Manulife Financial, a Canadian-based financial services group, has appointed Peter Bethlenfalvy as new senior vice president, financial regulations.
In this new role, Bethlenfalvy will be responsible for strategy and monitoring of financial regulatory systems across the world.
Prior to joining Manulife, Bethlenfalvy was co-president of DBRS, a provider of credit rating opinions across financial institutions, corporate entities, government bodies and other structured finance groups.
He also led a team that developed a sovereign rating franchise, including newly solicited ratings for Brazil, India, Chile, Mexico, the UK and Ireland.
Prior to DBRS, he led his own consulting firm providing cross-border investment banking advice to Canadian and US clients.
Previously, he worked for 17 years in positions of increasing responsibility at TD Bank Financial Group, culminating with six years as president and chief operating officer of TD Securities USA.
Manulife Financial senior executive vice president and chief financial officer Michael Bell said Bethlenfalvy’s global financial expertise and strong capital and regulatory experience will be a great asset to the company.