Hong Kong – Multinational insurance company Manulife in Hong Kong has announced new members of its leadership team namely Thaddeus Yu as chief strategy officer and Alice Li as chief communications officer. Together, the executives will report directly to Patrick Graham, chief executive officer of Manulife Hong Kong and Macau.
Yu succeeds Carrie Tong, who was recently appointed as chief operations officer for Hong Kong and Macau.
In his new role, Yu is responsible for setting the overall strategic priorities of the Hong Kong and Macau business, ensuring prudent choices, and executing plans aligned with the company’s priorities. He is also in charge of assessing necessary and effective changes to the company’s business model to ensure the company stays on course in achieving its strategic objectives.
With over 15 years of experience in various local and regional positions at Cigna, AIA, and Bank of Montreal Insurance, Yu joined Manulife’s Asia strategy team in 2021. During his time in his previous position, he led strategy development, spearheaded critical business initiatives, and provided guidance on strategic projects while also managing the Asia CEO office.
Meanwhile, Li’s responsibilities include leading strategy development for external and internal communication goals, building corporate reputation and a culture of pride, and promoting the company’s global Impact Agenda, aligned with Manulife’s global communications team and strategy.
With more than two decades of experience in corporate and marketing communications, Li is a seasoned professional who joined Manulife in 2020. Since then, she has made significant strides in the company’s communication strategy and impact. Prior to Manulife, her career spanned diverse industries, including energy, telecommunications, IT, and insurance, as she held senior positions with global brands such as Shell, SmarTone-Vodafone, Microsoft, and AXA.
Speaking on the new appointments, Graham said, “With their extensive knowledge of our company’s strategic priorities and their functional expertise, I am confident that the talented new members of our senior management team will be pivotal in driving us towards achieving our ambitions in Hong Kong, Macau and the broader GBA markets as we embark on the next phase of our growth agenda. Their appointments also highlight our ongoing commitment to harnessing top talent through an active leadership development pipeline.”
