Core Insights - Manulife Financial has announced an optimization of its business strategy, introducing a series of innovative and enhanced core strategies to solidify its advantages and focus on its vision to become the preferred choice for customers [1][2] - The company is prepared to seize opportunities in a rapidly changing operational environment characterized by increased market volatility, rising global economic uncertainty, heightened consumer expectations for digital services, and intensified competition for talent and distribution channels [1] Strategic Goals - The new strategy aims to enhance the company's ability to achieve its financial targets for 2027, which include raising the core Return on Equity (ROE) target to 18% or higher, accumulating over CAD 22 billion in repatriated funds from 2024 to 2027, and increasing the core profit contribution from the Asia region to 50% [1] Leadership Perspective - The President and CEO of Manulife, Phil Witherington, expressed optimism about the growth potential across the business portfolio and emphasized that the optimized strategy will help the company capitalize on opportunities over the next decade and beyond [2] - The company remains committed to its mission of helping over 36 million customers make informed decisions for a better life [2]