Accelerating growth in Quebec is an important component of Manulife’s long-term Canadian strategy, CEO says
Toronto-based Manulife Financial Corp. has announced the official opening of its new headquarters for its Quebec operations in Montreal, Maison Manuvie.
The opening marks the beginning of new period for the financial services giant in Quebec, building on its 2015 acquisition of Standard Life PLC, which was designed, in part, to help the firm further increase its presence in the province.
“Accelerating our growth in Quebec is an important component of Manulife’s long-term Canadian strategy,” says Michael Doughty, president and CEO of Manulife Canada, in a statement.
“While Manulife has held a strong presence in Quebec for 130 years, today, we begin a new chapter of our growth story,” he adds. “At the centre of this is Maison Manuvie, bringing together our employees with a common focus, our customer. With the customer at the centre of everything we do, we will become the reference point for health, wealth and innovation here in Quebec.”
“Quebec is and will continue to be a key pillar for all our Canadian businesses,” adds Richard Payette, president & CEO, Manulife Quebec. “We also believe that good corporate citizens contribute to the creation of wealth for their local community and economy. Our investment in the new Quebec headquarters is one example of that. We’re investing in the areas of finance, technology, innovation and research, and will continue to expand our partnerships within the community.”
Manulife entered a co-venture agreement with Toronto-based Ivanhoé Cambridge to jointly develop Maison Manuvie. Manulife now occupies more than half of the office space in the 27-story building, which is located at 900 de Maisonneuve West.