Manulife Names Steve Finch Asia President and CEO
Manulife (MFC) has announced the appointment of Steve Finch as President and CEO of Manulife Asia, effective May 9th, 2025. Finch, currently serving as Chief Actuary, will succeed Phil Witherington, who has been promoted to Manulife's President and CEO.
Finch, a member of Manulife's Executive Leadership team since 2016, brings 32 years of experience with the company. His track record includes leading significant transformations, managing historic transactions for reserve validation, and overseeing the transition to IFRS 17 and IFRS 9 standards. Previously, he served as CFO of John Hancock and General Manager of US Life Insurance, where he led the business to become a market leader in life insurance sales.
The company has set ambitious goals for its Asian operations, targeting to contribute more than 50 percent of Manulife's core earnings. A successor for the Chief Actuary position will be announced later.
Manulife (MFC) ha annunciato la nomina di Steve Finch come Presidente e CEO di Manulife Asia, con effetto dal 9 maggio 2025. Finch, attualmente Chief Actuary, succederà a Phil Witherington, che è stato promosso a Presidente e CEO di Manulife.
Finch, membro del team di Leadership Esecutiva di Manulife dal 2016, porta con sé 32 anni di esperienza nell'azienda. Il suo percorso include la guida di trasformazioni significative, la gestione di transazioni storiche per la validazione delle riserve e la supervisione della transizione agli standard IFRS 17 e IFRS 9. In precedenza, ha ricoperto il ruolo di CFO di John Hancock e Direttore Generale delle Assicurazioni sulla Vita negli Stati Uniti, dove ha guidato l'azienda a diventare un leader di mercato nelle vendite di assicurazioni sulla vita.
L'azienda ha fissato obiettivi ambiziosi per le sue operazioni asiatiche, puntando a contribuire per oltre il 50 percento degli utili core di Manulife. Un successore per la posizione di Chief Actuary sarà annunciato successivamente.
Manulife (MFC) ha anunciado el nombramiento de Steve Finch como Presidente y CEO de Manulife Asia, con efecto a partir del 9 de mayo de 2025. Finch, que actualmente se desempeña como Chief Actuary, sucederá a Phil Witherington, quien ha sido promovido a Presidente y CEO de Manulife.
Finch, miembro del equipo de Liderazgo Ejecutivo de Manulife desde 2016, aporta 32 años de experiencia en la empresa. Su trayectoria incluye liderar transformaciones significativas, gestionar transacciones históricas para la validación de reservas y supervisar la transición a los estándares IFRS 17 e IFRS 9. Anteriormente, se desempeñó como CFO de John Hancock y Gerente General de Seguros de Vida en EE. UU., donde llevó al negocio a convertirse en un líder del mercado en ventas de seguros de vida.
La empresa ha establecido objetivos ambiciosos para sus operaciones en Asia, apuntando a contribuir con más de el 50 por ciento de las ganancias centrales de Manulife. Se anunciará un sucesor para la posición de Chief Actuary más adelante.
매뉴라이프 (MFC)는 스티브 핀치를 매뉴라이프 아시아의 사장 겸 CEO로 임명했다고 발표했습니다. 이 임명은 2025년 5월 9일부터 발효됩니다. 현재 최고 보험 수리사인 핀치는 필 위더링턴을 대신하게 되며, 필 위더링턴은 매뉴라이프의 사장 겸 CEO로 승진했습니다.
핀치는 2016년부터 매뉴라이프의 경영진 팀의 일원으로 활동하며 32년의 경력을 가지고 있습니다. 그는 중요한 변화를 이끌고, 준비금 검증을 위한 역사적인 거래를 관리하며, IFRS 17 및 IFRS 9 기준으로의 전환을 감독하는 등의 성과를 보였습니다. 이전에는 존 핸콕의 CFO이자 미국 생명보험의 총괄 매니저로 재직하며, 생명보험 판매에서 시장 리더로 성장시켰습니다.
회사는 아시아 사업을 위해 매뉴라이프의 핵심 수익의 50% 이상을 기여하는 것을 목표로 하는 야심찬 목표를 설정했습니다. 최고 보험 수리사 직위의 후임자는 추후 발표될 예정입니다.
Manulife (MFC) a annoncé la nomination de Steve Finch en tant que Président et CEO de Manulife Asia, à compter du 9 mai 2025. Finch, actuellement Chief Actuary, succédera à Phil Witherington, qui a été promu Président et CEO de Manulife.
