Insurance and investment company Manulife has named Rahul Hora as president and CEO of Manulife Philippines, effective 3 October 2022.

In this role, Hora will be a member of Manulife's Global Leadership Team, reporting directly to Sachin N. Shah, general manager, Emerging Markets, Manulife.

Hora is an award-winning insurance industry veteran, with extensive experience in the Philippines and across Asia.

"We are pleased and excited to have Rahul join us to lead our next phase of growth in the Philippines, a key Southeast Asian market where we've been for 115 years," Shah said.

"Rahul's track record of leadership and wealth of experience strengthens our execution and will accelerate helping more Filipinos live every day better."

Manulife's new chapter

"I am excited to start a new chapter with Manulife, a leading international financial services provider, serving Filipinos since 1907. I am proud to join at a point where we are taking our business to new heights, serving Filipinos' health, protection, retirement, and financial needs, and maintaining a strong commitment to developing innovative financial products and solutions that respond to customers' evolving protection needs," Hora said.

Hora previously served as senior vice president of one of India's most recognized insurance companies, where he held various sales and distribution leadership positions across geographies. He then joined multinational insurer AXA, where he held distribution roles at market and regional levels, and most recently led their life and non-life insurance operations in the Philippines.

In his most recent CEO role, Hora delivered solid financial results by driving distribution acceleration, health and wellness, digital enablement, and enhanced customer experience.