Manulife Asset Management has appointed Claude Chene as global head of distribution, effective July 1, 2015.
Manulife has reported net income of $723 million in the first quarter of 2015, compared with $818 million in the year-ago quarter.
Manulife is adopting a cost-cutting strategy other big corporations have used to great effect, reports Bloomberg.
Manulife's U.S. division, John Hancock Financial, has successfully completed its previously announced acquisition of New York Life's Retirement Plan Services business.
Manulife has appointed Dr. Laureen Rance as its first-ever director of pharmaceutical relations.
Manulife has appointed Tom Jenkins to its board of directors, effective March 1, 2015.
Manulife has successfully completed its previously announced acquisition of the Canadian-based operations of Standard Life plc.
Manulife Asset Management has appointed Roger Renaud as president, Canada.
Manulife Asset Management has promoted Endre Pedersen to chief investment officer, fixed income, Asia (ex-Japan).
Manulife Insurance has altered its Lifecheque Critical Illness offering.