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Shreyas Sridhar is MD of Bulk Purchase Annuities at Canada Life UK
Sridhar succeeds Tim Coulson, who will continue to work with Canada Life in an advisory capacity before retiring at the end of 2025.
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Nandika Chand - Fri, 04, Apr 2025
- 22:21 EDT
- 149
Shreyas Sridhar has been appointed MD of Bulk Purchase Annuities of Canada Life / Canada Life
Insurance and financial services company Canada Life has appointed Shreyas Sridhar as Managing Director of Bulk Purchase Annuities (BPA), effective from Apr.7 and subject to regulatory approval. He will also be part of Canada Life UK executive committee and report to UK chief executive Lindsey Rix-Broom.
Sridhar succeeds Tim Coulson, who will continue to work with Canada Life in an advisory capacity before retiring at the end of 2025. The newly-appointed MD is a highly experienced financial services executive, who joined Canada Life UK in February 2024 as business development director for its BPA business. Shreyas Sridhar worked in various roles within Legal & General’s pension risk transfer business for eight years before joining Canada Life.
In a statement, Sridhar said he is honored and excited to be taking up the mantle of leading Canada Life’s bulk annuities business. “I wish to extend my heartfelt gratitude to Tim for his leadership and guidance, which has helped transform our business in these past two years.”
Sridhar added that this is an exciting time for the bulk annuities market. “I look forward to working with my talented colleagues to drive Canada Life’s ambitious plans.”
Rix-Broom, the chief executive at Canada Life, welcomed Shreyas Sridhar to the UK Executive team as Managing Director of Bulk Purchase Annuities. She lauded him as an exceptional executive with a wealth of experience. “He has been instrumental in leading the growth of our bulk annuities business, which continues to go from strength to strength.”
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