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Hart To Run MFSSun Life Joint Venture

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NU Online News Service, Aug 2, 2004, 4:14 p.m. EDT

Sun Life Financial U.S., Wellesley Hills, Mass., has hired Kevin Hart to be president of its MFS/Sun Life Financial Distributors Inc. unit.[@@]

Hart will be reporting to Bob Salipante, the president of Sun Life Financial (U.S.), and Martin Beaulieu, executive vice president at MFS Investment Management, Boston.

The distribution unit is a joint venture of Sun Life Financial (U.S.) and MFS Investment Management that sells variable, fixed and equity-indexed products issued by Sun Life Assurance Company of Canada (U.S.).

Hart previously was chief executive of SunAmerica Financial Network Inc., a unit of American International Group Inc., New York.

Sun Life Financial (U.S.) is a unit of Sun Life Financial Inc., Toronto.