Insurance moves: Manulife, WTW, IRDAI, PhilHealth

From Hong Kong to Manila, leadership transitions signal strategic shifts

Insurance moves: Manulife, WTW, IRDAI, PhilHealth

Insurance News

By Roxanne Libatique

Several companies and regulatory bodies in the insurance and health financing space have announced leadership appointments across Asia, with changes spanning Hong Kong, India, and the Philippines.

Manulife names Young to lead international brokerage

Manulife has appointed Jeremy Young (pictured) as chief distribution officer, international brokerage, global high-net-worth (GHNW), effective immediately, according to a company announcement. Young had been serving as interim chief distribution officer since March. In his permanent role, he will oversee Manulife’s international brokerage business globally, with responsibility for growth across Hong Kong, Singapore, the Middle East, and other markets, as well as broker partnerships and distribution capabilities.

Bonnie Qiu, CEO of global high-net-worth and chief partnership distribution officer at Manulife Asia, commented on the appointment: “We are delighted to welcome Jeremy to this important role. GHNW remains a core pillar of Manulife’s strategy, and we will continue investing in our capabilities, products, and partnerships to help meet the evolving needs of high-net-worth clients. Jeremy’s leadership will enhance our ability to serve this market and capture the significant opportunities ahead.”

Young brings more than 20 years of experience in insurance across distribution, sales, marketing, product strategy, and customer experience. Prior to joining Manulife, he served as chief commercial officer, global, at Transamerica Life Bermuda. He has also held senior roles at Sun Life, AIA, and Sovereign.

WTW appoints Bok to head Hong Kong and Macau

WTW has named Jayne Bok as head of Hong Kong and Macau, effective immediately, the company announced. Bok will retain her existing position as head of investments, Asia, alongside her new responsibilities. In her expanded role, Bok will be tasked with strengthening WTW’s position in Hong Kong and Macau, delivering a unified client experience, and positioning the firm as an integrated advisory partner across its People, Risk, and Capital solutions. She will work with regional and local business leaders across WTW’s Health, Wealth & Career and Risk & Broking segments.

Luke Ware, head of Asia at WTW, said: “Jayne’s appointment reflects our continued commitment to investing in market leadership, strengthening client relationships, and delivering integrated solutions to help organisations navigate an increasingly complex risk and business environment. Her extensive experience supporting institutional investors across Asia has given her a broad perspective on the challenges and opportunities facing clients, which will be invaluable as we continue to strengthen our presence and deliver connected solutions in Hong Kong. I am confident Jayne will make a strong contribution to the continued success of Hong Kong and Macau and our broader business in the region.”

Bok said of her appointment: “Hong Kong is one of Asia’s most dynamic and internationally connected markets, and WTW has been servicing clients here for over 50 years. I am excited to take on this role and look forward to building on our strong foundation, deep local expertise, and long-standing client relationships. Together with our colleagues across Hong Kong and the region, we are well positioned to help clients navigate change, manage risk, and unlock growth opportunities in an evolving business environment.”

Bok currently chairs the board of directors at the CAIA Association and holds both Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) designations. She has more than 25 years of industry and leadership experience and has held several senior leadership roles at WTW.

Subramanian joins IRDAI as member

Girija Subramanian has joined the Insurance Regulatory and Development Authority of India (IRDAI) as a whole-time member (distribution), the regulator announced, as reported by The Hindu Business Line. Subramanian was the chairperson of the National Agriculture Insurance Company of India (AIC). With the addition of Subramanian, the number of whole-time members at IRDAI has reached four. The other current members are Rajay Kumar Sinha, member (finance & investments); Swaminathan S. Iyer, member (life); and Deepak Sood, member (non-life). Debasish Prusty continues to serve as a part-time member of IRDAI.

Ho takes helm at PhilHealth

In the Philippines, President Ferdinand R. Marcos Jr. has appointed Dr. Beverly Lorraine Ho as the new president and CEO of the Philippine Health Insurance Corporation (PhilHealth). Ho currently serves as chief health officer of Ayala Healthcare Holdings Inc. and has previously held positions including Department of Health (DOH) undersecretary in 2022 and assistant secretary from January 2023 to January 2024. She also headed the DOH Health Promotion Bureau and Disease Prevention and Control Bureau. Ho holds a Doctor of Medicine degree from the University of the Philippines Manila and a Master in Public Health from the Harvard T.H. Chan School of Public Health.

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