Canada-based Manulife Financial has appointed Paul Rooney as its chief operating officer (COO) and senior executive vice president.
His appointment becomes effective from 1 January 2013 and he will report directly to Manulife President and CEO Donald A. Guloien.
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Manulife Financial said Rooney’s successor as general manager of its Canadian Division has already been identified. His successor is expected to be named soon.
Rooney will have responsibility for the following functions in his new role: corporate strategy, corporate development, capital solutions, human resources, branding and communications, information services, procurement, and global resourcing.
Guloien said Rooney was "an obvious choice" for the COO role since he has the trust and confidence of his peers and a track record of success.
