Great-West Lifeco Inc. announced the appointment of Dervla Tomlin, current Chief Actuary, as Chief Risk Officer, effective February 13, 2023. In her new role, Dervla will lead all aspects of risk management across Great-West Lifeco. She will also continue to have responsibility for the company's Actuarial function with the Appointed Actuary reporting to her.

Dervla brings over 30 years' experience in the industry to this role. She was appointed Chief Actuary, Lifeco in April 2015, having previously served as the Chief Risk Officer and Chief Actuary for Irish Life. In addition to corporate actuarial and risk experience, Dervla has extensive operational experience, including pricing and product development, marketing, customer service and leading a successful strategic business transformation.

Dervla joined the Great-West Lifeco team in 2013 as part of the acquisition of Irish Life. She has a degree in mathematics and economics from University College Dublin. She is a Fellow of the Society of Actuaries in Ireland and the UK Institute of Actuaries and an Associate of the Canadian Institute of Actuaries.

Throughout her career, she has been an active member of professional and industry bodies. She is a Past President of the Society of Actuaries in Ireland. Dervla succeeds Graham Bird, who is retiring in April this year having served as Chief Risk Officer since 2015.

During his tenure, Graham has overseen the development of leading Risk functions for the company and championed a sophisticated risk-based culture for the benefit of all the company's stakeholders. Through his tenure, Lifeco and Operating Company teams have benefited from Graham's strong commercial mindset and deep risk expertise. Prior to joining Great-West Lifeco, Graham served in a number of senior roles within the financial services industry in North America and Europe.

Graham will be supporting the transition as a special advisor to the CEO until his retirement on April 30, 2023, after which he will continue in an advisory capacity to Great-West Lifeco.