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Asset Management / Wealth Management / On The Move
Manulife strengthens Asia distribution team
Bonnie Qiu appointed as chief distribution officer and Rishi Srivastava as chief agency officer in the region
The Asset 19 Jul 2024
Bonnie Qiu and Rishi Srivastava
Bonnie Qiu and Rishi Srivastava

Manulife has announced senior leadership appointments to its Asia distribution team to further strengthen its diverse distribution channels across the region.

Bonnie Qiu will join Manulife as chief distribution officer, Asia, effective August 19. She will report to Phil Witherington, president and chief executive officer of Manulife Asia.

Qiu will be responsible for driving the development and growth of the firm’s multi-channel distribution platform across its 12 insurance markets in Asia – from elevating agency performance and service quality to deepening bancassurance partnerships and maximizing the impact of its digital transformation.

She joins Manulife from The Hongkong and Shanghai Banking Corporation (HSBC), where she was most recently managing director, business development, Asia-Pacific, responsible for growing collaboration revenues between lines of businesses.

With over two decades of experience at HSBC across the globe, Qiu has held various leadership roles in wealth and personal banking, including as CEO of HSBC Bank Mauritius and group head of Premier and Jade.  Qiu has also held market head roles in mainland China and Taiwan, and, earlier in her career, was a senior branch manager of HSBC’s largest branch globally, in addition to her board experience across bank and insurance entities.

Rishi Srivastava has been named chief agency officer, Asia, effective August 19. Reporting directly to Qiu, he will be responsible for driving the high quality sustainable growth of agency channels, enabled by digital tools and differentiated propositions.

Srivastava will join the firm from AIA, where he was CEO of group agency distribution, overseeing its agency business and driving the digital transformation of its agency force. Prior to that, he was managing director and CEO of Tata AIA Life Insurance, and, before that, director at AXA Financial Indonesia.

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