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Innovation is not just a buzzword to be applied whenever a company wants to talk up its plans for the future; rather, it is essential for survival, which is why Manulife made the decision last November to name Tim Ramza as its new chief innovation officer. A member of the group’s executive team, his role will be to ensure that Manulife isn’t left behind as he keeps an eye on disruptive trends in the industry. In his previous role as senior vice president of wealth management strategy and business development at John Hancock, Manulife’s US arm, Ramza developed close ties with many start-up companies. He played a key role in Manulife’s recent acquisition of San Francisco-based software provider Guide Financial, which uses behavioural finance data to assist financial advisors. Such innovation will be crucial for Manulife to maintain its status as a top global player moving forward.
Manulife Financial Corporation 200 Bloor Street East Toronto, ON Canada M4W 1E5