People Moves

New Global Operations Head At Manulife

Farva Kaukab March 11, 2016

New Global Operations Head At Manulife

The Toronto-based financial services group has made another high-level appointment in the US.

Manulife has named Nadine Chakar senior vice president and global head of operations and data management in the investment division. 

Chakar was previously executive vice president and head of e-commerce, strategy and research and financial market infrastructure at BNY Mellon. She has 27 years of industry experience, having worked across BNY Mellon's Boston, Amsterdam, London and New York offices.

Based in Boston, Chakar will oversee the operations supporting Manulife Asset Management and affiliated wealth management clients, as well as general account assets. She will report to Tim Deacon, executive vice president and chief financial officer of Manulife's investment division.

Nadine brings to Manulife a wealth of leadership talent and expertise in leading global operations teams, and we are pleased that she has joined us to support our business growth from an operational perspective as well as to contribute broadly to the strategic direction of our company, said Deacon.

“She has a passion for innovation and a great track record leading global transformation initiatives and developing high-performing teams.” 

Earlier this week, Manulife appointed Pamela Kimmet to its board of directors and Diana Stockwell to its asset management arm as head of Latin American sales and relationship management. The group had C$935 billion ($676 billion) in assets under management at the end of 2015 and trades on stock exchanges in New York, the Philippines and Hong Kong.

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