is a leading international financial services firm that provides asset management, wealth, insurance, and health solutions to both institutional and individual clients. With a robust presence in Canada and other key markets worldwide, Sun Life has approximately $1.60 trillion in total assets under management as of December 31, 2025. The company is committed to driving positive outcomes for all stakeholders, and Moffat’s appointment is expected to strengthen this mission further.

In summary, Marcia Moffat's addition to the Sun Life Board of Directors reflects the firm’s strategic effort to leverage top-tier leadership to navigate the complexities of today's financial landscapes. Her extensive skills and experiences make her an invaluable asset to the company as it seeks to enhance its governance and service offerings in the ever-evolving financial services industry.