Great-West Lifeco Inc. announced that it will appoint Derval Tomlin, the company’s current chief actuary, to the role of chief risk officer, effective February 13, 2023. Replacing retiring chief risk officer, Graham Bird, in her new role, Tomlin will lead all aspects of risk management across the company. She will also continue to have responsibility for the company’s actuarial function, with the appointed actuary reporting to her.

Bird will be supporting the transition as a special advisor to the CEO until his retirement in April. After his retirement Bird is expected to continue in an advisory capacity with the company. Calling Bird a key leader, president and CEO, Paul Mahon said in a statement that he is pleased the company will continue to benefit from Bird’s expertise beyond his retirement.

Tomlin was appointed chief actuary in April 2015, having previously served as the chief risk officer and chief actuary for Irish Life, acquired in 2013. The company says her extensive operational experience, garnered during her tenure as Irish Life’s general manager of marketing and in the subsequent chief actuarial roles she’s occupied since September 2008, includes pricing, product development, marketing, customer service and business transformation.