Empire Life names new chief investment officer

Empire Life Investments Inc. (ELII) – the wholly-owned subsidiary of Empire Life which manages and offers mutual funds – has appointed Paul Holba, CFA, as its new chief investment officer.

With his appointment, Holba joins the executive leadership team of its parent company The Empire Life Insurance Company (Empire Life).

Holba first joined Empire Life in 2009, initially as part of the company’s retail distribution division. He brought with him over 20 years of experience in the Canadian investment industry, having served in senior roles at global management firms and in the asset management division of a Canadian bank. Since then, he has held senior management roles in both Empire Life and ELII. He most recently served as vice president of retail distribution, a role he held for the past seven years.

“Paul has deep knowledge of the investment and insurance sectors and has proven himself as a highly respected and engaging leader within the company and the industry,” said Empire Life and ELII president and CEO Mark Sylvia. “Under Paul’s leadership, the ELII investment management team will continue its focus on performance through investing in attractively valued, high-quality businesses with an emphasis on downside protection for our customers and institutional investors.”