Steve Finch appointed Asia CEO of Manulife Financial

Manulife Financial has announced the appointment of Steve Finch as the new CEO for its Asia business, effective May 9. Finch will replace Phil Witherington, who is returning to Toronto to become the global CEO of the company. Finch has worked in the insurance industry for over 30 years and has been with Manulife for three decades. Before his role as chief actuary, he served as the chief financial officer for Manulife’s U.S. unit, John Hancock. His appointment comes at a time when Asia is expected to become the most profitable market for Manulife. In a recent interview, Finch expressed enthusiasm about the new role and highlighted the significant growth potential in Asia, particularly in Hong Kong. He mentioned that he and his wife are excited to relocate permanently to Hong Kong, where they have quickly enjoyed exploring local restaurants. Finch has been visiting Asia regularly since 2016, averaging about five trips each year.