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Michael P. Stramaglia

Chair - Risk and Investment, Audit and Compliance Committee

michael stramaglia, board member, foresters financial

Michael is a professional corporate director and President/Owner of Matrisc Advisory Group Inc., a risk management consulting company.
He currently serves on the boards of the Equitable Bank, Economical Insurance Group and Munich Re Canada.

Michael has over 30 years of financial services experience, including over 10 years with Sun Life Financial (2002-2012) where he served as a member of the International Executive Team and held various executive positions including Global Chief Risk Officer and Executive Vice-President, Investments. He joined Sun Life Financial in 2002, following its acquisition of Clarica, where Michael was Executive Vice-President and Chief Investment Officer and head of the International Reinsurance Business.

Prior to joining Clarica, Michael worked for over 13 years with the Canadian operations of the worldwide Zurich Financial Services Group, where he held a number of senior executive positions including Chief Actuary, CFO, Chief Operating Officer and, ultimately, President and CEO of the Zurich Life Insurance Company of Canada.

Michael served as Co-Interim President and CEO of Foresters Financial™ from July 2017 to January 2018.

Michael is a qualified actuary and Chartered Enterprise Risk Analyst. He maintains a keen interest in advancing industry best practices, including through his current appointments as Executive in Residence at the Global Risk Institute in Financial Services and as Co-Director of the Schulich School of Business SEEC Centre of Excellence in Risk Management.

Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society) and its subsidiaries.

412581 CAN/US/UK (01/18)

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