Tokyo - Manulife Life Insurance Company (Manulife Japan) has appointed Koichiro Yoshizumi to the position of Vice-President, overseeing the Company’s Managing General Agency (MGA) Department, effective February 1, 2007.
Mr. Yoshizumi, who recently joined the Company, has had a long and successful career in corporate market business development. He excelled in a career at the forefront of insurance sales at a domestic insurer where he served in various positions, including Manager overseeing the Business Promotion Department at the firm’s head office. There, he contributed to business expansion through the development and enhancement of certified tax accountant and certified public accountant channels. Moving to a foreign life insurer as head of a division in charge of the Independent Agency (IA) business, he activated agencies affiliated with major financial institutions and increased their penetration of the corporate market. At Manulife Japan, Mr. Yoshizumi will lead the MGA Department, with the goal of expanding its business focusing on small and medium-sized enterprises (SME) and high net-worth customers through the establishment of a high-quality and effective IA organization.
Effective February 1, 2007
|New Title||Old Title||Name|
Manulife Life Insurance Company (“Manulife Japan”), a member company of the Manulife Financial group, holds the highest level "AAA" credit rating from Standard & Poor’s, one of the world’s most reliable credit rating agencies (as of December, 2006).
Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$381 billion (US$341 billion) as at September 30.
Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com. Manulife Japan can be found on the Internet at www.manulife.co.jp.
- 30 -
For information related to this press release please contact:
Manulife Life Insurance Company