Manulife appoints Don Lindsay as vice-chairman of the board

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TORONTO, November 11, 2022 /PRNewswire/ – Manulife today announced the appointment of Don Lindsay as Vice Chairman of the Board of Directors of Manulife Financial Corporation and The Manufacturers Life Insurance Company. John Cassaday will retire on February 15, 2023 after thirty years of distinguished service as a member of the Board of Directors and as Chairman for the past five years, at which time Don will become Chairman of the Board.

“We are delighted to announce that Don has been elected vice president and will be named chairman of the board when I step down,” Cassaday said. “Don has been a valued member of the Board of Directors for 12 years and has chaired the Management Resources and Compensation Committee for the past four years. He is an accomplished global business leader with proven leadership abilities. , including extensive experience in Asiaand has the confidence of the whole Council.”

“I look forward to continuing the close collaboration with Don and the Board as we seek to further our mission: Simplified Decisions. Better lives,” said Roy Gori, President and CEO of Manulife.

Mr. Lindsay recently retired after a successful 18-year career as Chairman and Chief Executive Officer of Teck Resources Limited, from Canada largest diversified mining, mineral processing and metallurgy company. His prior experience includes nearly two decades at CIBC World Markets Inc., where he eventually served as President after periods as Head of Investments and Corporate Banking and Head of Asia Pacific. Mr. Lindsay recently served as Chairman of the Business Council of Canada.

About Manulife

Manulife Financial Corporation is a leading international provider of financial services that helps people make decisions easier and live better lives. With our global headquarters in Toronto, Canadawe provide financial advice and insurance, trading as Manulife across Canada, Asiaand Europeand mainly as John Hancock in United States. Through Manulife Investment Management, the global brand of our Global Wealth and Asset Management business, we serve individuals, institutions and pension plan members around the world. By the end of 2021, we had over 38,000 employees, over 119,000 agents and thousands of distribution partners, serving over 33 million customers. We trade as “MFC” on the Toronto, New Yorkand Philippine stock exchanges and under ‘945’ in hong kong.

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SOURCE Manulife Financial Corporation

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