Manulife Philippines, the local arm of the leading international financial services provider, and Manulife China Bank Life (MCBL), the strategic alliance between Manulife Philippines and China Banking Corporation, are pleased to announce the appointment of Amy Gochuico as the new President and Chief Executive Officer (CEO) of MCBL.
With over 30 years of leadership experience in the insurance industry across various Asian markets, Gochuico is a seasoned professional specializing in bancassurance. She brings a wealth of expertise, having spent the past two decades focusing on bancassurance strategies. Before her new role, she served as the Chief Bancassurance Officer at Manulife Indonesia, where she led the growth and profitability of the Bancassurance channel starting in 2021.
“We are thrilled to welcome Amy back to the Philippines as a key member of Manulife’s executive committee,” said Rahul Hora, President and CEO of Manulife Philippines. “During her tenure at Manulife Indonesia, Amy played a pivotal role in driving sustainable and consistent growth in the Bancassurance business, ensuring the company met its long-term objectives.”
Hora further emphasized, “As the President and CEO of MCBL, Amy will be responsible for leading partnership management, driving growth, enhancing our distribution network, managing business risks, and delivering quality outcomes. Her leadership will be instrumental in helping Manulife become the number one choice for our customers in the Philippines.”
Manulife China Bank Life is the result of a strategic partnership between Manulife Philippines and China Banking Corporation, combining the strengths of both organizations to offer innovative financial solutions.
In another update, Manulife Financial Corporation (MFC) announced its plans to redeem all outstanding 2.237% Fixed/Floating Subordinated Debentures, totaling $1 billion, on May 12, 2025. These debentures, which mature on May 12, 2030, are callable at MFC’s discretion starting on May 12, 2025, at their par value, plus any accrued interest up to the redemption date. Debenture holders will receive a formal notice from MFC’s Trust Indenture, and interest payments will cease on the redemption date.
Manulife Financial Corporation, a global leader in financial services, is committed to improving the lives of its customers. Headquartered in Toronto, Canada, Manulife operates under the Manulife brand in Canada, Asia, and Europe, and the John Hancock brand in the United States. The company offers a comprehensive range of financial services, including insurance, investment advice, and retirement solutions, designed to meet the diverse needs of individuals, groups, and businesses.
Through its Manulife Wealth & Asset Management division, the company provides global investment and retirement services to individuals and institutions around the world. By the end of 2024, Manulife is expected to employ over 37,000 people, with more than 109,000 agents and thousands of distribution partners, serving over 36 million customers. Its stock is traded under the ticker ‘MFC’ on the Toronto, New York, and Philippine stock exchanges, and as ‘945’ in Hong Kong.
