Manulife Doubles Down on Asia, Digital for Next Phase of Growth

Manulife CEO Roy Gori

Photographer: Cole Burston/Bloomberg
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Manulife Financial Corp. Chief Executive Officer Roy Gori is setting a higher bar for the financial firm’s Asia operations after growing the business substantially in the past four years.

The Toronto-based company, which is hosting an investor day on Tuesday, is seeking to increase its Asian insurance and wealth businesses to 50% of company earnings by 2025, up from 41% last year, Gori said in an interview. The business accounted for 35% of earnings in 2016.