Donald Guloien

Donald A. Guloien
President & CEO of Manulife
Assumed office
2009
Personal details
Born Donald Arthur Guloien
Parry Sound, Ontario, Canada
Spouse(s) Irene Ann Boychuk
Alma mater University of Toronto

Donald Arthur Guloien is a Canadian business executive. He is the President and CEO of the financial services company, Manulife, the largest insurance company in Canada.[1][2]

Biography

Early life and education

Guloien was born in Parry Sound, Ontario, and lived in Sarnia, Ontario before he settled in Toronto. His father was a professional engineer.[3]

He graduated from Silverthorn Collegiate Institute and earned a Bachelor of Commerce degree from the University of Toronto in 1980.

Career

Guloien joined Manulife in 1981 as a research analyst and progressed through several leadership positions in both the Canadian and U.S. divisions. In 1990, he became Vice President, U.S. Individual Business, where he was responsible for the operations of Manulife's individual insurance and annuity business in the United States.[4]

From 1994 to 2001, he led Manulife’s business development unit, spearheading a number of key acquisitions, divestitures and strategic initiatives, including the merger of Manulife with North American Life Assurance Company; the sale of Manulife’s U.K. business; Manulife’s conversion from a mutual life insurance company to a publicly traded stock company, and its Initial Public Offering, which was the largest in Canadian history at the time; and Manulife’s entry into Japan.[5]

From 2001 to 2009, Guloien served as Chief Investment Officer, where he was responsible for Manulife's worldwide investment operations. He spearheaded the growth of Manulife Asset Management into becoming a global leader in wealth management services, including retail mutual funds, pension funds, and endowments, and oversaw the integration in 2004 of John Hancock Financial's investment operations.

In June 2007, his portfolio was expanded to add responsibility for the company’s Asian insurance operations in Japan, China, Hong Kong, Indonesia, the Philippines, Singapore, Taiwan, Vietnam, Malaysia, Thailand and Macau, businesses which account for roughly one-third of Manulife’s global footprint.

On May 7, 2009, he was appointed President and CEO of Manulife.[6]

In May 2017, it was announced that Guloien would retire as CEO of Manulife, with Guloien being replaced by Roy Gori as of October 1, 2017. [7]

Personal life

Guloien is married and has two children. [8]

References

  1. ↑ "Company Management". Manulife.com. Manulife. Retrieved 2 August 2016.
  2. ↑ "Top 30 Insurance Companies in Canada". Banks around the World. relbanks.com. Retrieved 2 August 2016.
  3. ↑ Reynolds, Christopher (December 5, 2015). "Toronto couple offers $1.2-million matching gift to United Way". Toronto Star. Retrieved 2 August 2016.
  4. ↑ Children, The Hospital for Sick. "Donald Guloien". www.sickkids.ca. Retrieved 2017-02-10.
  5. ↑ "Donald Guloien". www.internationalinsurance.org. Retrieved 2017-02-10.
  6. ↑ "Leadership page". Manulife. Retrieved 14 August 2016.
  7. ↑ "Manulife CEO Donald Guloien retiring in September". BNN. Retrieved 14 July 2017.
  8. ↑ "Don Guloien: 'Turning around a big ship'". The Globe and Mail. May 25, 2012. Retrieved April 10, 2017.
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