TORONTO, Dec. 21, 2012 /CNW/ - Manulife Financial Corporation and The
Manufacturers Life Insurance Company announced today that C. James
(Jim) Prieur has been appointed to their Boards of Directors, effective
January 1, 2013. Mr. Prieur will sit on the Risk Committee.
Mr. Prieur brings extensive financial and insurance industry experience
to Manulife's Boards. He served as Chief Executive Officer of CNO
Financial Group, Inc. from 2006 until his retirement in 2011. CNO
Financial Group is a life insurance holding company focused on the
senior middle income market in the U.S.
Prior to joining CNO, Mr. Prieur was President and Chief Operating
Officer of a major Canada-based international insurance company where
he had previously led operations in Asia, Canada, the United States and
the United Kingdom.
"We are delighted to welcome Jim Prieur to our Board," said Manulife
Chair, Gail Cook-Bennett. "Jim's deep knowledge of insurance products
in Asia and North America, investing expertise and executive experience
will be of great benefit to the Board."
A Chartered Financial Analyst, Mr. Prieur graduated from Royal Military
College before going on to receive his Master of Business
Administration from the Richard Ivey School at Western University. He
is a member of the President's Circle of the Chicago Council on Global
Affairs, and a member of The Pacific Council on International Policy
and its China Committee.
About Manulife Financial
Manulife Financial is a leading Canada-based financial services group
with principal operations in Asia, Canada and the United States. In
2012, we celebrate 125 years of providing clients 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 also provide asset
management services to institutional customers. Funds under management
by Manulife Financial and its subsidiaries were C$515 billion (US$523
billion) as at September 30, 2012. The Company operates as Manulife
Financial in Canada and Asia and primarily as John Hancock in the
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 Corporation
For further information:
Anthony G. Ostler