Kuala Lumpur - Manulife Insurance Berhad (Manulife Malaysia), a subsidiary of public-listed Manulife Holdings Berhad is pleased to announce the appointment of George Chew as its new Chief Executive Officer, effective 28 September 2012. Mr. Chew’s primary task is to develop and grow the company’s position in the Malaysian insurance industry.
Prior to his appointment, Mr. Chew served as Head of Individual Financial Products in Manulife Hong Kong, responsible for the growth and development of individual financial products and services. He has also served in numerous senior posts with a number of other major multinational insurance companies, including as Sales Director for an UK-based insurer in Singapore. In addition, Mr. Chew has also run his own online insurance business and been managing director of a timber company.
“I am pleased to have George Chew on board as the Chief Executive Officer of Manulife Insurance Berhad. He has been a pivotal member in Manulife Hong Kong, with great expertise in distribution management and product management. George’s leadership and vast experience will be vital in ensuring that Manulife’s Malaysia operations are in tune with our long-term plans for the company’s overall ASEAN expansion,” said Philip Hampden-Smith, Executive Vice President and General Manager of Manulife ASEAN Operations, Manulife Financial Asia Limited.
“It is a privilege to be here, and I look forward to working together with the senior management team to see through the company’s vision and mission – to position Manulife as the preferred life insurance company in Malaysia by providing best–in-class products and services centering on customers’ needs. With the current low penetration of life insurance at around 43%, I’m confident that there is still a big market to care for here” said Mr. Chew
About Manulife Malaysia
Manulife Insurance Berhad, a wholly owned subsidiary of Manulife Holdings Berhad, is part of Canada-based Manulife Financial Corporation. Manulife Insurance Berhad currently serves the needs of more than 290,000 policyholders. Through its subsidiary companies, the Manulife Group offers an innovative range of financial protection and wealth management products and services to meet different customer needs. Manulife Holdings Berhad has been listed on the Main Board of Bursa Malaysia since 1984. As at June 30, 2012 its assets under management were over RM3.7 billion. Manulife Malaysia can be found on the Internet at http://www.manulife.com.my
Manulife Insurance Berhad
Tel: (03) 2719 9228 (ext 688)
Fax: (03) 2094 8139
Manulife Financial, Regional Communications
Tel: (852) 2202-1749