Manulife holds historic Global Investor Day in Vietnam
Manulife holds historic Global Investor Day in Vietnam
Leading international financial services group Manulife Financial Corporation has held its first ever Global Investor Day based in Asia, with Ho Chi Minh City being one of two cities in Asia to host the event.
The event, which brought key investors and partners together with the company’s regional and global leadership, was held on June 22, at the Park Hyatt Hotel. The Investor Day featured keynote speeches from Manulife’s global newly appointed global president Roy Gori, as well as interim Asia CEO Philip Witherington.
Paul Nguyen, CEO of Manulife Vietnam, said that Vietnam’s role as host to Investor Day was testament to the importance of the growing Vietnamese economy.
“Manulife has one of the most diverse and rapidly growing footprints of any financial services company in Asia, and we are proud of Vietnam’s contribution to that growth. Manulife’s agency force in Vietnam is its largest in the region, and we have seen tremendous growth in recent times in part because of that on-the-ground strength,” Nguyen said. “We were truly proud to host part of Investor Day in Ho Chi Minh – and it is a massive vote of confidence in the future of Vietnam’s economy.”
Commenting on the event, Gori said that the company’s choice to partly run Investor Day in Vietnam was due to its place in the company’s future plans.
“Asia is already a very strong engine for Manulife, with our 12 Asian markets contributing about one third of core global earnings,” Gori said. “The growth of the local market, and our own growth within that market, means that Vietnam plays a large part in our regional success and will continue to do so for many years.”
Manulife Vietnam enjoyed a record-setting year in 2016, with annualised premium equivalent (APE) insurance sales 49 per cent higher than the preceding 12 months.
In June 1999, Manulife Vietnam became the first foreign-owned life insurance company licensed in the country. Headquartered at Manulife Plaza, District 7, Ho Chi Minh City, Manulife Vietnam has a nationwide network of 55 offices across 40 major cities and provinces as of the first quarter of 2017.
On June 14, 2005, Manulife Asset Management (Vietnam) Company Limited (MAMV), a wholly owned local subsidiary of Manulife Vietnam, was granted licence to operate fund management and portfolio management services, further expanding Manulife Vietnam’s product offering for its customers.
Throughout its 18 years of operations in Vietnam, Manulife has successfully built a strong reputation for its high quality products and professional services, maintaining its position as a top player in the market. The company offers a wide range of innovative insurance products, including traditional life, health, education, investment and pension solutions.
