Our Audit Committee is responsible for assisting the Board of Directors in overseeing Manulife’s internal control over financial reporting. They ensure the effectiveness of risk management and compliance practices and evaluate the performance, qualifications, and independence of the independent auditor. In addition, the committee monitors the performance of Manulife’s internal audit function, as well as the Finance, Actuarial, and Global Compliance functions.

The committee also plays a crucial role in ensuring Manulife’s compliance with legal and regulatory requirements. Beyond financial oversight, it also acts as the Conduct Review Committee. It helps the Board of Directors with oversight in areas such as conflicts of interest, the handling of confidential information, customer complaints, and transactions involving related parties.

Our Governance Committee identifies individuals qualified and suitable to become board members and recommends to the board the director nominees for each annual meeting of shareholders. Members of the Governance Committee also assist the board in overseeing the development of Manulife’s corporate governance policies, practices and processes; the effectiveness of the board of directors, its committees and the chairs of those committees and the contributions of individual directors.