Paul Reaburn, chairman, president and CEO, Transamerica Life Canada / AEGON Canada, will be stepping down next month. Reaburn joined Transamerican Life Canada in 2005.

On September 24, Douglas Brooks will assume the leadership of AEGON Canada and its operating companies.

Brooks will be president and CEO of AEGON Canada, Transamerica Life Canada and AEGON Fund Management, and chairman of AEGON Capital Management.

Brooks has held a variety of executive positions in the Canadian life industry including chief financial officer of Equitable Life of Canada.

In a letter to business partners, Reaburn said he is leaving Canada to assist Pat Baird, CEO of AEGON U.S.A., in developing the Asian market and other strategic initiatives.

Reaburn will be working with Brooks during the transition period.