TSX/NYSE/PSE: MFC
SEHK:945
TORONTO, Jan. 23, 2013 /CNW/ - Manulife Financial was recognized as
having the Best Overall Corporate Governance in the International
category at the annual Corporate Governance Awards held earlier this
month in New York.
This is the fifth year that Corporate Secretary, a leading U.S. governance and compliance publication, has celebrated
top companies and professionals in the corporate governance, compliance
and legal community for demonstrating innovation and best practices in
the field of governance.
Manulife's leadership in corporate governance, including board structure
and renewal, board effectiveness and company transparency and enhanced
disclosure were key factors for the panel of expert judges.
"We are deeply honoured by this recognition of our efforts," said Dr.
Gail Cook-Bennett, Manulife Financial's Board Chair. "The financial
crisis profoundly changed the world and collectively we responded to
ensure the company's success in the new environment."
Over the past few years, Manulife and its Board implemented several
significant corporate governance enhancements focusing on the Board's
diversity of skills and expertise, strategy and clear and transparent
disclosure.
This latest award builds on the recognition Manulife received in 2012 as
a Top 100 Employer in Canada and Top 100 Employer for Young People. Since 2002, Manulife has also received top scores for corporate
governance in the Globe and Mail's Board Games report and has been recognized as a publicly listed corporation with one of
the highest scores in the Institute of Corporate Directors' 2011 and
2012 Scorecard.
About Manulife Financial
Manulife Financial is a leading Canada-based financial services group
with principal operations in Asia, Canada and the United States.
Clients look 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 also provide asset
management services to institutional customers. Funds under management
by Manulife Financial and its subsidiaries were C$515 billion (US$523
billion) as at September 30, 2012. 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 manulife.com.
SOURCE: Manulife Financial Corporation
