John Hancock Financial, the US division of Manulife Financial Corporation, named Sebastian Pariath as head of John Hancock Operations. In this new role, Pariath will report to Craig Bromley, president of John Hancock Financial. Since January of 2012, Pariath has served as vice president, Transformation Initiatives, Global Services, for Manulife Financial in Toronto, where he led a team charged with transforming the global information services organization into a global service-oriented team structure. Prior to that, he served as vice president & managing corporate officer, Information Services & Insurance Operations, for Manulife Life Insurance Company, Ltd., in Tokyo. Pariath joined Manulife Life Insurance Company, Ltd., in Tokyo, in May of 2005, as chief architect & assistant vice president, responsible for information technology operations. Previously he worked at Prudential & Aoba Life Insurance Company, Ltd., in Tokyo, at the Union Bank of Switzerland in Singapore and Tokyo, and at Modi Olivetti in Mumbai. He holds a Bachelor of Engineering (Honors) in electronics from Mumbai University, India.
In other news:
Assurant Health, appointed Mike Hamilton as senior vice president, chief sales officer.
Hamilton will be responsible for enhancing and expanding the company’s distribution capabilities.
Hamilton most recently served as the CEO of his own consultancy, where he provided direction to businesses looking to build distribution and operational capabilities.
Prior to consulting, Hamilton served as president of Nationwide Retail Distribution/chief executive officer Nationwide Securities, LLC, and Nationwide Financial Network, where he created and implemented a distribution strategy, which involved integrating multiple distribution channels and implementing sales metrics. Hamilton also has served in leadership roles at Merrill Lynch, North American Financial Corporation and Jackson National Life.
Prior to his career in financial services, Hamilton served as a captain in the Armored Cavalry division of the U.S. Army, earning a Bronze Star for valor, the Kuwaiti Liberation Medal and a Presidential Citation during Desert Storm. He holds a Bachelor of Science degree in business administration from Norwich University in Northfield, Vt.