Press Kit

Douglas W. Brooks, FSA, CERA, FCIA, MAAA

Sr. Vice-President & Chief Financial Officer
Equitable Life of Canada

Douglas W. Brooks is senior vice-president and chief financial officer of Equitable Life of Canada.
 
Upon graduation from the University of Waterloo, Doug joined Mutual Life (later Clarica) and the majority of his time was spent in the Individual Division, with responsibilities including product design, pricing, valuation and financial analysis. In 1997, he became chief actuary, overseeing the actuarial aspects of the company's demutualization, and having significant involvement in a number of acquisitions. In 2000, he was appointed senior vice-president and chief actuary, and added responsibilities for capital management, risk management and internal audit. In June 2002, Doug was appointed vice-president and chief risk officer at Sun Life upon the acquisition of Clarica by Sun Life. He joined the Equitable Life of Canada in September 2006.
 
Doug has had a number of industry involvements, including the CLHIA committee on solvency and capital and within the Canadian Institute of Actuaries (CIA) as a member of the Committee on the Role of the Appointed Actuary and member of the CIA Board of Directors. He is also a past chairman of the CIA Life Practice Committee, the CIA Committee on Risk Management and Capital Requirements and a committee on source of earnings disclosure.
 
Doug graduated from the University of Waterloo in mathematics and actuarial science. Doug has been a member, and is currently the chair of the Council of the Joint Risk Management Section of the Society of Actuaries, Casualty Actuarial Society and CIA. Doug is a Fellow of the Society of Actuaries (FSA), a Chartered Enterprise Risk Analyst (CERA), a Fellow of the Canadian Institute of Actuaries (FCIA) and a Member of the American Academy of Actuaries (MAAA).