Kai Sotorp appointed head of Manulife AM

Manulife has announced that Kai Sotorp has been appointed president and CEO of Manulife Asset Management and executive vice president and global head of Wealth and Asset Management.

Read: An uncommon approach to stock selection

Sotorp has 25 years of international financial services and asset management experience, including extensive experience in Asia. He’ll be responsible for growing and developing the firm’s wealth and asset management operations globally.

His appointment is effective on or about July 1, 2014. He’ll be based in Toronto.

Also read:

Primer on private equity

Manulife simplifies UL, changes advisor comp

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.