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Manulife Financial Corp
Symbol MFC
Shares Issued 1,939,829,037
Close 2020-12-24 C$ 22.44
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Globe says Manulife aims to be a winner in new economy

2020-12-29 08:12 ET - In the News

The Globe and Mail reports in its Saturday, Dec. 26, edition that even as vaccinations for COVID-19 begin to roll out, Manulife Financial chief executive officer Roy Gori does not believe the crisis is over. The Globe's Clare O'Hara writes that the vast majority of Canadians could be waiting months before receiving an immunization. Mr. Gori says he is encouraged by "the recent news on the vaccine, but I don't think we can simply rely on the vaccine and think that everything is good." He says, "Testing, masks, contact tracing, and quarantining are all really critical and will continue to be critical for the next two quarters, or possibly longer." As the year comes to an end, Mr. Gori has moved his staff to weekly war room meetings, with the understanding that everyone has the power to hit the metaphorical red button to bring all hands on deck at any time. Mr. Gori notes that it is a mentality that many have associated with small technology start-ups with 30 employees under one roof. Mr. Gori says, "We have to bring that mindset to the organization if we are going to be competitors and win in the new economy." He adds, "A lot of what we have seen emerge in recent months will definitely stick."

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