As part of efforts to drive business, the firm has created a new role of chief for HNW and wealth structuring in Asia.

Sun Life Hong Kong, a subsidiary of Canada's Sun Life Assurance, has appointed David Varley to the newly-created role of chief of high net worth and wealth structuring for Asia, effective immediately.

Varley will be responsible for building a service and solutions platform for HNW clients at the firm, developing a number of relations with partners such as private banks, family offices and brokerages.

He has worked in areas such as provision of private placement life insurance, variable universal life, universal life, estate planning and wealth structuring. He will report to Jason Dehni, chief executive of Sun Life Hong Kong, and will be working closely with the Sun Life regional office and country senior management.

Previously, Varley was head of high net worth at AXA Hong Kong and the regional head of protection and health development at AXA Asia. Prior to this he served in a number of senior roles, including head of international business at Aviva Hong Kong.