Manulife Names Nadine Chakar as Global Head of Operations and Data Management, Investment Division

TORONTO, March 9, 2016 /CNW/ -- Manulife announced today that Nadine Chakar has been named Senior Vice President and Global Head of Operations and Data Management, Investment Division. Based in Boston, Ms. Chakar reports to Tim Deacon, Executive Vice President and CFO of Manulife's Investment Division. The appointment is effective March 7. Ms. Chakar will also serve as a member of the Investment Division Executive Committee and of Manulife's Global Operations Council.

At Manulife she is responsible for directing Global Operations for the Investment Division. This includes the operations supporting the company's General Account assets, Manulife Asset Management and affiliated wealth management clients. She will also oversee the design, implementation and management of Manulife's Divisional Data Governance and Information Management program.

"Nadine brings to Manulife a wealth of leadership talent and expertise in leading global operations teams, and we are pleased that she has joined us to support our business growth from an operational perspective as well as to contribute broadly to the strategic direction of our company," said Mr. Deacon. "She has a passion for innovation and a great track record leading global transformation initiatives and developing high-performing teams."

Most recently, Ms. Chakar was with BNY Mellon as EVP & Head of eCommerce, Strategy and Research and Financial Market Infrastructure. In her 27-year career leading global asset servicing teams and various business lines, she was based in BNY Mellon's Boston, Amsterdam, London and New York locations. She began her career in Global Operations at State Street in Boston. Ms. Chakar holds a Bachelor of Arts in Economics from Boston University.

About Manulife

Manulife Financial Corporation is a leading international financial services group providing forward-thinking solutions to help people with their big financial decisions. We operate as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. At the end of 2015, we had approximately 34,000 employees, 63,000 agents, and thousands of distribution partners, serving 20 million customers. At the end of December 2015, we had $935 billion (US$676 billion) in assets under management and administration, and in the previous 12 months we made more than $24.6 billion in benefits, interest and other 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. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. Follow Manulife on Twitter @ManulifeNews or visit www.manulife.com or www.johnhancock.com.

SOURCE Manulife Financial

Beth McGoldrick, [email protected], [phone], http://www.manulife.com