Sue Reibel has been appointed chief executive officer for John Hancock’s U.S. retirement plan and recordkeeping business.
Reibel was previously Manulife Investment Management’s global head of retirement and replaces Patrick Murphy. According to a June 2 press release, Murphy, who had served as CEO of John Hancock Retirement since 2018, is on long-term medical leave and will be stepping away from the position to focus fully on his health and recovery.
“We are grateful to both Sue and Pat for their leadership up to and through this transition,” said Andrew G. Arnott, head of wealth and asset management, U.S. & Europe, Manulife Investment Management. “Pat has been instrumental in building this business for us and he’s left us well-positioned for growth as a proven resource for plan sponsors and financial professionals helping participants prepare for a secure retirement. Sue’s expertise and focus on the U.S. market will help to accelerate our momentum by utilizing her vast global and retirement experience.”
Reibel joined Manulife in 1994, and prior to leading the global retirement business, held numerous senior management roles there, including leading the Canadian Group Retirement and Group Benefits business, and establishing and leading the Canadian direct-to-consumer business.
“I look forward to leading the John Hancock Retirement team and to continuing John Hancock’s success,” said Reibel. “The retirement market remains core to John Hancock’s growth, and with more than 50,000 plans and 3 million participants we have a strong base from which to expand."
Reibel is a member of the global retirement leadership team and reports to Arnott. Currently based in Toronto, she will be relocating to the Boston area as soon as it is possible.
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