The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Hancock Shuffles Top Seats Not Rated 2.3 Email Routing List Email & Route  Print Print
Thursday, January 02, 2003

Hancock Shuffles Top Seats

by: Sean Hanna, Editor in Chief

John Hancock Financial Services today said that Michael A. Bell, the senior executive vice president who now runs the company's Retail Sector, will add all the insurer's individual and group businesses that also sell insurance, annuities and mutual funds to his duties. The promotion puts more than 60 percent of John Hancock's P & L responsibilities, according to David F. D'Alessandro, CEO and chairman.

Bell will now direct the company's mutual fund complex, its Canadian subsidiary, Maritime Life, and its international operations in China and Southeast Asia, according to press statement. He retains responsibility for the Retail Sector's operations including its customer service organization, all financial reporting associated with the sale of individual and group insurance products, Retail Information Technology Services and electronic commerce.

The insurer also consolidated its insurance and annuity sales, marketing and distribution operations under a new senior executive, James M. Benson, who joined the company on December 30, 2002. Benson, 56, takes the title of president of John Hancock Sales and Marketing and a corporate senior executive vice president.

Benson is responsible for all of the company's distribution channels, whether wholly-owned, such as Signator, Inc., or independent, like the M Financial Group, as well as direct brokerage. He will also manage the company's bank and broker-dealer distribution networks and will oversee the company's insurance and annuity product design, development and marketing operation.

Both Bell and Benson report to D'Alessandro.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use