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Manulife Financial's National Accounts Department to Service Broker/Dealers with Single Liaison.

Business Editors

BOSTON--(BUSINESS WIRE)--April 17, 2001

Manulife Financial has introduced the National Accounts Department to help make conducting business with the financial services firm easier for NYSE and NASD broker/dealer home offices. The Department provides product and service information on Manulife's variable life, variable annuity and pension offerings through a single contact.

"Financial intermediaries are critical to our distribution efforts, and we saw the need to make it easier for their broker/dealers to do business with us," said John D. DesPrez III, Executive Vice President, U.S. Operations for Manulife Financial. "The National Accounts Department enables us to enhance and deepen the relationships we have with broker/dealers while providing a higher level of service."

The National Accounts Department represents Manulife Financial to a focused group of broker/dealer firms. Bill Burrow, Vice President, Executive Director National Accounts for Manulife Financial, leads a team of eight Directors responsible for working closely with Manulife's Annuity, Group Pensions and Insurance Divisions to provide broker/dealers with easy access to Manulife Financial and all of its products.

"Working with each business line to provide a common voice in the broker/dealer home office community offers our financial partners the ease of doing business with one Manulife representative and allows Manulife to both assess and service the needs of these firms more effectively," said Robert T. Cassato, President and CEO of Manulife Wood Logan, the wholesale marketing and distribution arm of Manulife Financial's Annuity Division.

Manulife Financial is committed to offering the highest quality annuity, life insurance, and pension products to its U.S. clients. Its family of products has been built around a powerful combination of investment options chosen with the goal of providing risk-adjusted returns and broad diversification across asset classes, investment styles, and asset managers. With its broad product lines, competitive underwriting, excellent ratings, and quality customer service, Manulife is committed to providing premium products designed to help create and preserve wealth for its clients.

Manulife Financial is a leading Canadian-based financial services company operating in 15 countries and territories worldwide. Through its extensive network of employees, agents and distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial (Manulife Financial Corporation and its affiliated companies) were US $82.3 billion (Cdn$123.5 billion) as at December 31, 2000.

Manulife Financial Corporation trades as `MFC' on the TSE, NYSE and PSE, and under `945' on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

Manulife Financial and the block design are registered service marks of The Manufacturers Life Insurance Company and are used by it and its affiliates including Manulife Financial Corporation.
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Publication:Business Wire
Date:Apr 17, 2001
Words:454
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