The Toronto headquartered financial services group has named a new Chief Executive Officer for Indonesia.

Manulife has named Indren S. Naidoo as the new CEO for Indonesia. Based in Jakarta, he will be responsible for leading the business in ASEAN's most populated country, according to a statement on Friday.

Prior to his latest position, Naidoo was Regional Chief Executive Officer for Thailand, Vietnam and Cambodia, for Manulife, a role he held since 2013. During this role he secured a long-term exclusive bancassurance deal with Saigon Commercial Bank in Vietnam and established multiple bank partnerships in Cambodia.

Before joining Manulife in 2009, he worked as Chief Financial Officer for major multinational life insurance companies in Asia.

Proven Track Record of Delivering Results

An Australian citizen, Naidoo also spent over 12 years with ANZ Banking Group in Australia, where he worked in corporate and retail banking.

«Indren Naidoo has a proven track record of delivering results and, under his leadership, successfully grew our operations in Thailand, Vietnam and Cambodia. Indren will play a vital role in growing our operations in Indonesia, a key market for Manulife in the region,» said Roy Gori, President and Chief Executive Officer, Manulife Asia.