Colin Purdie was named CIO, public markets at Manulife Investment Management and will succeed Christopher P. Conkey, effective Dec. 1.
Mr. Conkey will become a special adviser to the CEO when Mr. Purdie starts, focusing on the leadership transition and later special projects until his retirement at the end of 2024.
Mr. Conkey first joined Manulife in 2010 as CIO, global equities. He took on leadership responsibility for global fixed income in 2013 and the multiasset solutions team in 2015. In 2017, he was appointed as the firm's global CIO and head of public markets.
Mr. Purdie will lead public markets team and investment processes of the firm's equity and fixed-income strategies as well as risk management and ESG integration.
Based in London, Mr. Purdie will report to Paul Lorentz, president and CEO.
Manulife had C$839 billion ($619.4 billion) in assets under management as of Dec. 31.
Mr. Purdie was liquid markets CIO at Aviva Investors. Daniel McHugh, who was CIO of real assets, was named CIO in an expanded role, an Aviva spokesman confirmed.
