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Manulife Asset Management names Mark Bandola and Les Young as MDs on institutional sales team

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Manulife Asset Management has named two new Managing Directors on its Canadian institutional sales team.

Mark K Bandola, CFA, joined the firm as Managing Director, responsible for institutional sales and business development in Western Canada, based in the firm’s Calgary office. Les J Young, meanwhile has been named Managing Director in charge of institutional sales in small and mid-markets across Canada, for clients with between USD5 million and USD100 million in assets. He is based in Manulife Asset Management’s Toronto office. The appointments were effective on 14 February.

Both new members of the team report to Adam Neal, Senior Managing Director and Canadian Head of Sales and Relationship Management.

"Mark and Les each fill new roles for Manulife Asset Management and will be very important to our success in executing our growth plan in Canada," says Neal. "We look forward to their contributions to our team as we expand our firm’s foothold in the Canadian institutional marketplace, and further strengthen relationships with our clients."

Bandola has more than 20 years of experience in the Canadian institutional market, working with Canadian plan sponsors and consultants. He was with Franklin Templeton Institutional, where he was Vice President, Business Development, Western Canada, for seven years. Prior to that, he held positions with Maritime Life Assurance, Jones Heward Investment Counsel (BMO Financial Group), and Sun Life Financial. He holds the Chartered Financial Analyst designation (CFA) and is a graduate of Simon Fraser University, B. Economics.

Young was formerly a Director, Fixed Income Product Management, and Marketing Manager with Manulife Asset Management over the past three years. In addition, Young has held various sales and product management positions with affiliates of Connor, Clark & Lunn Financial Group. He holds a Bachelor of Commerce from Dalhousie University.

 

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