2021. He was then replaced by Kevin Strain, who was the former Chief Financial Officer at Sun Life. Sun Life in North America Canada Sun Life's Canadian headquarters are based out of the Regional Municipality of Waterloo, Ontario. Sun Life contributes to the local economy as one of the top 5 major employers in the region, with approximately 3,500 employees – more than 40% of Sun Life's employee base in Canada. Sun Life is an Observing Organization in the Regional Carbon Initiative (run by the Sustainable Waterloo Region) and a member of TravelWise, a joint program of Sustainable Waterloo Region and the Region of Waterloo. Sun Life roots in Canada go back over 150 years and is estimated that the company provides financial products and advice to 1 in 5 Canadians. In 2012, Sun Life celebrated the 100th anniversary of its Canadian head office building, located on King Street, right on the border of the Cities of Kitchener and Waterloo. United States Sun Life's U.S. Headquarters are based out of Wellesley, a town in Norfolk County, Massachusetts and considered a part of Greater Boston. Sun Life U.S. has the sixth-largest group benefits business in the United States and serves more than 60,000 employers in small, medium and large workplaces. Sun Life's portfolio of insurance products and services in the U.S. includes disability, absence management, life, dental, vision, voluntary and medical stop-loss. In 2018, Sun Life U.S. was named one of the Top Places to Work in Massachusetts for 2018 by The Boston Globe. In 2022, Sun Life U.S. acquired DentaQuest for $2.475 billion dollars. DentaQuest is the largest provider of Medicaid dental benefits in the U.S. with growing Medicare Advantage, commercial and U.S. Affordable Care Act (ACA) exchange businesses. Sun Life Asset Management Sun Life's asset management operation includes subsidiaries: MFS Investment Management, which serves individual and institutional investors around the world; SLC Management, which provides investment solutions for defined benefit pension plans, insurance companies and other institutional investors globally. SLC Management has two distinct units: a fixed-income pillar operating under the SLC Management banner (including Sun Life affiliates Prime Advisors, Ryan Labs Asset Management and Sun Life Institutional Investments); and a real estate division named Bentall GreenOak. In December 2019, Sun Life announced an intention to acquire a majority stake in InfraRed Capital Partners, which will see InfraRed form part of SLC Management In October 2020, Sun Life announced