Stephanie Fadous Takes On Chief Actuary Role at Manulife Starting May 2025
In a significant leadership shift, Manulife Financial Corporation has appointed Stephanie Fadous as its new Chief Actuary, effective May 9, 2025. This appointment follows the recent promotion of Steve Finch to the position of President and Chief Executive Officer for Manulife Asia. Ms. Fadous's extensive background within the company positions her as a valuable asset to the Executive Leadership Team, reporting directly to Phil Witherington, the incoming President and CEO.
Currently, Ms. Fadous is serving as Manulife's Global Treasurer and Head of Capital Management. In this vital role, she has made remarkable contributions towards the development and execution of global funding programs, as well as managing the organization’s relationships with rating agencies and financial institutions. Prior to assuming her current role, she spearheaded the global implementation of the IFRS 17 and IFRS 9 accounting standards, showcasing her comprehensive knowledge and hands-on experience in finance and actuarial practices.
Ms. Fadous's career at Manulife also includes roles within the Global Finance, Group Actuarial, Corporate Development, and Asset Liability Management teams. Her educational credentials include a Bachelor of Science in Actuarial Science, along with being a Fellow of both the Canadian Institute of Actuaries and the Society of Actuaries, evidencing her expertise and proficiency in the field.
Commenting on Ms. Fadous's appointment, Roy Gori, Manulife's President and CEO, stated: "Stephanie's deep understanding of our company, commitment to leading with our values, and unwavering focus on continuous growth will serve her well as Chief Actuary." This sentiment is echoed by Phil Witherington, who highlighted her ability to drive meaningful outcomes that can strengthen the company's global team.
In conjunction with Ms. Fadous's elevation to Chief Actuary, Hung Ko, the current Global Head of Investor Relations, will transition into the role of Global Head of Treasury and Investor Relations. With over 20 years of experience in the insurance industry, Mr. Ko holds an MBA from McGill University and carries certifications as a CFA Charterholder and a Certified Public Accountant in Illinois, making him well-equipped to lead in this expanded role.
Founded in Toronto, Canada, Manulife is an international financial services powerhouse providing financial advice and insurance solutions to countless individuals, groups, and businesses worldwide. The company's operations span across Canada, Asia, and Europe, where it is known as Manulife, while in the United States, it operates under the John Hancock brand. As of the end of 2024, Manulife employs over 37,000 individuals and boasts more than 109,000 agents, serving upwards of 36 million customers. The company’s stock is publicly traded under the ticker symbol 'MFC' on the Toronto, New York, and Philippine stock exchanges, as well as '945' in Hong Kong.
This appointment marks a new chapter for both Stephanie Fadous and Manulife as they continue to navigate the complexities of the financial landscape while staying committed to their values and stakeholders. For more information, individuals may visit the company’s official website at www.manulife.com.
Currently, Ms. Fadous is serving as Manulife's Global Treasurer and Head of Capital Management. In this vital role, she has made remarkable contributions towards the development and execution of global funding programs, as well as managing the organization’s relationships with rating agencies and financial institutions. Prior to assuming her current role, she spearheaded the global implementation of the IFRS 17 and IFRS 9 accounting standards, showcasing her comprehensive knowledge and hands-on experience in finance and actuarial practices.
Ms. Fadous's career at Manulife also includes roles within the Global Finance, Group Actuarial, Corporate Development, and Asset Liability Management teams. Her educational credentials include a Bachelor of Science in Actuarial Science, along with being a Fellow of both the Canadian Institute of Actuaries and the Society of Actuaries, evidencing her expertise and proficiency in the field.
Commenting on Ms. Fadous's appointment, Roy Gori, Manulife's President and CEO, stated: "Stephanie's deep understanding of our company, commitment to leading with our values, and unwavering focus on continuous growth will serve her well as Chief Actuary." This sentiment is echoed by Phil Witherington, who highlighted her ability to drive meaningful outcomes that can strengthen the company's global team.
In conjunction with Ms. Fadous's elevation to Chief Actuary, Hung Ko, the current Global Head of Investor Relations, will transition into the role of Global Head of Treasury and Investor Relations. With over 20 years of experience in the insurance industry, Mr. Ko holds an MBA from McGill University and carries certifications as a CFA Charterholder and a Certified Public Accountant in Illinois, making him well-equipped to lead in this expanded role.
Founded in Toronto, Canada, Manulife is an international financial services powerhouse providing financial advice and insurance solutions to countless individuals, groups, and businesses worldwide. The company's operations span across Canada, Asia, and Europe, where it is known as Manulife, while in the United States, it operates under the John Hancock brand. As of the end of 2024, Manulife employs over 37,000 individuals and boasts more than 109,000 agents, serving upwards of 36 million customers. The company’s stock is publicly traded under the ticker symbol 'MFC' on the Toronto, New York, and Philippine stock exchanges, as well as '945' in Hong Kong.
This appointment marks a new chapter for both Stephanie Fadous and Manulife as they continue to navigate the complexities of the financial landscape while staying committed to their values and stakeholders. For more information, individuals may visit the company’s official website at www.manulife.com.
Topics Financial Services & Investing）
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