Finch, membre de l'équipe de direction exécutive de Manulife depuis 2016, apporte 32 ans d'expérience au sein de l'entreprise. Son parcours inclut la direction de transformations significatives, la gestion de transactions historiques pour la validation des réserves et la supervision de la transition vers les normes IFRS 17 et IFRS 9. Auparavant, il a été CFO de John Hancock et Directeur Général des Assurances Vie aux États-Unis, où il a conduit l'entreprise à devenir un leader du marché dans les ventes d'assurances vie.
L'entreprise a fixé des objectifs ambitieux pour ses opérations en Asie, visant à contribuer à plus de 50 pour cent des bénéfices core de Manulife. Un successeur pour le poste de Chief Actuary sera annoncé ultérieurement.
Manulife (MFC) hat die Ernennung von Steve Finch zum Präsidenten und CEO von Manulife Asia bekannt gegeben, die am 9. Mai 2025 wirksam wird. Finch, der derzeit als Chief Actuary tätig ist, wird Phil Witherington nachfolgen, der zum Präsidenten und CEO von Manulife befördert wurde.
Finch ist seit 2016 Mitglied des Executive Leadership-Teams von Manulife und bringt 32 Jahre Erfahrung im Unternehmen mit. Zu seinem Leistungsausweis gehört die Leitung bedeutender Transformationen, das Management historischer Transaktionen zur Reservevalidierung und die Aufsicht über den Übergang zu den IFRS 17- und IFRS 9-Standards. Zuvor war er CFO von John Hancock und General Manager für Lebensversicherungen in den USA, wo er das Unternehmen dazu führte, Marktführer im Lebensversicherungsvertrieb zu werden.
Das Unternehmen hat ehrgeizige Ziele für seine asiatischen Aktivitäten gesetzt und strebt an, mehr als 50 Prozent der Kerngewinne von Manulife beizutragen. Ein Nachfolger für die Position des Chief Actuary wird später bekannt gegeben.
- Appointment of experienced internal candidate with 32-year tenure
- Strong track record in transforming operations and driving financial performance
- Previous success in leading US Life Insurance to market leadership in sales
- Asian operations on track to achieve 50%+ contribution to core earnings
- Pending vacancy in Chief Actuary position creates temporary leadership gap
TSX/NYSE/PSE: MFC SEHK: 945
Former Chief Actuary to Succeed Phil Witherington Effective May 9th
Mr. Finch currently serves as Manulife's Chief Actuary and has been a member of Manulife's Executive Leadership team since 2016.
Mr. Finch has contributed significantly to Manulife's transformation and financial performance, including through several historic transactions that validated the prudence of the company's reserves, and supporting the transition to IFRS 17 and IFRS 9 accounting standards. He is a proven leader across both functional and commercial areas of Manulife's business. Previously, he served as the Chief Financial Officer of John Hancock, Manulife's US business, and prior to that, he served as the General Manager of the company's US Life Insurance business, leading the business to be the market leader in life insurance sales. Mr. Finch has served in additional roles including in reinsurance, product development, and marketing across his 32-year tenure with Manulife. He is a graduate of Queen's University and holds a B.ScH in Statistics. He is a Fellow of the Canadian Institute of Actuaries and a Fellow of the Society of Actuaries.
"Steve has helped deliver our transformation and drive strong financial performance, reshaping our portfolio towards higher return and lower risk and validating the prudence of our reserves," said Roy Gori, President and CEO of Manulife. "We have bold ambitions for
"Steve is a proven leader who has developed our actuarial talent globally into one of the best teams in the industry," said Mr. Witherington. "He'll bring that same approach to supporting our team in
The successor for Chief Actuary will be announced in due course and Mr. Finch will work with that leader to ensure a seamless transition.
About Manulife
Manulife Financial Corporation is a leading international financial services provider, helping our customers make their decisions easier and lives better. With our global headquarters in
Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.
Media Contact
Anne Hammer
Manulife
201-925-1213
ahammer@manulife.com
Investor Relations
Hung Ko
Manulife
416-806-9921
hung_ko@manulife.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/manulife-names-steve-finch-asia-president-and-ceo-302403689.html
SOURCE Manulife Financial Corporation
FAQ
When will Steve Finch start as Manulife Asia's CEO and who is he replacing?
What is Manulife's (MFC) earnings target for its Asian operations?
What was Steve Finch's previous role at Manulife (MFC)?
What are Steve Finch's key achievements at Manulife (MFC)?
