In Good Company

Canada's Manulife hums an Asian tune

The insurance firm now operates in 13 Asian markets and makes 40 per cent of its business profits in the region, up from 30 per cent four years ago

Chief executive Roy Gori aims to make Manulife Financial the most digital, customer-centric company in the insurance industry. ST PHOTO: ONG WEE JIN
New: Gift this subscriber-only story to your friends and family

Many big-name Western firms eyeing the big Asia opportunity have tended to base their chief executives in the region; Mr Jean-Pascal Tricoire runs Schneider Electric from Hong Kong. So was Mr Kevin Sneader based in the territory, when he was global managing partner for McKinsey.

On the other hand, when Canada's biggest insurer needed a chief executive to run its global business out of Toronto, it simply reached out to an executive who'd hitherto spent his working life in Asia and Australia.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.