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Manulife Financial CEO Donald Guloien
Manulife Financial CEO Donald Guloien
(ADRIEN VECZAN/REUTERS)

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Manulife’s Guloien in hot seat on investor day

The market has questions about how Manulife Financial Corp. plans to meet its new profit goal. And Manulife’s chief executive officer, Don Guloien, will be in the hot seat at the company’s annual investor day Thursday to show skeptical investors and analysts his new earnings targets are realistic.

The country’s largest life insurer has pushed back its goal of making $4-billion in profit to 2016 from 2015, and also changed the way it will measure those earnings. While many analysts had expected changes, they are looking for clues to how it will meet those targets.