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 govt vice chairman and world 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. Prior to assuming the function of CFO, Simpson was Aviva’s director of investor relations for 2 years in 2013.
In addition to his roles at Aviva, Simpson beforehand held govt roles at Goldman Sachs and Bear Stearns Investment Bank. He additionally served in actuarial roles on the Reinsurance Group of America and Gen Re.
Insurance Business Canada ranked Manulife as Canada’s largest insurance coverage firm. At the tip of 2021, the corporate had complete belongings of $917.6 billion, with gross written premiums of $44.3 billion. Apart from Canada and the US, Manulife additionally operates in Asia and Europe; in 2021, the corporate had greater than 38,000 employees, 119,000 brokers, and 1000’s of distribution companions, and served over 33 million clients.