Canada’s Manulife Financial Corp plans at least two more top-tier hires in China this month as it targets the pensions business in the fast-ageing society after taking full control of a joint venture, senior executives said.
After becoming, in November, the first foreign financial firm to receive regulatory approval to wholly own a funds joint venture, Canada’s largest insurer has shaken up the unit’s management by appointing a new chairman and a new general manager.
