Ho Chi Minh City - Manulife Vietnam, a leading life insurance provider, is pleased to announce the appointment of Mr. CHUNG Ba Phuong as Chief Executive Officer and General Director with effect from April 1st, 2012.
Prior to his current appointment, Mr. Phuong was Senior Vice President, Business Development at Manulife-Sinochem Life Insurance Company (MSL) in China for the past three years. His responsibilities with MSL included product pricing, marketing and employee benefits. Before joining MSL in 2009, he worked for an international life insurance company for about ten years, covering such areas as financial and capital issues, new market entry, IT operational readiness and product development. He has worked in various territories including Hong Kong, China, India and Vietnam.
Mr. Phuong is a Vietnamese-Canadian, has a Bachelor of Commerce (Honors) Degree from the University of Manitoba in Canada and was one of the youngest to qualify for his Fellowship of the Canadian Institute of Actuaries.
About Manulife Vietnam
Operating in Vietnam since June 1999, Manulife Vietnam – the first 100 per cent foreign-owned life insurance company licensed in Vietnam – provides financial services to more than 300,000 customers through a network of nearly 12,000 professionally qualified agents. On June 14, 2005, Manulife Vietnam Fund Management Company Limited, whose name was changed to Manulife Asset Management (Vietnam) Company Limited in December 2010, a wholly owned local subsidiary of Manulife Vietnam, was granted license to operate a fund management and portfolio management services company, further expanding Manulife Vietnam’s product offerings for its customers.
As the top player in the market, Manulife Vietnam offers a wide range of innovative insurance products which are supported by the most effective and value-added services on the market today. Whatever stage in life, Manulife Vietnam can help its customers feel financially secure with a life insurance plan that meets their specific needs – whether it’s family protection, education or investment solutions.
Manulife Vietnam remains committed to supporting the communities, in which it conducts business in both educational and charitable activities, donating more than VND 10 billion since 1999. Some of the organizations and programs to which the Company has donated time and money include: “For your future” scholarship, Terry Fox Foundation, Run for Children, the Vietnam Association for Promoting and Supporting Educational Development, Operation Smile, Health Check and Care programs, Saigon Children’s Charity, National Library for the Blind, the annual Manulife Care and Let’s Help Children Go To School program.
About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. In 2012, we celebrate 125 years of providing clients strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$500 billion (US$491 billion) as at December 31, 2011. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.
Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK. Manulife Financial can be found on the Internet at manulife.com.
Tran Phu Anh Tuan
Head of Marketing
Manulife (Vietnam) Limited
Tel: (84-8) 5416 6888
Fax: (84-8) 5416 1818
Tel: (852) 2202 1749
Fax: (852) 2510 5889