Great-West Life Assurance Co. will restructure its Canadian operations around two business units, one focused on group customers and the other focused on individual customers.
Read: Great-West Life rolls out financial wellness pilot project
Maynard will also move into the role of chief actuary for Great-West Life and its companies in Canada when the current chief actuary retires in mid-2017.
“The changes we are announcing today build on our core strengths and will position us to continue to meet the changing needs of both advisors and customers,” Stefan Kristjanson, president and chief operating officer of Great-West Life Canada, said in a release yesterday.