JAKARTA – Manulife Indonesia is pleased to announce Indren S. Naidoo as the new Chief Executive Officer, effective 11 May 2016. Based in Jakarta, Indren will be responsible for leading the business, and helping more customers in Indonesia achieve their goals through the company’s innovative solutions and diversified distribution channels.
Roy Gori, President and Chief Executive Officer, Manulife Asia, said: “Indren is an accomplished leader with a deep understanding of Manulife’s business in Asia. He has a proven track record of delivering results and, under his leadership, successfully grew our operations in Thailand, Vietnam and Cambodia. Indren will play a vital role in growing our operations in Indonesia, a key market for Manulife in the region.”
Prior to his new position, Indren was Regional Chief Executive Officer for Thailand, Vietnam and Cambodia, a role he held since 2013.
Key achievements during his tenure included securing a long-term exclusive bancassurance deal with Saigon Commercial Bank in Vietnam last year, establishing multiple banks partnerships in Cambodia since Manulife began operations there in 2012 and successfully setting up a representative office in Myanmar in 2014. In Vietnam, Indren helped grow the number of agents to over 20,000 in 2015 – a record number for the country.
Indren S. Naidoo added: “With a rapidly growing middle class and a low insurance penetration rate in the world’s fourth most populous country, there are huge opportunities for Manulife to help Indonesian families achieve their dreams and aspirations.”
“It’s an exciting time to be leading Manulife Indonesia, and I am looking forward to making it easy for customers to do business with us. We will continue to launch innovative new solutions and further develop our digital capabilities.”
Before joining Manulife in 2009, Indren worked as Chief Financial Officer for major multinational life insurance companies in Asia. An Australian citizen, Indren also spent over 12 years with ANZ Banking Group in Australia, where he worked in corporate and retail banking.
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About Manulife Indonesia
Established in 1985, PT Asuransi Jiwa Manulife Indonesia (Manulife Indonesia) is part of Manulife Financial Corporation Group, a Canadian financial services group that operates in Asia, Canada and the United States. Manulife Indonesia offers a wide range of financial services, including life insurance, accident and health insurance, investment and pension plans to individual and group clients in Indonesia. Through a network of more than 10,000 employees and professional agents spread across 25 cities, Manulife Indonesia serves more than 2.2 million clients in Indonesia.
PT Asuransi Jiwa Manulife Indonesia is registered and supervised by the Otoritas Jasa Keuangan (OJK). To learn more about Manulife Indonesia, including links to follow us on Facebook or Twitter, visit www.manulife-indonesia.com.
Manulife Financial Corporation is a leading international financial services group providing forward-thinking solutions to help people with their big financial decisions. We operate as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. At the end of 2015, we had approximately 34,000 employees, 63,000 agents, and thousands of distribution partners, serving 20 million customers. At the end of March 2016, we had $904 billion (US$697 billion) in assets under management and administration, and in the previous 12 months we made more than $24.9 billion in benefits, interest and other payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges and under ‘945’ in Hong Kong. Follow Manulife on Twitter @ManulifeNews or visit www.manulife.com or www.johnhancock.com.
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