Kevin Adolphe was named president and CEO at Manulife Asset Management Private Markets, a new business unit at Manulife Financial, confirmed Manulife Financial spokeswoman Beverley MacLean in an e-mail.
The position is new. Mr. Adolphe will head up the reorganized business unit at Manulife that caters to multiple private asset classes.
Mr. Adolphe was global head of private asset management of Manulife Financial and president and CEO of Manulife Real Estate. He will retain his position at Manulife Real Estate. His position as global head of private asset management of Manulife Financial will not be replaced.