George Chew was previously head of individual financial products in Manulife Hong Kong. In his new role as Malaysian chief executive he will be responsible for growing the company’s position in the local Malaysian market.
Manulife Insurance Malaysian is a wholly owned subsidiary of Manulife Holdings, which is part of Canada-based Manulife Financial Corporation. The Malaysian company currently has more than 290,000 policyholders.
Last week, AIA Group agreed a purchase of ING’s Malaysian insurance business for $1.7bn after weeks of speculation, making AIA the largest insurer in Malaysia.
