Manulife announced that Paul Lorentz has been appointed Head, Global Wealth and Asset Management. His appointment is effective October 1, 2017, and he will report to Warren Thomson, the company's Chief Investment Officer. Lorentz will join company's Executive Committee.

Kai Sotorp, Head, Global Wealth and Asset Management, has decided to retire but he will work with Lorentz over the next three months. Naveed Irshad has been appointed Head, North America Legacy Business, effective January 1, 2018. Irshad currently serves as the CEO of Manulife Singapore and his career with Manulife spans 20 years.

Irshad will report jointly to the heads of Manulife's U.S. and Canadian businesses and will join Manulife's Executive Committee. Steve Roder, the company's Chief Financial Officer, has decided to retire for personal reasons, effective December 31, 2017. Philip Witherington, currently the interim President and CEO of Manulife Asia, has been appointed Manulife's Chief Financial Officer, effective January 1, 2018, subject to immigration approvals.

Anil Wadhwani has been appointed President and CEO of Manulife Asia, effective November 13, 2017. Marianne Harrison has been appointed President and CEO of John Hancock, Manulife's U.S. business, effective October 1, 2017. Michael Doughty has been appointed President and CEO of Manulife Canada, also effective October 1, 2017.