TORONTO, May 2, 2013 /CNW/ - Manulife Financial Corporation and The
Manufacturers Life Insurance Company announced today the election of
Richard B. DeWolfe as Chairman of the Board, effective immediately. Mr.
DeWolfe joined Manulife's boards in 2004 and has served as Vice-Chair
since December 1, 2012, ensuring a smooth transition with the retiring
Chair, Gail Cook-Bennett.
Gail Cook-Bennett has retired from the Board, having reached the Board
Mr. DeWolfe thanked the former Chair saying, "Gail has a long history
with Manulife and became Chair of the Board at one of the most critical
times in the Company's history. Her contributions and leadership are
significant; she will be missed."
The Company also announced the new appointments of Sheila Fraser as
Chair of the Audit Committee and Robert J. Harding as Chair of the
Corporate Governance and Nominating Committee and the re-appointments
of John R. V. Palmer as Chair of the Risk Committee and John M.
Cassaday as Chair of the Management Resources and Compensation
About Manulife Financial
Manulife Financial is a leading Canada-based financial services group
with principal operations in Asia, Canada and the United States.
Clients look 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 also provide asset
management services to institutional customers. Funds under management
by Manulife Financial and its subsidiaries were C$555 billion (US$547
billion) as at March 31, 2013. 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
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