(November 30 – 14:45 ET) –
Manulife Financial has
reorganized its wealth management
operations in Canada to bring
together five operations under a
single umbrella.
“This new, simplified
structure will provide us with more
focus and the opportunity to move
further towards becoming
Canada’s leading provider of
financial services,” said
Trevor Matthews, Executive Vice
President of Canadian Operations.
As part of the restructuring,
Roy Firth, currently President
& Chief Executive of
Elliott & Page Ltd., an
investment management subsidiary of
Manulife, will take on the added
role of Senior Vice President,
Wealth Management, Canadian
Operations.
This new position will bring
together all wealth management
business of Manulife’s
Canadian Division, currently in
excess of $15 billion, under one
umbrella. Mr. Firth will be
responsible for Manulife’s
existing Savings and Retirement
Services area, Manulife Bank,
Manulife One, the retail mutual
fund part of Elliott & Page,
and the product manufacturing part
of Manulife Securities
International Limited.
Harold Hugel also has been named Vice President Savings and Retirement Services, while Paul Smith becomes Vice President, Manulife One, responsible for an innovative, single-account product launched in early October. Along with Roman Fedchyshyn, President & CEO of Manulife Bank, Harold Hugel and Paul Smith will report to Roy Firth.
-IE Staff
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