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TORONTO, Nov. 11,
2022 /PRNewswire/ - Manulife today announced the
appointment of Don Lindsay as Vice Chair of the Board of
Directors of Manulife Financial Corporation and The Manufacturers
Life Insurance Company. John
Cassaday will retire on February 15,
2023 after thirty years of distinguished service as a member
of the Board, and as Chairman for the past five years, at which
time Don will become Chair of the Board.
"We are delighted to announce that Don has been elected as the
Vice Chair and will be appointed as Chair of the Board when I step
down," Mr. Cassaday said. "Don has been a valuable Board member for
12 years and has chaired the Management Resources and Compensation
Committee for the last four. He is an accomplished global business
leader with proven leadership capabilities,
including extensive experience in Asia, and has the confidence of the full
Board."
"I look forward to continuing the close partnership with Don and
the Board as we seek to continue to deliver on our mission –
Decisions made easier. Lives made better," said Roy Gori,
Manulife President and Chief Executive Officer.
Mr. Lindsay recently retired after a successful 18-year career
as President and CEO of Teck Resources Limited, Canada's largest diversified mining, mineral
processing and metallurgical company. His previous experience
includes almost two decades with CIBC World Markets Inc., where he
ultimately served as President after periods as Head of Investment
and Corporate Banking and Head of the Asia Pacific Region. Mr.
Lindsay recently served as the Chair of the Business Council of
Canada.
About Manulife
Manulife Financial Corporation is a leading international
financial services provider, helping people make their decisions
easier and lives better. With our global headquarters in
Toronto, Canada, we provide
financial advice and insurance, operating as Manulife across
Canada, Asia, and Europe, and primarily as John Hancock in the
United States. Through Manulife Investment Management, the
global brand for our Global Wealth and Asset Management segment, we
serve individuals, institutions, and retirement plan members
worldwide. At the end of 2021, we had more than 38,000 employees,
over 119,000 agents, and thousands of distribution partners,
serving over 33 million customers. We trade as 'MFC' on the
Toronto, New York, and the Philippine stock exchanges
and under '945' in Hong Kong.
Not all offerings are available in all jurisdictions. For
additional information, please visit manulife.com.
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SOURCE Manulife Financial Corporation