2010 News Releases

Opens Sta. Rosa City, Laguna branch office at One Evotech, Nuvali TechnoHub

Sta. Rosa City - Manulife Philippines today has opened a branch in Sta. Rosa City in Laguna, gaining further traction in its strategic expansion into more growth areas outside Metro Manila.

“This new office is further proof of our long-term commitment to expand our presence in the country in order to help more Filipino families with their most significant financial decisions through our portfolio of life insurance, savings and investment products and services,” said Indren Naidoo, President and Chief Executive Officer, Manulife Philippines.

The opening of the Manulife Sta. Rosa City branch comes at the heels of the launch of its Santiago City branch in Isabela province, Northern Luzon.  Manulife’s Sta. Rosa branch is housed at One Evotech, an office campus establishment located within the Nuvali TechnoHub.

Already, over 30 full-time, independently contracted agency leaders and sales associates are working with their clients through the Sta. Rosa City branch. With the addition of Sta. Rosa, Manulife now has 16 branches nationwide and more than 1,600 trusted professional agents across the country.

“We are continually looking for ways to further grow our operations. We can see that our expanding presence in Southern Luzon represents a step forward not only in terms of business reach, but also in terms of helping provide livelihood to self-starting individuals through the sale of life insurance, savings and investment products. Expanding our reach also enables our agents to make a difference in the lives of more Filipino families by providing products and services that help secure their financial future,” added Naidoo.

About Manulife

The Manufacturers Life Insurance Company opened its doors for business in the Philippines in 1907.  Since then, Manulife’s Philippine Branch and later The Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines) has grown to become one of the leading life insurance companies in the country.  Manulife Philippines is a wholly-owned domestic subsidiary of Manulife Financial Corporation, among the world’s largest, North America’s second largest, and Canada’s largest life insurance company by market capitalization.

Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 22 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 C$446 billion (US$440 billion) as at March 31, 2010.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.