MONTREAL, April 9, 2013 /CNW Telbec/ - David Nish, chairman of The Standard
Life Assurance Company of Canada ("Standard Life Canada"), is pleased to
announce the appointment of Gerry Rocchi as an independent director of
Standard Life Canada and two affiliated companies, effective January 1, 2013.
Mr. Rocchi is the CEO and a co-founder of Green Power Action, an environmental
finance firm that launched Canada's first carbon offset credit fund, the
voluntary Greening Canada Fund for Canadian corporations.
"In addition to having an acute awareness of how companies can find economic
advantages by integrating sustainability into their corporate strategies,"
said Mr. Nish. "Gerry brings investment management expertise and a sound
understanding of corporate financial governance processes and practices to our
Mr. Rocchi served as the first independent Chair of the Board of Directors of
the Investment Industry Regulatory Organization of Canada (IIROC) in 2011 and
2012, and was a director of IIROC for eight years. He has extensive experience
as a senior executive, director and advisor in a broad array of disciplines,
including pension investment and finance, strategic analysis, business
development, risk control and client services. He worked for many years with
Barclays Global Investors (now part of Blackrock Global Investors), serving as
CEO of Barclays Global Investors Canada from 1997 to 2004. He also spent 16
years with Imperial Oil and Exxon in a variety of finance roles and served on
an independent review committee for a mutual fund group.
Mr. Rocchi has co-taught a course on pension and endowment fund management in
the Master of Finance program at the Rotman School of Management, University
About Standard Life
Standard Life plc is a leading long-term savings and investment company
headquartered in Edinburgh, Scotland. Standard Life has around six million
customers worldwide and operates in the United Kingdom, Europe, North America
and Asia, and globally with Standard Life Investments Ltd.
In Canada, Standard Life has been doing business for 180 years. It operates
under Standard Life Financial Inc., which wholly owns The Standard Life
Assurance Company of Canada and Standard Life Mutual Funds Ltd. It is Standard
Life plc's largest operation outside the UK and has more than 2,000 employees.
It provides long-term savings, investment and insurance solutions to more than
1.4 million Canadians, including group retirement and insurance plan members.
As of December 31, 2012, Standard Life plc had $353 billion in assets under
administration, including $45billion in Canada through Standard Life
Geoffrey King 514-499-7999, ext. 8150 email@example.com
Image with caption: "Gerry Rocchi named director of Standard Life Canada (CNW
Group/STANDARD LIFE)". Image available at:
SOURCE: STANDARD LIFE
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CO: STANDARD LIFE
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-0- Apr/09/2013 15:04 GMT
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