Insurance

Manulife Hong Kong announces Two Senior Appointments to Strengthen Distribution Capability

Manulife Hong Kong has announced the appointment of Ivan Chan as Chief Agency Officer (CAO) and Tracy Leung as Chief Partnership Distribution Officer (CPDO).

Both appointments come as part of the company's ongoing commitment to strongly building its leadership to further expand its distribution capabilities, the firm said in a press release.

Damien Green, Chief Executive Officer, Hong Kong, Manulife, said: “I am very pleased to see Ivan, one of our very best home-grown talent, appointed as our new CAO and to have Tracy, a hugely experienced executive in the financial industry, join us as our new CPDO. It's gratifying to see both bring more than two decades of professionalism and an excellent track record to their new roles at Manulife. Their extensive experience and strong leadership will be crucial in driving the further expansion of our agency force and partnership distribution.”

In his new CAO role, Chan takes responsibility for Manulife's strongly growing agency force in Hong Kong and Macau and significantly driving agency sales and headcount. Most recently as Manulife Hong Kong's CPDO, he succeeded Kareen Chow, who has retired as CAO after 30 years with Manulife. She will continue to serve the Company as a Senior Distribution Consultant.

Since joining Manulife in 1999, Chan has demonstrated exceptional leadership skills and built a strong track record of transforming agency and other distribution teams into key drivers for business growth. He has extensive agency experience across various leadership and management roles, spanning sales management, business development, recruitment, sales promotion and training.

Leung oversees the distribution of Manulife's products in Hong Kong and Macau through banks, brokers and independent financial advisers. She is an industry veteran with 24 years of experience in senior executive roles and in managing sizeable teams across retail banking, mortgages, product and channel development. She joins Manulife from Standard Chartered Bank, where she was most recently Managing Director, Head of Bancassurance.

“Going into 2021, we have a unique opportunity to reinforce our market leadership in the Hong Kong and Macau markets, building on our outstanding achievements last year. Our outstanding distribution capabilities are pivotal to our continued success and I am delighted that we have the strength of leadership and depth of talent to continue to accelerate our business growth,” Green continued.