Manulife's Chair and Controller Named to Canada's Most Powerful Women List
TSX/NYSE/PSE: MFC SEHK:945
TORONTO, Dec. 5, 2012 /CNW/ - Each year WXN celebrates a select group of
outstanding women leaders for strong contributions to their chosen
organizations, fields of endeavour and their communities. The 2012's top
achievers were announced yesterday and included Manulife Financial's Gail
Cook-Bennett, Board Chair and Lynda Sullivan, Executive Vice President and
Dr. Cook-Bennett receives this award for her contributions to governance and
support of increasing Board diversity. She has also been a mentor to
board-ready women and lends her time and expertise to several not-for-profit
Recently Dr. Cook-Bennett worked with Manulife's board as they pledged to
increase the representation of women on the board of directors, joining a
national initiative called the Catalyst Accord that is designed to boost the
overall proportion of women on the boards of Canada's largest companies. "We
are committed to attracting directors with excellent relevant skills and
experience, with the highest level of integrity and judgment," said Dr.
Cook-Bennett. "Manulife's existing diverse board is the result of our
commitment to find excellent directors whose backgrounds also fit the
company's strategic direction and business challenges. We have demonstrated
that outstanding women meeting our demanding criteria are available."
Dr. Cook-Bennett added, "Manulife is an incubator of top executive talent and
it is wonderful to share this honour with Lynda Sullivan. I am confident that
many of Manulife's top executives will be in demand on boards in the future."
Ms. Sullivan is being recognized for her contributions to the ongoing
development of international accounting standards that affect the global
insurance industry. Her dedication to simplicity and transparency in
financial reporting is essential in today's financial reporting environment.
She is also deeply committed to her ongoing mentorship of future leaders and
actively develops Manulife's human capital.
"I am very grateful and humbled to have been named again. To be recognized on
this distinguished list alongside Gail is a special honour," said Ms. Sullivan.
This is Dr. Cook-Bennett's third time being recognized in the Corporate
Directors category and Ms. Sullivan's second time being recognized by
"We're very proud that these women are being recognized not only for their
leadership within Manulife, but for their significant contributions outside
the Company," added Stephani Kingsmill, Executive Vice President of Human
Resources and Communications for Manulife Financial.
In addition to the WXN recognition, Manulife Financial was also recently
identified as a Top 100 Employer in Canada in October and Top 100 Employer for
Young People this past September.
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About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with
principal operations in Asia, Canada and the United States. In 2012, we
celebrate 125 years of providing clients strong, reliable, trustworthy and
forward-thinking solutions for their most significant financial decisions. Our
international network of employees, agents and distribution partners offers
financial protection and wealth management products and services to millions
of clients. We also provide asset management services to institutional
customers. Funds under management by Manulife Financial and its subsidiaries
were C$515 billion (US$523 billion) as at September 30, 2012. The Company
operates as Manulife Financial in Canada and Asia and primarily as John
Hancock in the United States.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and
under '945' on the SEHK. Manulife Financial can be found on the Internet at
Media contact: Tracy Van Kalsbeek Manulife Financial
SOURCE: Manulife Financial Corporation
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-0- Dec/05/2012 16:01 GMT
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