John Hancock Financial Services has named James R. Boyle president, in charge of all phases of the company’s businesses, including life insurance, long-term care insurance, variable annuities, 401(k) plans, fixed products and mutual funds, the John Hancock financial network and investment management services.

Boyle was previously president of the U.S. insurance division, and, before that, president of U.S. wealth management. Prior to joining John Hancock in 1992, Boyle worked for PricewaterhouseCoopers.

He succeeds John D. DesPrez III who was recently named chief operating officer of parent company Manulife.

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