In this new role, Chiu will be managing the company’s investment funds business and spearhead the sales and marketing of wealth management products.
Under his leadership, the department will also provide support to the fund and pension platforms.
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He will be reporting to Michael Huddart, Manulife’s executive vice president and CEO for Hong Kong.
Commenting on the appointment, Huddart said: "Steve has more than 20 years of working experience in the financial services industry and extensive knowledge of wealth management products. Steve’s experience with financial planning through his leadership role with the Institute of Financial Planners of Hong Kong will also prove invaluable as we continue to move to a needs-based model."
"I am confident that Steve will help us further develop our investment funds business and devise personalized solutions to our large and expanding customer base to help them grow their wealth and plan for their retirement," Huddart added.
Most recently, Chiu has served as a managing director at the Hong Kong subsidiary of one of the largest Mainland China asset management companies. Prior to that, he filled senior-management roles with a sizeable insurer and one of Hong Kong’s largest banks.
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