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Manulife Asset Management


Manulife Investment Management’s strong leadership team is composed of men and women who are experts in their fields.  Our leaders are committed to provide you the highest level of professionalism to ensure that your best interest is served.




Gianni Fiacco, CPA, CA
Chairman of the Board

Located in Hong Kong, Gianni is the Head of Emerging Markets & Chief Strategy Officer for Manulife’s Wealth and Asset Management businesses in Asia. He oversees the Wealth & Asset Management emerging market businesses of Malaysia, Indonesia, Thailand, Philippines and Vietnam as well as being responsible for the development and implementation of business strategies to deliver on the company’s growth objectives across Asia.

Prior to joining Manulife Investment Management (Asia), Gianni served as Regional Controller, Asia for Manulife Financial, where he was accountable for financial and management accounting, planning, forecasting and analysis as well as tax and internal controls related to finance across Asia. Before joining Manulife, Gianni worked with PricewaterhouseCoopers LLP in their Audit and Assurance Services group.

Mr. Fiacco holds a Bachelor of Commerce Degree from the University of Toronto and is a Chartered Accountant (Canada).





Vice Chairman of the Board

Mr. Wong Boon Choy CA(M), CPA, CFP, is a Director of Manulife Investment Management (M) Berhad, where he served as Chief Executive Officer from 1 September 2014 until 30 April 2017.  Previously, he was the Chief Executive Officer and Executive Director of MAAKL Mutual Bhd from May 2004 until June 2014. He also served as the Senior General Manager of Public Mutual (formerly known as KL Mutual) in 1988 to 2004.  Mr. Wong has accumulated more than 20 years of experience in the Malaysian unit trust industry. Before joining KL Mutual, he was with an international accounting firm for eight years.

Mr. Wong is a founder member and former President of the Financial Planning Association of Malaysia (FPAM). He was also involved in establishing the Federation of Investment Managers Malaysia (FiMM) when he was appointed the Founding Secretary. A strong believer in financial planning, he co-authored a financial planning book entitled “Financial Freedom – Your Guide To Lifetime Financial Planning” and a second book entitled “Financial Freedom – Through Malaysian Equities and Unit Trusts”. In June 2008, Mr. Wong co-authored a third book which revolves around the themes of health and wealth entitled “CHOICES – Live Well and Don’t Die Broke”.





President and Chief Executive Officer / Director

Aira Gaspar is the President and Chief Executive Officer of Manulife Investment Management and Trust Corporation (Manulife IM (Philippines)). She is responsible for the strategic management and operations of the Company to deliver sustainable growth for its investment management franchise. 

Prior to becoming President and Chief Executive Officer of Manulife IM (Philippines), Ms. Gaspar was the Chief Investment Officer of Manulife Philippines, where she was responsible for the development and implementation of overall investment strategies for the Philippine-based investment portfolios of Manulife.

Previously, she was with SGV & Co ("SGV"), a member firm of Ernst & Young Global, where she provided assurance services to a range of institutions with specific emphasis on firms engaged in the business of life insurance, manufacturing and utility services. 

Ms. Gaspar graduated with Distinction from the Philippine School of Business Administration with a degree of Bachelor of Science in Business Administration, major in Accounting.  She is a CFA charterholder and a Certified Public Accountant.


  Richard Bates




Richard Bates is the President and Chief Executive Officer of Manulife Philippines.

Richard is responsible for the overall strategy and development of Manulife’s business in the Philippines. His remit is to ensure that the company is focused on Manulife’s mission to make customers’ decisions easier and lives better.

Richard is a finance industry veteran, who has a strong background in advancing insurance penetration in emerging markets in Asia. Prior to joining Manulife, he served as CEO of a multinational insurance firm in Cambodia, where he spearheaded the company’s market entry and launched its multi-channel operations. Prior to this posting, Richard was responsible for the Asia operations of a private equity fund focused on investing and incubating insurance start-ups. He also previously led a multinational consulting firm’s deal strategy unit in Hong Kong and its financial services line of business across Asia. Beyond his work in insurance and finance, Richard has also been involved in a charity that supports adults with learning disabilities in Hong Kong.

Mr. Bates holds a Bachelor of Arts (Hons) degree in Business Studies from the University of Portsmouth in England.







Edwin Magpantay joined Manulife Philippines in 2012 and is currently the company’s Vice President and Financial Controller. He heads teams handling local, regulatory and management reporting, treasury and accounts payable processing, tax reporting and distribution accounting. Prior to Manulife, Mr. Magpantay was the EVP and Chief Operating Officer of Ubix Corporation. He was also an Audit Senior Director of SyCip Gorres Velayo & Co. (SGV & Co.).

Mr. Magpantay holds a Bachelor of Science degree in Accounting from Colegio de San Juan de Letran. He is a Certified Public Accountant.





Independent Director

Luz Lorenzo retired in July 2016 from Maybank ATR Kim Eng Securities Inc where she had worked since 1995, mostly as Head of the Research Department. In that position Luz led her team to being one of the names to reckon with in the industry, having been the personal and group recipients of several awards and citations. Luz has worked in the financial services industry throughout her professional life. This included stints in the United States and Hong Kong where she worked in the fields of economic consulting and investment banking. She also worked briefly in the public sector in the Department of Finance and National Economic and Development Authority.

Ms. Lorenzo has a Master of Arts degree in Economics from the Pennsylvania State University and a Bachelor of Science degree in Statistics from the University of the Philippines.




Independent Director

Atty. Rene B. Betita is a part time faculty at De La Salle University and the College of St. Benilde, where he teaches subjects in the fields of finance, law and economics. He is also a faculty member of the Trust Institute Foundation of the Philippines, a school for professionals in the banking, insurance and regulatory agencies.

He has more than 20 years experience in the trust banking industry mostly in account management and marketing. His last bank employment was as Vice President and Head of Trust of Maybank Philippines Inc. He also served as a member of the Board of Directors of the Trust Officers Association of the Philippines.

Atty. Betita earned his law and economics degrees from the University of the Philippines in Diliman and passed the Bar in 1985.




Raul C. Diaz
Independent Director

Raul C. Diaz has had extensive experience in Trust and Investment Management, having served in various capacities as Marketing Officer, Portfolio Manager, and Trust Officer.  Overall, he has spent more than thirty (30) years in the trust business, twenty three (23) of which as Trust Officer.   As an active practitioner in the trust industry, Raul has served as Director of the Trust Officers Association of the Philippines (TOAP) for several terms as well as Chairman of various TOAP Committees over the years.  He was elected TOAP President in March 2008, a position he held for a term of one (1) year.  Having retired, he presently serves as Member of the TOAP Advisory Board.

Mr. Diaz graduated from the University of Santo Tomas with a degree in Commerce, major in Banking and Finance.  He also holds a Master of Business Administration degree from the De La Salle University.   As part of training in Trust, he also took up the one-year Trust Course offered by the Trust Institute Foundation of the Philippines, the educational arm of the TOAP.