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John Hancock, Voya Name New Investment Division Leads
Kristie Feinberg will take over as head of Manulife Investment Management in U.S., Europe, and John Hancock Investment Management; Barbara Reinhard named CIO of Voya’s investment arm.
Manulife Investment Management, owner of John Hancock Investment Management, and Voya Investment Management both named new heads this week.
Manulife Financial Corp., which owns John Hancock Financial, announced Wednesday that Kristie Feinberg will head Manulife’s investment management arm in the U.S. and Europe, along with serving as president and CEO of John Hancock Investment Management. Feinberg’s role was effective on May 1, according to the Boston-based wealth and asset management division.
“The choices available to our investors made possible through our unique multimanager model, our private markets and alternative investments capabilities, and our retirement solutions for sponsors and participants bring a full spectrum of opportunity to create and build portfolios,” Feinberg said in a statement.
Feinberg succeeds Andrew Arnott, who will now be global head of retail at Manulife Investment Management. Arnott had been head of U.S. and Europe for Manulife Investment Management since 2018 and president and CEO of John Hancock Investment Management since 2012.
“To support our global growth plans, Andy will now focus on enhancing value for our retail customers and intermediaries globally,” Paul Lorentz, CEO of Manulife Investment Management, said in a statement. “Kristie will bring her on-the-ground knowledge and asset management acumen to her new role, which will benefit from her deep background in finance to align with our growth strategy.”
Feinberg joined Manulife Investment Management in 2021 from Invesco, where she served as both CFO and global head of treasury. Before that, she was corporate treasurer and business controller at Oppenheimer Funds.
This March, Brooks Tingle was named CEO of John Hancock, replacing Marianne Harrison, who had been in the role for 20 years.
Reinhard Takes Voya CIO Role
Voya Investment Management, the asset management business of New York-based Voya Financial Inc. overseeing $316 billion in client assets, announced Tuesday that Barbara Reinhard will take over as chief investment officer and head of asset allocation for Voya IM’s multi asset strategies and solutions platform, effective November 1. Reinhard will succeed Paul Zemsky, who will retire at the end of 2023, and will report to Matt Toms, global chief investment officer at Voya IM.
“Barbara is a seasoned investment professional with 30 years of investment experience,” Toms said in a statement. “She is well respected both within our industry and with our clients.”
Toms credited Zemsky with growing the division’s business to more than $31 billion in assets and being instrumental in the creation the unit’s culture.
Reinhard joined Voya IM in 2016 and most recently served as head of asset allocation. She is also a portfolio manager on Voya IM’s target-date and multi-asset strategies. Prior to joining Voya IM, Reinhard was a managing director and chief investment officer in Credit Suisse’s private banking division.
“We are focused on the needs of our clients and investing in our firm,” Toms said. “Equally important, we want to prioritize the continuity of our portfolio management teams while elevating the next generation of our leaders—both of which we have done today.”