Additionally, Richard Priestly has also been hired as the executive director within its retirement income division.

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Previously, Towers was the MD of life & pensions at Aviva and had also has held various leadership and business development roles in the UK, Ireland and the Isle of Man with Prudential, Abbey National and Scottish Provident.

He has also been president of the Irish Insurance Federation.

At Canada Life Towers will be responsible for the leadership and further development of Canada Life’s onshore and offshore wealth management businesses, including Isle of Man based Canada Life International.

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