Todd Lawrence has been appointed President & CEO of ivari. In this position, which became effective Oct. 6, Lawrence succeeds Douglas W. Brooks.

Lawrence has more than 25 years of experience in the financial industry. “Throughout his career, he has led a number of large and complex businesses including insurance, reinsurance, mortgages, personal lending, and deposits,” said the company in a statement. He joined ivari in 2017. His appointment completes a year-long transition period.

Douglas W. Brooks is retiring from the company after a career spanning 45 years in the Canadian life insurance industry, including 10 years leading ivari as President & CEO.

“I want to congratulate Todd on his well-deserved appointment to President & CEO of ivari. He has shown true leadership in maintaining the positive momentum we have built. We are confident in his ability to position ivari for success in the middle market, now and in the future – A sincere thank you and farewell,” said Brooks in a statement.