Manulife Asset Management appoints Canadian president

Manulife Asset Management has appointed Roger Renaud as president, Canada.

He will take on the new role once Manulife’s acquisition of the Canadian-based assets of Standard Life Plc closes, which is expected to close at the end of the month.

Renaud will report to Kai Sotorp, president and CEO of Manulife Asset Management, who also is Manulife’s executive vice-president and global head for wealth and asset Management. He will join the Manulife Asset Management executive committee.

Read: Guay to run Manulife Quebec

In addition to leading the development and implementation of Manulife’s asset management strategy and business in Canada, Renaud will assist in the integration of Standard Life Investment’s Canadian operations into Manulife Asset Management.

He was president of Standard Life Investments in Canada prior to the Manulife acquisition announcement, having held that post since 2005.

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Prior to that, he was senior vice-president, group savings and retirement, at Standard Life Assurance Company of Canada and also served as vice-president, sales, at Standard Life Mutual Funds. Renaud joined the company in 1991.

Before joining Standard Life, Renaud was a vice-president at First Marathon.

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