Manulife Asset Management has enhanced its global product development team with the appointment of two directors of product development. The asset management firm has hired Patricia Carrington as director of product development in the U.S. and Mark Bankay as director of product development in Canada.

With immediate effect, Carrington will be responsible for the firm’s U.S. institutional and sub-advisory product development efforts, while Bankey will be responsible for the firm’s Canadian institutional and sub-advisory product development efforts. Carrington is joining Manulife from Deutsche Asset Management, while Bankay is coming from Hartford Investments Canada.

Click here for the release from PR Newswire.