Nice-West Lifeco has named Lindsey Rix-Broom because the CEO of Europe, efficient 1 July 2025.
At the moment serving as CEO of Canada Life UK, Rix-Broom will transition to her new position following the appointment of David Harney as president and CEO of Nice-West Lifeco and Canada Life on the identical date.
Rix-Broom will change into a part of the Lifeco govt administration committee and report on to the corporate’s president and CEO.
Till a successor is appointed, she can even retain management of Canada Life UK.
With 25 years of management expertise, she has been credited with “delivering on strategic priorities to simplify, modernise, and develop the enterprise”.
Nice-West Lifeco mentioned that Rix-Broom has pushed “substantial development” in vital enterprise segments, “capitalised on a major market alternative” within the UK bulk buy annuity market, “unlocked vital worth” from the corporate’s monetary belongings, and spearheaded “main” modernisation initiatives in operational and technological developments.
Harney mentioned: “Lindsey’s ability, management, industrial acumen, and buyer focus have created robust momentum in our UK enterprise, and I do know she is going to deliver the identical disciplined method to this position main our European enterprise section.”
Rix-Broom added: “I’m excited concerning the alternative to work alongside our leaders throughout Europe to develop our presence and impression for patrons within the UK, Eire, and Germany.
“We now have centered methods, robust groups, and a tradition of excellence relating to delivering for our prospects. I stay up for persevering with to construct upon Lifeco’s momentum established beneath David Harney.”
The announcement of the management reshuffle comes shortly after Nice-West Lifeco’s Q1 2025 outcomes launch.
The agency reported base earnings of C$1.03bn, or $1.11 per frequent share, within the quarter, marking a 5% enhance from C$978m the earlier yr.
In Europe, base earnings rose by C$13m, or 6% year-on-year.
