Stephen Frank has been appointed President and CEO of the Canadian Life and Health Insurance Association, announced Paul Mahon, Chair of the CLHIA July 4. In his new role, Mr. Frank replaces Frank Swedlove, who has retired after 10 years with the CLHIA.

"Canada's life and health insurance industry is entering one of its most intense eras of change, particularly in areas of public policy such as the industry's distribution and disclosure practices, and lowering prescription drug costs for all Canadians," said Frank in a statement. "We will continue to put our customers’ interests first and I look forward to working with governments and other stakeholders to develop solutions to these important issues."

Held the position of Senior Vice President, Policy

Frank, who has been working for the CLHIA since March 2010, most recently held the position of Senior Vice President, Policy. He is a member of the Board of the Canadian Drug Insurance Pooling Corporation.

Before joining the CLHIA, Frank held senior roles in global transaction banking and financial strategy at a major bank. Earlier in his career, he worked as an economist in the Financial Sector Policy branch at the Department of Finance.

He holds a Master's of Finance degree from the University of Cambridge and a B.A. (Honours) Economics degree from Queen's University.