Blue Cross Life Insurance Company of Canada (BCL) announced March 18 that Tim Mawhinney has been selected as incoming President & Chief Executive Officer. He succeeds Marie-Josée Martin who previously announced her plans to retire in April 2022.
Mawhinney joined BCL in 2008 and has held roles of increasing responsibility in Capital and Risk Management, including Chief Risk Officer, and, over the past six years, as the Chief Financial Officer.
“The BCL Board is excited to work with Tim in his new role as CEO. His overall financial and business acumen have contributed to BCL’s longstanding financial position, including responding to the recent financial challenges of the COVID 19 pandemic,” stated Louis Martel, Blue Cross Life Board Chair. “At the same time, he has been instrumental in the company’s recent historical milestones, including the joining of all Blue Cross Plans in Canada as BCL shareholders and the launch of the first national Blue Cross individual life product offering.”
Mawhinney has a Bachelor of Science in Mathematics (Honours) from the University of New Brunswick, a Master’s in Business Administration with Distinction from Heriot-Watt University in Edinburgh, Scotland and is a Fellow of the Canadian Institute of Actuaries.
“I am honoured to lead this incredible team as we enter our next phase of growth,” said Mawhinney. “I look forward to advancing our efforts to diversify our product offering, accelerate our innovation efforts, and deliver value to our key stakeholder groups.”
