Manulife Appoints Phil Witherington as New CEO

Witherington to succeed Roy Gori in May 2025, highlighting Asia's growing influence in the company.

Roy Gori, Manulife's current CEO, will retire on May 8, 2025, after serving seven years in the role.
Phil Witherington, currently CEO of Manulife Asia, has been named as Gori's successor and will join the Board of Directors.
Gori will remain with the company as an advisor until August 31, 2025, to ensure a smooth leadership transition.
Under Gori's leadership, Manulife has seen significant growth, particularly in Asia, which now accounts for over 40% of the company's revenue.
Witherington's appointment reflects Manulife's strategic focus on Asia, with plans to increase the region's contribution to 50% of earnings by 2027.