John Hancock Funds has named Andrew Arnott as chief operating officer, the Boston Globe reports. He will also act as a senior vice president of Manulife Financial Corporation, the parent company of Hancock Financial. The change is effective immediately.

Arnott has been with Hancock since 1993. He served as vice president of product management and strategic planning for John Hancock Funds.

A John Hancock spokesperson was not immediately available for comment. 

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