Manulife announced that Charles Guay, Executive Vice President and General Manager, Institutional Markets, Manulife Canada and President and CEO, Manulife Quebec, will be succeeded by Sue Reibel as Executive Vice President and General Manager of Institutional Markets in June 2016. A search is under way for a new leader for Manulife in Quebec. Sue Reibel will assume her new duties in June 2016.

Sue has spent 13 years in the institutional business and brings extensive expertise in pension reform and drug benefits as well as experience in leading the integration of large businesses. She currently leads the Consumer Solutions team which is responsible for growing Manulife's relationship with current customers and working directly with Canadian consumers to meet their financial needs with innovative, simple solutions. Reibel will be based in Waterloo.