Manulife's Leadership Shift: Asia Chief Phil Witherington to Take CEO Role as Company Outperforms Market

Toronto, Monday, 18 November 2024.
In a strategic move reflecting Manulife’s growing Asian focus, Phil Witherington will succeed retiring CEO Roy Gori in May 2025. Under Gori’s leadership, Manulife achieved an impressive 154.9% return, outperforming competitors. The transition comes as Asian operations contribute 44% of company profits, approaching their 2027 target of 50%.