Manulife Investments names Michelle Ostermann Assistant Vice President of Guaranteed Investment Products

TSX/NYSE/PSE: MFC

SEHK:945

 

WATERLOO, ON, May 16, 2012 /CNW/ - Manulife Investments has appointed Michelle Ostermann as its Assistant Vice President of Guaranteed Investment Products.

Ms. Ostermann brings to Manulife Investments more than 17 years of experience in the insurance industry where she has held several investment, business development and product roles at other leading insurance companies.

In this new role, Ms. Ostermann is responsible for all aspects of product management, development and strategy.  Her team's comprehensive product suite includes Manulife's $35 billion Canadian retail segregated funds, payout annuities, GICs and the recently launched Manulife PensionBuilder.

"Michelle will bring added knowledge and expertise to our already strong investments team," shares Paul Lorentz, President, Manulife Investments. "She has impressed us with her leadership and team building skills as well as her experience with wealth product development. She's a great fit."

Michelle holds a Bachelor of Science degree in Economics and is a CFA charter holder.  She and her family reside in Waterloo, Ontario where she is an active member in her community, most notably volunteering for the local Junior Achievement organization.

For more information about Manulife Investments, please visit manulifeinvestments.ca

About Manulife Investments

Manulife Investments is the brand name describing certain Canadian subsidiaries and operating divisions of Manulife Financial Corporation that offer personal wealth management products and services in Canada. As one of Canada's leading integrated financial services providers, Manulife Investments offers a variety of products and services including segregated funds, mutual funds, annuities and guaranteed investment contracts.  Visit manulifeinvestments.ca

About Manulife Financial

Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. In 2012, we celebrate 125 years of providing clients strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$512 billion (US$512 billion) as at March 31, 2012. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at manulife.com.

 

Media contact:
Tracy Van Kalsbeek 
Public Relations Consultant 
Manulife Financial Canadian Division 
519-594-4697  [email protected]