Toronto-based Sun Life Financial Inc. is shuffling the executive ranks, according to a statement released Monday.

Under the new management structure, which takes effect May 29, Kevin Strain will step down as president of Sun Life Financial Asia, and assume the role of executive vice president and chief financial officer.

Claude Accum, who currently serves as executive vice-president and chief risk officer, will succeed Strain as president., Sun Life Financial Asia.

In addition, Colm Freyne, currently executive vice president and chief financial officer, has been tapped to serve as Accum’s replacement.

“Kevin, Claude and Colm each possess extensive Sun Life experience that will serve us well as they take on their new portfolios,” says Dean Connor, president and CEO of Sun Life Financial, in a statement. “These moves also highlight our ongoing focus on developing our people, including the unique experiences that come with operating businesses in diverse geographies around the world.”

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