An industry giant has just announced a new President/CEO and executive vice president of institutional markets.
Charles Guay will become Manulife’s President and Chief Executive Officer, in Quebec and Executive Vice President, Institutional Markets, for Canada.
Guay will take over following the successful completion of the acquisition of the Canadian-based operations of Standard Life, which is expected to close in the first quarter of 2015.
In the newly-created role of President and Chief Executive Officer, Manulife Quebec, Guay will be responsible for developing and implementing a strategy to significantly increase Manulife's presence, visibility and impact in the province.
In his role as Executive Vice President, Institutional Markets, he will lead the Canadian Division's Group Benefits, Group Savings and Affinity Markets business nationally. He will be responsible for furthering Manulife's leadership position in that sector. Guay succeeds Rick Brunet, who will focus solely on the critical role of leading the integration of Standard Life Canada.
"Charles is well known in the industry from his great work at Standard Life," said Marianne Harrison, Senior Executive Vice President and General Manager, Canadian Division. "Our customers and distribution partners will benefit from his experience in the institutional business, and he will provide proven leadership to our team."
Guay will take over following the successful completion of the acquisition of the Canadian-based operations of Standard Life, which is expected to close in the first quarter of 2015.
In the newly-created role of President and Chief Executive Officer, Manulife Quebec, Guay will be responsible for developing and implementing a strategy to significantly increase Manulife's presence, visibility and impact in the province.
In his role as Executive Vice President, Institutional Markets, he will lead the Canadian Division's Group Benefits, Group Savings and Affinity Markets business nationally. He will be responsible for furthering Manulife's leadership position in that sector. Guay succeeds Rick Brunet, who will focus solely on the critical role of leading the integration of Standard Life Canada.
"Charles is well known in the industry from his great work at Standard Life," said Marianne Harrison, Senior Executive Vice President and General Manager, Canadian Division. "Our customers and distribution partners will benefit from his experience in the institutional business, and he will provide proven leadership to our team."