TORONTO, Canada, and HONG KONG, March 2025 — Manulife announced that Steve Finch has been appointed President and CEO of Manulife Asia, effective May 9th. Finch currently serves as Manulife’s Chief Actuary and has been a member of Manulife’s Executive Leadership team since 2016. He 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. Finch is a proven leader across both functional and commercial areas of Manulife’s business.
Previously, Finch served as Chief Financial Officer of John Hancock, Manulife’s US business, and prior to that, he was General Manager of the company’s US Life Insurance business, where he led the business to become the market leader in life insurance sales. Over his 32-year tenure with Manulife, he has also held leadership roles in reinsurance, product development, and marketing. Finch holds a B.ScH in Statistics from Queen’s University and 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 Asia, and his deep appreciation of our business at a commercial and functional level, strong knowledge of our products and distribution channels across Asia, and passion for leading teams will help accelerate our growth agenda for this critical part of our business.”
“Steve is a proven leader who has developed our actuarial talent globally into one of the best teams in the industry,” said Phil Witherington. “He’ll bring that same approach to supporting our team in Asia, helping us drive high-quality, sustainable growth and achieve our ambition to be the number one choice for customers and contribute more than 50 percent of Manulife’s core earnings – a goal we’re well on track to achieve.”
The successor for Chief Actuary will be announced in due course, and Finch will work with that leader to ensure a seamless transition.
About Manulife
Manulife Financial Corporation is a leading international financial services provider, helping customers make their decisions easier and lives better. With its global headquarters in Toronto, Canada, Manulife operates across Canada, Asia, and Europe under the Manulife brand and primarily as John Hancock in the United States, providing financial advice and insurance for individuals, groups, and businesses. Through Manulife Wealth & Asset Management, the company offers global investment, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide.
At the end of 2024, Manulife had more than 37,000 employees, over 109,000 agents, and thousands of distribution partners, serving over 36 million customers. The company trades as ‘MFC’ on the Toronto, New York, and Philippine stock exchanges, and under ‘945’ in Hong Kong.
Read Also : Entering 2025, TA Leaders’ Success Built on More than Just Hiring, Says The Josh Bersin Company
People Analytics Teams Still Struggle to Deliver Business Impact, Warns The Josh Bersin Company
ESG and Women’s Leadership: Driving Sustainability and Inclusion
Learning and Development Trends for 2025: Shaping the Future of Workplace Learning
Click Here to Join HR TODAY WhatsApp Channel
