Job cuts are not 'top of mind' for Manulife Financial Corp , Canada's largest insurer, as it sees significant growth opportunities, fuelled particularly by Asia, CEO Roy Gori said on Monday.
Roy Gori, then chief executive of Manulife Asia, speaks at the company's headquarters in Toronto November 12, 2015.REUTERS/John Tilak, Canada's largest insurer, as it sees significant growth opportunities, fuelled particularly by Asia, CEO Roy Gori said on Monday.
"We are in growth mode," Gori told the Reuters Global Markets Forum on the sidelines of the World Economic Forum's annual meeting in Davos, adding that his firm has been increasing headcount. "We are growing at more than double or triple the GDP in most of the markets that we operate in. That means that we're investing organically to grow our business and ... possibly looking at inorganic opportunities for growth as well."
Gori said Manulife's U.S. and Canadian markets were stable and growing at a reasonable rate, while seeing a "phenomenal opportunity" in Asia due to the region's expanding middle-class, despite any trade shocks that may come its way.may pose some short-term challenges, Gori expected activity to pick up in the second half of the year, providing impetus to Asia and the rest of the world.
Reporting by Divya Chowdhury in Davos and Savio Shetty in Mumbai; Additional reporting by Nishara Pathikkal in Bengaluru; Editing by Leslie Adler
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Asia-Pacific markets trade mixed on cooled U.S. inflation outlookMarkets in the Asia-Pacific traded mixed as expectations of cooled inflation in the U.S. lifted investor sentiment.
Baca lebih lajut »
First Mover Asia: Bitcoin Surges on Inflation Tailwinds, Hovers Near $21KBitcoin hovers near $21K after early weekend surge. Also, Sam Reynolds writes that Ark Invest's Cathie Wood is correct in thinking that disruptive innovation technologies that address issues have gained traction. JPRubin23 and thesamreynolds report.
Baca lebih lajut »
Asia FX rises, Japanese yen hits over 7-mth high on BOJ speculation By Investing.com⚠️BREAKING: *JAPAN'S YEN EXTENDS RALLY TO REACH HIGHEST SINCE MAY 2022 ON BOJ POLICY SPECULATION $JPY 🇯🇵🇯🇵
Baca lebih lajut »
NHL backtracks after Ron DeSantis' office blasts woke job fairThe National Hockey League caved Friday night after Florida Gov. Ron DeSantis called out the league out for planning a 'discriminatory' job fair limited to certain genders and ethnicities.
Baca lebih lajut »
Ole Miss Hires Alabama's Pete Golding as Defensive Coordinator - Alabama NewsHEADING WEST: Alabama defensive coordinator Pete Golding is leaving for the same job at rival Ole Miss. laceup alabamabasketball alabamacrimsontide olemiss alabamanewsnetwork
Baca lebih lajut »
Indiana man threatens U.S. Rep. Eric Swalwell, loses jobJonathan Reeser of Indiana has been fired from an Indianapolis-based lab company after sending a threatening message to U.S. Rep. Eric Swalwell.
Baca lebih lajut »