Michael Doughty to lead John Hancock LTCI unit

Michael Doughty is taking over for Marianne Harrison as the executive responsible for overseeing the U.S. long-term care insurance (LTCI) operations of Manulife Financial Corp. (NYSE:MFC). 

Manulife has picked Harrison to become the general manager of its Canadian division.

John Hancock Financial, the Boston-based U.S. division of Manulife, has named Doughty to become executive vice president and general manager of the John Hancock Insurance unit.

Doughty already is the head of John Hancock Life Insurance. Before that, he was head of Manulife’s individual insurance business in Canada.