Craig Bromley is President of John Hancock Financial Services, the U.S. division of Toronto-based Manulife Financial Corporation. He also is a member of Manulife’s Executive and Management committees.
Mr. Bromley, who is based in Boston, directs all aspects of John Hancock’s operations. The company’s core businesses include Life Insurance, Long-Term Care Insurance, Mutual Funds, 401(k) plans, Annuities, and John Hancock Financial Network.
John Hancock has industry leading positions in key businesses including number one in small case 401(k) plans and variable life insurance sales, number two in universal life insurance sales, number three in individual long-term care insurance sales and number six in mutual funds, college savings and total life insurance sales.* Total premiums and deposits for the year from John Hancock were $35.6 billion or 53% of Manulife’s overall 2011 premiums and deposits. Funds under management by John Hancock were $276.2 billion, 56% of the total funds under management by Manulife and its subsidiaries as of Dec. 31, 2011.
Before taking on his current role in 2012, Mr. Bromley led Manulife’s business in Japan — the world’s second largest insurance market — as President and Chief Executive Officer of Manulife Japan. Under his leadership, Manulife Japan built a solid business and achieved substantial growth through the expansion of product offerings and distribution channels. Mr. Bromley previously was Deputy President/Chief Financial Officer and Chief Risk Officer of Manulife Japan.
Before taking on his roles in Japan, Mr. Bromley, who joined Manulife in 2000, served in Canada as Senior Vice President, Business Development and Investor Relations. In this role, Mr. Bromley was responsible for Manulife’s merger and acquisition (M&A) activity, including leading Manulife’s merger with John Hancock in 2004. Mr. Bromley also worked on a number of other transactions, including the acquisition of Daihyaku in Japan, Commercial Union in Canada, as well as other Canadian acquisitions, and supported regional business development activities in Asia. He also was responsible for investor relations as well as managing the Company’s relationship with rating agencies.
Before joining Manulife, Mr. Bromley was Assistant Vice President, Business Development for Canada Trust. He also worked in management consulting and with the Ontario Government.
Mr. Bromley holds a Masters of Business Administration through a joint bilingual program of York University and Laval University and a B.A. in Economics from the University of Western Ontario.
About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a unit of Manulife Financial Corporation, a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. In 2012, John Hancock celebrates 150 years of serving clients across the United States, while Manulife celebrates its 125th anniversary. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were C$500 billion (US$491 billion) as at December 31, 2011. 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.
The John Hancock unit, through it insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance.
Additional information about John Hancock may be found at www.johnhancock.com.
*401(k) based upon plans among insurance companies, mutual fund companies and banks (2011 CFO Magazine 401(k) Provider Guide Study, May 2011); Variable, Universal and Total Life based on 100% of Recurring Premium plus 10% of Single Premium plus 10% of Excess Premium (LIMRA, 12/31/11 YTD); Individual LTC based on new sales (LIMRA, 12/31/11 YTD); Mutual Funds Source: Strategic Insight Simfund. Based on Strategic Insight’s estimated net new flows of open-end mutual funds, excluding money market funds and 529 share classes, within the non-proprietary channel as defined by Strategic Insight (12/31/11); College Savings is based on advisor sold, 529 plans ranked by assets (FRC, 12/31/11)