Manulife has announced that Sue Reibel will succeed Charles Guay as executive vice-president and general manager of Institutional Markets for Manulife Canada.

But, the search is still underway for the new president and CEO of Manulife in Quebec, a position that Guay also filled.

Guay took on both appointments in February 2015, following Manulife’s acquisition of the Canadian operations of Standard Life. Guay had been president and CEO of Standard Life Canada since 2012.

Reibel will assume her new duties in June 2016. She has 13 years of experience in institutional business, and specializes in areas such as pension reform and drug benefits. She currently leads Manulife’s Consumer Solutions team.