TSX/NYSE/PSE: MFC SEHK:945
TORONTO, Nov. 3, 2011 /CNW/ - Manulife Financial Corporation and The
Manufacturers Life Insurance Company announced today that Sheila Fraser
has been appointed to their Boards of Directors, effective November 2,
2011. Ms. Fraser will sit on the Audit Committee and the Conduct
Review and Ethics Committee.
Ms. Fraser served as Auditor General of Canada from 2001 to 2011. Prior
to joining the Office of the Auditor General as Deputy Auditor General
in 1999, she was a partner at Ernst and Young for 18 years.
Her contributions to the accounting and auditing profession include her
current role as member of the International Federation of
Accountants-International Public Sector Accounting Standards Board
(IFAC-IPSASB). She has also chaired two committees of the
International Organization of Supreme Audit Institutions (INTOSAI) as
well as the Public Sector Accounting Board of the Canadian Institute of
Ms. Fraser earned a Bachelor of Commerce from McGill University, is a
Chartered Accountant and among her many honours has received the
designation "Fellow" from the Institute of Chartered Accountants of
Ontario and the Ordre des comptables agréés du Québec.
"Ms. Fraser's financial background, management experience as Auditor
General of Canada and leadership roles on international accounting
issues make her an important addition to Manulife," said Manulife
Chair, Gail Cook-Bennett. "We are delighted to welcome Sheila Fraser
to our Boards."
About Manulife Financial
Manulife Financial is a leading Canada-based financial services group
operating in 21 countries and territories worldwide. For more than 120
years, clients have looked to Manulife for strong, reliable,
trustworthy and forward-thinking solutions for their most significant
financial decisions. Our international network of employees, agents and
distribution partners offers financial protection and wealth management
products and services to millions of clients. We provide asset
management services to institutional customers worldwide as well as
reinsurance solutions, specializing in property and casualty
retrocession. Funds under management by Manulife Financial and its
subsidiaries were C$492billion (US$473 billion) as at September 30,
2011. The Company operates as Manulife Financial in Canada and Asia and
primarily as John Hancock in the United States.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE,
and under '945' on the SEHK. Manulife Financial can be found on the
Internet at manulife.com.
SOURCE Manulife Financial
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