2010 News Releases

TORONTO – Gail Cook-Bennett, Chair of the Board of Directors of Manulife Financial Corporation today announced that the Board has decided to establish a separate Audit Committee and Risk Committee of the Board. As a result of the increased volatility in the financial markets since September 2008 and the changing risk environment, the Board of Directors has increased, and intends to continue to increase, its focus on risk oversight.   

It is anticipated that the first Risk Committee meeting will be held on April 7, 2010 and the first meeting of the newly constituted Audit Committee will be held on May 5, 2010.

The following are the members of the newly constituted committees:

About Manulife Financial

Manulife Financial is a Canadian-based financial services group serving millions of customers in 22 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers customers 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 Cdn$440 billion (US$420 billion) as at December 31, 2009. 

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.  

Media inquiries: 

David Paterson
416-852-8899
david_paterson@manulife.com

Laurie Lupton
416-852-7792
laurie_lupton@manulife.com 

Investor Relations

Amir Gorgi
416-852-8311
amir_gorgi@manulife.com