The latest senior moves, appointments and personnel changes in the Asia-Pacific wealth management sector.

Manulife Hong Kong and Macau, part of Canada's Manulife, has appointed Albert Mak (pictured) as chief agency officer.

Mak also serves as a member of the company’s senior management team. 

In this role, Mak will lead agency functions to drive growth within Manulife’s 10,000-strong agency force across Hong Kong and Macau. He reports to Rishi Srivastava, chief agency officer, Asia, and Ivan Chan, chief distribution officer, Hong Kong and Macau.

Since January 2023, Mak had led the agency force’s business development and training team. Initiatives include his setting up the wealth planning team, which captures HNW business for the agency channel.

Mak joined Manulife in May 2019 as head of DBS Bancassurance, assistant vice president. He subsequently expanded his role to lead the company’s business development and training team for both bancassurance partners, DBS and China CITIC Bank International.

With more than 15 years’ professional experience, Mak has worked at organisations such as HSBC Insurance, Standard Chartered Bank, and HSBC. 

Last week, Manulife Wealth and Asset Management announced changes at the top of the wealth and asset management business at Manulife in Asia. Former senior Citigroup figure Fabio Fontainha became its new wealth and asset management head in Asia.