Manulife Malaysia was first established in 1963 as a branch of Bahamas-based British American Insurance Co. It became a public limited company in 1981 and changed its name to British American (Malaysia) Insurance Berhad. In 1994, the company was renamed John Hancock Life Insurance (Berhad) to reflect our association with John Hancock Mutual Life Insurance Company in USA. Later, the Company changed its name to Manulife Insurance (Malaysia) Berhad following the large-scale global merger between Canadian-based Manulife Financial Corporation and US based John Hancock Financial Services, Inc in 2004. Manulife Malaysia underwent a restructuring exercise in 2008 and effective 1st October 2008, Manulife Insurance (Malaysia) Berhad became Manulife Holdings Berhad. Manulife Malaysia is a progressive company, not just in the products and services we offered but also in the way we do business. We aspire to be the trusted and most preferred financial services provider in Malaysia by providing caring and professional financial services to fulfill people's dreams. Subsidiaries companies under Manulife Holdings Berhad are Manulife Insurance Berhad, Manulife Unit Trusts Berhad and Manulife Asset Management (Malaysia) Sdn. Bhd. Manulife Holdings Berhad is listed on the Bursa Malaysia. Assets under management as at 31st December 2010 were over RM3.0 billion. Manulife Holdings Berhad is a member of Canada-based Manulife Financial Corporation, a leading Canadian-based financial services group. Currently, the Group Chief Executive Officer is Mr Michael Chan Yui Lung.