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John Hancock – the US-based operations of Canadian life insurer Manulife – has appointed Colin Simpson (pictured) as its latest chief monetary officer.
As CFO, Simpson will report back to Manulife senior government vice chairman and international CFO Philip Witherington.
Simpson has greater than 20 years of expertise within the business. He joins John Hancock from Aviva, the place he most just lately served because the interim group CFO. Simpson served as Aviva’s CFO in Canada from 2016. Previous to assuming the function of CFO, Simpson was Aviva’s director of investor relations for 2 years in 2013.
Along with his roles at Aviva, Simpson beforehand held government roles at Goldman Sachs and Bear Stearns Funding Financial institution. He additionally served in actuarial roles on the Reinsurance Group of America and Gen Re.
Insurance coverage Enterprise Canada ranked Manulife as Canada’s largest insurance coverage firm. On the finish of 2021, the corporate had complete belongings of $917.6 billion, with gross written premiums of $44.3 billion. Other than Canada and the US, Manulife additionally operates in Asia and Europe; in 2021, the corporate had greater than 38,000 workers, 119,000 brokers, and 1000’s of distribution companions, and served over 33 million prospects.
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