Finance giant Manulife Hong Kong has announced the appointment of Patrick Graham as Chief Executive Officer of Manulife (International) Limited. In his new role, he would be overseeing Manulife’s business across Hong Kong and Macau. He would be directly reporting to Damien Green, President and CEO, of Manulife Asia.
Along with his new role, Graham will become a member of Manulife’s Asia Division Executive Committee and Global Leadership Team. His appointment is effective January 1st 2023, subject to approval from industry regulators.
Pankaj Banerjee, who was holding the interim CEO of Manulife International role prior to Graham's appointment, will revert back to his original role of Chief Distribution Officer for Manulife Asia, from January 1st 2023.
Damien Green, President and CEO, of Manulife Asia, said, “As the longest continuously operating life insurer in the city, Hong Kong has always been Manulife’s most important market in Asia with huge contributions to the Group over the past 125 years. The appointment of Graham really highlights our commitment to Hong Kong and our ambitions in this region."
He also added that Graham's outstanding leadership calibre and track record of delivering excellent results will lead Manulife Hong Kong and Macau team to take their business to new heights and serve the health, protection, retirement and financial needs of one in every three Hongkongers.
Graham is an industry leader with close to three decades of experience in the financial service industry. He joins from Cigna, where he has covered eight markets including Hong Kong, Indonesia, Korea and Singapore in various senior leadership positions over the last decade with his most recent role as CEO, Asia Pacific. He also counts GE as his previous employer and has also led the US ASEAN Business Council.
Manulife Hong Kong and Macau are supported by about 2,000 employees and more than 11,500 agents. It is the largest Mandatory Provident Funds (MPF) provider in Hong Kong with a market share of 26.7% based on assets under management as of June 30th, 2022.