Manulife Philippines, the local arm of
leading international financial services provider Manulife Financial
Corporation, and China Banking Corporation (Chinabank) announce the renewal of
their bancassurance partnership under Manulife China Bank Life Assurance Corp.
(MCBL).
%20Manulife%20and%20Chinabank%20Sign%2015Yr%20Renewal.jpeg) |
<L to R> Seated - Karla Libatique (Head of Bancassurance,
Chinabank); Amy Gochuico (President
and Chief Executive Officer, Manulife China Bank Life); Steve Finch (President and Chief Executive Officer, Manulife Asia);
Hans Sy (Chairman, Chinabank); Bonnie Qiu (Chief Distribution Officer,
Manulife Asia and Chairperson, Manulife China Bank Life); and Romy Uyan (President and Chief
Executive Officer, Chinabank)
<L to R> Standing - Howard Sy (Advisor to the Board, Chinabank); Kah Siang Khoo (Chief Executive Officer, Manulife Asia Emerging
Markets); Patrick Cheng (Chief
Finance Officer, Chinabank); Gerry
Susmerano (Retail Banking Business Co-Segment Head, Chinabank); Rahul Hora (President and Chief
Executive Officer, Manulife Philippines); and Ryan Tapia (President, China Bank Capital) |
MCBL
offers financial protection and wealth management products and services through
650 Chinabank and China Bank Savings branches nationwide. This strategic
partnership, which started in 2007, has been renewed for another 15 years, solidifying
the two organizations’ shared commitment to providing holistic life, health and
wealth solutions for the long-term financial security of Filipino
families.
%20Manulife%20and%20Chinabank%20Sign%2015Yr%20Renewal.jpeg) |
<L to R> Steve Finch (President and Chief Executive Officer, Manulife Asia)
and Hans Sy (Chairman, Chinabank) |
Over the past 18 years, MCBL has introduced
comprehensive health and life insurance plans that provide coverage for the
most common critical illnesses in the Philippines. Additionally, MCBL focuses
on providing customers with long-term savings and retirement planning, helping
them secure a comfortable retirement, fund their children's education, or
achieve other financial goals.
%20Manulife%20and%20Chinabank%20Sign%2015Yr%20Renewal.jpeg) |
<L to R> Rahul Hora (President and Chief Executive Officer, Manulife
Philippines); Amy Gochuico
(President and Chief Executive Officer, Manulife China Bank Life); Steve Finch (President and Chief
Executive Officer; Manulife Asia), Hans
Sy (Chairman, Chinabank); and Romy
Uyan (President and Chief Executive Officer, Chinabank) |
The company also offers a variety of
options to assist Filipinos in growing their wealth and preserving their legacy
by investing in a diverse array of fund options tailored to their financial
goals and aspirations. MCBL is also a recipient of Golden Arrow Awards for
exemplary performance in corporate governance given by the Institute of
Corporate Directors.
“We are delighted to strengthen our
long-standing partnership with Chinabank, one of the largest private universal
banks in the Philippines, by renewing our bancassurance agreement with them. As
we renew this strategic alliance, we look forward to growing our reach across
the country through Chinabank’s distribution network, providing holistic and
accessible financial and wealth solutions that enrich the lives of more
customers within the bank’s growing customer base,” said Rahul Hora, President and Chief Executive Officer, Manulife
Philippines.
“At Chinabank, we are focused on helping
our customers achieve their financial goals, and our partnership with Manulife
through MCBL delivers on this commitment. We are excited to elevate this
collaboration so we can provide our customers greater security with products
and services that exceed their expectations,” said Romeo D. Uyan Jr., Chinabank President and Chief Executive Officer.
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