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2012 News Releases

For Immediate Release

October 8, 2012

George Chew appointed Chief Executive Officer of Manulife Insurance Berhad

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

About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. In 2012, we celebrate 125 years of providing clients strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$514 billion (US$504 billion) as June 30, 2012. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States. 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 manulife.com.

Media Contact:
In Malaysia
Amy Loke
Manulife Insurance Berhad
Tel: (03) 2719 9228 (ext 688)
Fax: (03) 2094 8139
Amy_SP_Loke@Manulife.com
In Asia
David Norris
Manulife Financial, Regional Communications
Tel: (852) 2202-1749
David_Norris@Manulife.com