Sun Life Financial Inc has named Sujoy Ghosh as chief executive of its global high net worth business, which includes operations in Bermuda, Hong Kong and Singapore.

Mr Ghosh, who takes up the role on November 4, will be based in Singapore and report to Manjit Singh, president of Sun Life Asia. He will oversee the insurer’s strategy to deepen partnerships and expand capabilities across the three hubs.

“We're delighted to welcome Sujoy Ghosh as CEO of our high net worth business,” Mr Singh said. “Sujoy brings deep industry expertise, proven leadership and a clear vision for growth. Over the past 30 years, Sun Life has built a leading position as a trusted partner to clients seeking world-class solutions to protect and grow their wealth. Sujoy’s appointment reflects our commitment to accelerating growth by combining our global scale, expertise and trusted brand, with a sharp focus on the evolving needs of high-net-worth clients.”

Sun Life is a leading international financial services organisation providing asset management, wealth, insurance and health solutions in multiple markets. As of June 30, the company reported total assets under management of $1.54 trillion.

Mr Ghosh has more than 27 years’ experience in insurance and banking across Asia, the Middle East and Europe. He joins from Citi, where he was head of global insurance and Asia head of business development for Citi Wealth. Before that, he was regional head of bancassurance for Allianz in Asia Pacific, building commercial and strategic partnerships across life and general insurance.

“I am incredibly honoured and excited to lead Sun Life’s high net worth business and build upon the company’s legacy of excellence,” Mr Ghosh said. “In today’s dynamic financial landscape, our commitment to providing tailored, innovative, holistic wealth solutions to our high-net-worth clients is more critical than ever. I look forward to working with the talented team at Sun Life to strengthen our client relationships, drive sustainable growth and set new standards of service and performance in the industry.”