BOSTON, Aug. 23, 2012 /PRNewswire/ -- John Hancock Financial, the US division of Manulife Financial Corporation, has named James D. Gallagher as Executive Vice President, General Counsel and Chief Administrative Officer. An 18-year veteran of the company, Mr. Gallagher has served as Global Compliance Chief for Manulife since 2005. The appointment took effect August 1.
As General Counsel for John Hancock, Mr. Gallagher directs all legal and compliance operations. In his role as Chief Administrative Officer, he oversees John Hancock's Government, Public and Community Relations functions as well as Brand Management and Communications operations.
"As Global Compliance Chief, Jim has demonstrated exceptional judgment, leadership skills and legal abilities as he managed the vast array of complicated compliance requirements facing the company in all jurisdictions. We are very pleased to announce his appointment as General Counsel for John Hancock," said J-P. Bisnaire, Manulife's Senior Executive Vice President, Corporate Development and General Counsel.
Previously, Mr. Gallagher was General Counsel to Manulife USA. He also was President of John Hancock Trust, an investment company underlying variable insurance products with assets exceeding $30 billion. Prior to joining Manulife in 1994, he was Vice President and Associate General Counsel for the Canadian operations of Prudential Insurance Company of America. He also served as Assistant General Counsel for Prudential at its Newark, New Jersey headquarters.
He holds a BA in Political Science from St. Michael's College, University of Toronto, and a JD from Ohio Northern University's College of Law.
About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a unit of Manulife Financial Corporation, a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. In 2012, John Hancock celebrates 150 years of serving clients across the United States, while Manulife celebrates its 125th anniversary. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were C$514 billion (US$504 billion) as at June 30, 2012. 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 manulife.com.
The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at johnhancock.com.
SOURCE John Hancock Financial