Tsun-yan Hsieh appointed to Manulife Board of Directors

TSX/NYSE/PSE: MFC    SEHK:945 

TORONTO, Oct. 3, 2011 /PRNewswire/ - Manulife Financial Corporation and The Manufacturers Life Insurance Company announced today that Tsun-yan Hsieh has been appointed to their Boards of Directors, effective October 1, 2011.

Mr. Hsieh, a resident of Singapore, has extensive experience in international business, leadership development and corporate transformation. During his 30-year career with McKinsey & Co, he founded the McKinsey Center for Asian Leadership and worked with clients in more than 30 countries and industries.  Mr. Hsieh is a director of Sony Corporation and Bharti Airtel Limited. He is a member of the Management Advisory Board at the School of Business and an adjunct professor of leadership at the Lee Kuan Yew School of Public Policy, both at the National University in Singapore. Mr. Hsieh is also the Chairman of LinHart Group Pte Ltd., a firm he founded to provide leadership counseling. He earned a Bachelor of Science in Mechanical Engineering from the University of Alberta and holds a Master of Business Administration from Harvard.

"Tsun-yan Hsieh has a deep understanding of how organizational dynamics and leadership development contribute to companies' success in realizing their strategic goals. This experience, coupled with his knowledge of Asian and international business will be a great asset to Manulife," said Manulife Chair Gail Cook-Bennett. "We are delighted to welcome Tsun-yan to our Boards."

About Manulife Financial
Manulife Financial is a leading Canadian-based financial services group operating in 21 countries and territories worldwide. For more than 120 years, clients have looked to Manulife for 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 provide asset management services to institutional customers worldwide as well as reinsurance solutions, specializing in property and casualty retrocession. Funds under management by Manulife Financial and its subsidiaries were Cdn$481billion (US$498 billion) as at June 30, 2011. 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 www.manulife.com.

SOURCE Manulife Financial