TORONTO, June 14, 2012 /CNW/ - Manulife Financial today announced that
Craig Bromley will be appointed Senior Executive Vice President and
General Manager, U.S. Division, and President of John Hancock Financial
Services, effective September 1, 2012. Mr. Bromley will report directly
to Manulife President and Chief Executive Officer Donald A. Guloien and
he will join the company's Executive Committee.
Mr. Bromley is currently leading Manulife's business in Japan - the
world's second largest insurance market - as the Executive Vice
President and General Manager of Manulife Japan, as well as its
President and Chief Executive Officer. Earlier in his career, Mr.
Bromley led Manulife's merger with John Hancock Financial Services,
Inc. in 2004.
"Craig brings to the John Hancock team a track record of success,
international experience, and an inclusive and decisive leadership
style," Mr. Guloien said.
"As the leader of one of our largest businesses, Craig has proven to be
a strategic business builder," Mr. Guloien added. "His accomplishments
include expanding Manulife Japan's product offerings and distribution
channels to create an important competitor in the marketplace."
Mr. Bromley takes over from Jim Boyle, who, after more than 20 years at
Manulife will be retiring. Mr. Boyle will remain at John Hancock
through the end of the fiscal year in order to facilitate a smooth
"I want to thank Jim for his considerable service to John Hancock, our
customers and our employees," Mr. Guloien added. "During a career of
many highlights, I want to single out Jim's leadership of the past few
years when he led the repositioning of John Hancock's businesses. We
will continue to see the benefits of his efforts for years to come."
Under Mr. Bromley's leadership of the past five years, Manulife has
built a solid business base in Japan and achieved substantial growth in
the second largest insurance market in the world. During the crisis of
the tragic events of the 2011 earthquake and tsunami, Mr. Bromley led
the company capably and admirably and ensured Manulife was a beacon of
support for employees, customers and the community.
Manulife has begun a global search of internal and external candidates
to head its Japanese operations.
Mr. Bromley first moved to Japan in 2005 as CFO of Manulife Japan. Prior
to his time in Japan, Mr. Bromley served as Senior Vice President,
Business Development and Investor Relations of Manulife Financial. Mr.
Bromley joined Manulife in 2000 in Toronto, with previous experience in
banking and management consulting. Mr. Bromley holds a Masters of
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$512 billion (US$512
billion) as at March 31, 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