Manulife brings in four new directors

Manulife brings in four new directors | Insurance Business Canada

Life & Health

Manulife brings in four new directors

Two are already on board

Life & Health

By
Terry Gangcuangco

Manulife has made several changes to its board of directors.

New additions include Mike Durland and Don Kanak, whose appointments took effect on Tuesday, March 5.

Anna Manning and John Wong have been put forward as candidates for director positions, with their election set to occur during the company’s annual shareholder meeting on May 9.

Durland, formerly associated with The Bank of Nova Scotia, where he held the position of group head and chief executive of global banking and markets, is CEO of Melancthon Capital Corporation.

Kanak’s professional history, meanwhile, is marked by his extensive insurance experience in Asia. His most recent roles were with Prudential Holdings, following a 14-year stint at American International Group.

Manning is known for her previous role as president and chief executive of Reinsurance Group of America (RGA). Before RGA, she dedicated 19 years to Towers Perrin’s Tillinghast insurance consulting service. Wong’s career includes his time as senior partner and chairman of Greater China at Boston Consulting Group, where he continues to offer his expertise as a senior advisor.

“They are accomplished executives who bring a wealth of experience, including in the financial services and insurance industries, and extensive global and Asia market knowledge. We are fortunate to have them join the board.”

Upon their successful appointments and elections, the new members will join various committees within the board. Durland is set to contribute to the audit committee and the corporate governance and nominating committee. At the same time, Kanak will lend his know-how to the management resources and compensation committee and the risk committee.