Veteran Insurance Asset Manager Deng Bin Departs Sun Life Financial

Deep News07-13

Deng Bin, the former chief investment officer of China Pacific Insurance and Ping An Insurance, has left his position as President of Asian Asset Management at Sun Life Financial.

He is now pursuing other career opportunities. Deng Bin originally joined the Canadian financial services firm in January 2025.

Deng Bin holds an MBA and a Master's in Quantitative Model Analysis from Baruch College, City University of New York. He is a Chartered Financial Analyst and a Financial Risk Manager. His career includes senior roles such as Chief Investment Officer at China Pacific Insurance (Group) Co., Ltd. and its Hong Kong subsidiary, Investment Solutions and Derivatives Director at AIA Group, and Head of Market Risk Management for AIG's Asia-Pacific region (excluding Japan and Korea).

In January 2022, he succeeded Chen Dexian as the Chief Investment Officer of Ping An Insurance Group, a role he held until his departure at the end of December 2024.

Deng Bin joined Sun Life in January 2025, following former Ping An Co-CEO Jessica Tan, who joined the group in September 2024 as President of its wholly-owned subsidiary, Sun Life Canada.

Sun Life Financial Services was founded in 1865 and is headquartered in Toronto, Canada. It is one of the world's largest insurance and asset management companies, with operations across Canada, the United States, the United Kingdom, and the Asia-Pacific region, offering a range of products including savings, retirement, pension, life, and health insurance.

According to the website of Everbright Sun Life Insurance, Sun Life Canada is the second-largest shareholder of the joint venture, holding a 24.99% stake.

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