Manulife Philippines appoints new Chief Financial Officer and Chief Operations Officer

Manulife Philippines, a subsidiary of Manulife Financial Corporation – a leading international financial services group – has added two new executives to its top management team.

Rajeev Kumar has been appointed Chief Financial Officer and Maya Lee has been appointed as Chief Operations Officer to help strengthen the company’s leadership team, drive digital transformation and customer centricity, and offer relevant and innovative insurance solutions that can help more Filipinos financially secure their future.

“We’re excited to welcome Rajeev Kumar and Maya Lee aboard, who both bring a wealth of experience and expertise to our team. We look forward to their fresh insights to help us better serve our customers and live every day better,” said Richard Bates, President and CEO, Manulife Philippines.

Meanwhile, as Chief Financial Officer, Rajeev Kumar will be responsible for optimizing the company’s financial performance, including risk management, profitability, capital management and solvency. Prior to joining Manulife Philippines, Kumar was the CFO, Chief Actuary, and CIO of a multinational life insurance company in Vietnam for two and a half years. He also spent 13 years with another global life insurer in Hong Kong and India, where he held finance, product management, actuarial, and strategy roles. Kumar is a Fellow of the Institute of Actuaries UK and India, and holds a Bachelor’s degree in Technology from the Indian Institute of Technology Varanasi, India.

As Manulife Philippines’ Chief Operations Officer, Maya Lee will lead initiatives to help improve the company’s operational performance, cost efficiency, and overall customer satisfaction, while also overseeing the day-to-day operations support provided to the company’s customers and distribution partners. A Fellow of the Life Management Institute (FLMI) of the Life Office Management Association or LOMA, an international association engaged in research and educational activities for more than 1,200 insurance and financial services companies in over 80 countries, Lee also holds a Bachelor’s degree in Management Information Systems from Kookmin University and an MBA from Yonsei University.

Manulife’s new executive appointments demonstrate the company’s commitment to building a strong and winning team, as it moves forward as a digital customer-centric leader and continues making every day better for more Filipinos.