(February 8 -16:20 ET) – Manulife Financial today announced some important executive moves in Canada and Japan.

David Horman, president and CEO of Manulife Century, Manulife’s Japanese subsidiary, has decided to retire effective April 2. This also the scheduled date of completion for the transfer of roughly 1.5 million in force polices to Manulife Century from Daihyaku Mutual Life Insurance Co. of Japan.

Trevor Matthews, executive vice president Canadian operations since February 1998, will assume the role of President and CEO of Manulife Century, effective April 2. Horman will continue to serve as a member of the Manulife Century Life board of directors.

“One of the strengths that Manulife brings to Japan is its global network, which enables us to capitalize on management talent and other successful aspects of our business worldwide to help accelerate development of new companies such as Manulife Century,” said Dominic. D’Alessandro, Manulife Financial’s president CEO. “Trevor’s move to Japan is an excellent example of this and is reflective of our long term commitment to success in one of the world’s largest insurance markets.”

Bruce Gordon, senior vice president of group business in Manulife’s Canadian operations, will replace Matthews executive vice president, Canadian operations. He will also join Manulife’s executive management team.

Most recently, Gordon led Manulife’s transaction team that worked to acquire Zurich Canada’s group life and health employee benefits business.
-IE Staff