There are 14 older and no younger executives at Manulife. SBI rallies for the 2nd day in a row post strong Q2, Brokerage upgrades pour in; take a look! 416 926-6997 Following his appointment as Chief Investment Officer in 2009, during the global financial crisis, Mr. Thomson led programs to de-risk the Company’s equity and interest-rate risk exposures. Scott Hartz has been promoted to the role of Chief Investment Officer effective March 1, 2019, and will also report directly to Mr. Gori. | The Money Show, US Elections 2020: Donald Trump campaign decides to take legal route for alleged election fraud, RBI allows for more operational flexibility for co-lending by banks and NBFCs to priority sector, Mulling to buy gold this festive season? Scott Hartz has been promoted to the role of … | The Money Show, Top financial experts help you manage wealth | The Money Show, Kerala CM Pinayari on Gold Scam Case developments, says 'My government has nothing to hide', The Election That The World Is Tracking | India Development Debate, Trump asks to stop vote counting; Is he scared of losing or has another card left? He’s replacing Kai Sotorp, who is … Until such time as that appointment is effective he remains Head, Global Wealth and Asset Management. Pamela Kimmet appointed CHRO effective October 1, 2018, Warren Thomson to retire as CIO and Chairman of Global Wealth and Asset Management effective February 28, 2019, Scott Hartz promoted to Chief Investment Officer, Paul Lorentz promoted to President and CEO, Global Wealth & Asset Management. Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. Further, it manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life and financial reinsurance, and mutual funds marketing businesses. The Company also announced that Warren Thomson has made the decision to retire as Manulife’s Chief Investment Officer and Chairman of Global Wealth and Asset Management. Additionally, the company holds and manages oil and gas properties; holds oil and gas royalties, and foreign bonds and equities; and provides investment management, counseling, advisory, and dealer services. | The Newshour Agenda, Opposition slams Nitish's quitting politics remark; No sympathy left in party? Paul Lorentz, who currently reports to Mr. Thomson with responsibility for Manulife’s Global Wealth and Asset Management business, has been promoted to the role of President and Chief Executive Officer, Global Wealth and Asset Management effective March 1, 2019, and will report directly to Mr. Gori. Ms. Kimmet is a world-class Human Resources leader who most recently served as the Chief Human Resources Officer of Cardinal Health, a healthcare services and products company with 50,000 employees in nearly 60 countries around the world. Adrienne O’Neill | India Upfront, Who Is Joe Biden? Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, the United States, and internationally. The company offers individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing. SC asks centre to swiftly waive the compound interest; What happened in the Loan Moratorium case? Paul Raymon Lorentz serves as President and Chief Executive Officer, Global Wealth and Asset Management of the Company. We operate primarily as John Hancock in the United States and Manulife elsewhere. Manulife Asset Management’s assets under management grew from $94 billion in 2006 to $516 billion as of June 30, 2018. Manulife Paul Raymon Lorentz serves as President and Chief Executive Officer, Global Wealth and Asset Management of the Company. It also provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities brokerage firms, financial advisors, pension plan consultants, and banks; and banking products, such as deposit and credit products to Canadian customers. Mr. Thomson has announced his intention to retire effective February 28, 2019, following an extremely successful career with Manulife and John Hancock during which he made significant contributions to the Company’s long-term success. He has been appointed President and Chief Executive Officer, Global Wealth and Asset Management effective March 1, 2019. Mr. Hartz is also the Chief Investment Officer for John Hancock Life Insurance Company, a wholly owned subsidiary of Manulife. Mr. Thomson also oversaw the establishment and growth of Manulife Asset Management. As of June 30, 2018, we had over $1.1 trillion (US$849 billion) in assets under management and administration, and in the previous 12 months we made $27.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. He has been appointed President and Chief Executive Officer, Global Wealth and Asset Management effective March 1, 2019. Manulife uses cookies to personalize your experience, analyze site traffic and serve targeted ads. Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. Mr. Hartz currently serves as Head of General Account Investments for Manulife, overseeing all U.S., Canadian and Asian general account investments, and has performed with excellence in this role. | MK Surana Of HPCL To ET Now, SBI Tops Estimate; NPAs Improve | Dinesh Khara Of SBI To ET Now. 416-852-2745  Ms. Kimmet will oversee the Company’s Human Resources function and provide leadership to the people and culture elements of the Company’s transformation. In addition, the company is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. We see a really long runway here for India and a fantastic opportunity for us in Mahindra, says Ms. Kimmet has also served as a member of Manulife’s Board of Directors since March 2016. adrienne_o’, © The Manufacturers Life Insurance Company. Ms. Kimmet is a thought leader within the HR profession, serving as Chair of the HR Policy Association, and past Chair of the Association’s Center for Executive Compensation. | The Newshour Agenda, Nationalism to ‘Trump’ Prejudice; Allan Lichtman on US Elections 2020 | The Newshour Debate, Ravi Shastri on KL Rahul & Suryakumar Yadav's experience | Frankly Speaking, Congress leader Sachin Sawant on Arnab's arrest; says, 'Why was the Naik family denied justice? She previously led the HR function at a number of global organizations, including Coca-Cola Enterprises, Bear, Stearns & Co. and Lucent Technologies, and held strategic HR roles at Citigroup and General Motors. She also serves on the advisory boards for Cornell University’s Center for Advanced Human Resources Studies, and the University of South Carolina’s Center for Executive Succession. Media Contact:    | Milind Karmarkar Of Dalal & Broacha Stock Broking To ET NOW, Demand Recovery On Track? Ms. Kimmet was named a Fellow by the National Academy of Human Resources in 2009. | The Urban Debate, What Are The Options For Fixed Income Savers | India Development Debate, CM Nitisk throws retirement bomb; Is he using emotional card to win election? “Paul and Scott are proven leaders who have built and maintained strong momentum across their mandates and teams,” Mr. Gori said. Mr. Thomson led the expansion of Manulife Asset Management into private assets, which saw the Company extend its investment offerings and bring its General Fund expertise in alternative asset classes to external investors. At the end of 2017, we had about 35,000 employees, 73,000 agents, and thousands of distribution partners, serving more than 26 million customers. Paul Lorentz & Michael Dommermuth of Manulife in an exclusive conversation | ET NOW, 28 NOVEMBER 2019 | ENGLISH | MONEY & FINANCES | GENERAL AUDIENCE, Benchmark Indices rally overnight as election overhang dissipates | 5th Nov, Top Stocks In Focus: SBI, HPCL, PVR & Inox Leisure, Jubilant Lifesciences, United Spirits | 5th Nov, Nifty Above 12,000 Levels On Strong Global Cues. Replacing Mr. Sotorp will be Paul Lorentz, who has been with Manulife for more than 20 years and held a range of senior roles in wealth and insurance. Spanning more than two decades, Mr. Thomson’s tenure at Manulife has been marked by his focus on finding attractive growth opportunities with appropriate risk profiles. Ms. Kimmet’s appointment is effective October 1, 2018, and she will report directly to Manulife President and Chief Executive Officer Roy Gori.