King, whose title will be vice president, will be in charge of client-centric brand development and communications for the Asia region, the company told IA.
She is still responsible for Manulife Singapore as CEO, and will continue to be based in Singapore for the time being, the company said, adding that it was not clear when she will move to Hong Kong.
A successor to assume some of the duties she has been handling in Singapore but will relinquish as a result of the new position will be named in due course, Manulife added.
King is currently responsible for the overall development of Manulife’s operations in Singapore, including individual life insurance, private financial services for the high net worth market and wealth management. She joined the company in March 2010, and has more than 23 years of experience in the financial services and consulting sectors, both in Australia and Singpore.
Previous roles include chief marketing and strategy officer for Axa Singapore. Past employers include, in addition to Axa, Mercer, Jacques Martin and Colonial. King was educated at Macquarie University in Sydney.
Canadian insurance giant
One of the world’s largest insurance and financial services companies, Manulife Financial was founded in 1887, and is listed on the Toronto, New York, Hong Kong and Philippine stock exchanges. It has offices throughout North America and Asia primarily as well as the UK, Australia, New Zealand, Brazil and Uruguay. In the US, it does business mainly as John Hancock.
Joint ventures include an asset management business in China, Manulife TEDA. It has been in Hong Kong for more than 113 years – longer than it has had operations in the US.
At the end of June it and its subsidiaries had funds under management of C$567bn ($539bn, £338.45bn).
Manulife Asset Management, the global asset management arm of Manulife Financial, managed assets worth around $247bn.
