Mr. Peacher was most recently Managing Director, Head of Fixed Income and Liquidity Strategies at Columbia Management, responsible for investment strategy, development and performance for the firm's large fixed income and cash portfolios.

As Chief Investment Officer, Mr. Peacher will be responsible for Sun Life's invested asset portfolio, which had assets of $108 billion at June 30, 2009. He succeeds previous Chief Investment Officer, James M.A. Anderson, who retired from the Company earlier this year.

Steve will be a member of the Company's Executive Team and be co-located at Sun Life's global headquarters in Toronto and its U.S. head office in Wellesley Hills, Massachusetts.