Timothy Yiu

Achievements:

· Chief Investment Officer managing USD$35billion AUM multi asset mandate. Successfully built up a globally diversified portfolio of fixed income, public equity, private equity, and alternative assets that weathered through the cycles.

Responsibilities:

· Represent in Board and ALM meeting updating committee on investment strategy and performance.

· Set long term strategic allocation target based on risk appetite, liability profile, and solvency requirement.

· Perform tactical allocation across multi asset mandates. Evaluate global macro trends and analyze historical and projected relative valuation to optimize allocation. Successfully outperform stated benchmark.

· Evaluate private equity funds and co-investments, with focus on control buyout and growth equity transactions. Reviewed over 100 global PE funds with diverse managers. Successfully built a portfolio across fund managers, strategy types, and geography.

· Evaluate real estate transactions, focus on core/core plus investments across office/industrials/retail/multi- family sectors.

· Represent investment capabilities in agents/brokers/private banks sharing sessions. Provide thought leadership in investment marketing content to support sales. Successfully boost distribution channel sales.

· ESG guidelines adoption. Instill ESG in investment analysis to steer towards company net zero target.

· Represent company as a panelist at Asian Investor Conference to discuss alternative investments as subject matters experts.

· Develop enhanced investment and hedging strategy to support competitive new product launch, including the launch of multi-currency product.

· Develop derivatives hedging solutions to improve company solvency and capital volatility.

Achievements:

· Oversaw general accounts portfolio of multi-assets across 8 Asia Pacific countries.

· Successfully built up the investment capabilities and developed diversified investment strategies for Asia.

· Star of Excellence Global Award recipient for building up private debt investment capability in Asia.

Responsibilities:

· Responsible for the formulation, review and implementation of investment strategies for Manulife's general account investments in Asia ex-Japan, includes Hong Kong, China, Singapore, Indonesia, Philippines, Thailand, Malaysia, and Vietnam.

· Established investment capabilities in currency-hedged foreign equity and FX hedging overlay strategies.

· Developed global fixed income, equity, and alternative investments capability with derivative solutions, to successfully capture yield, minimize risk, and enhance portfolio diversification.

· Performed competitive analysis of key competitor’s investment strategies for the Asian region, including studying of asset mix, liability profile, and capital implications. Formulated new investment strategies.

· Managed private debt investments. Performed security level relative value and risk analysis.

· Participated in the investment and ALCO committee meetings, monitored across all risk metrics.

• Managed ALM team to formulate investment strategies and built ALM risk management framework
• Measured, monitored and managed ALM risks, including interest rate, equity, currency, liquidity and credit risks and present results to ALCO (Asset Liability Committee)
• Developed interest rate management methodology
• Built key rate duration framework
• Oversaw business planning process and capital management
• Add financial planning, budgeting, forecast piece in the note

• Annuity Risk and Value Analysis
• Oversaw US$40Billion VA hedging books, managed the hedging program strategy
• Developed hedging strategies using Futures, Total Return Swap, Interest Rate Swap and Equity option
• Owned the hedging projections used in various financial metrics for IFRS/USGAAP reporting and developed hedge attributions for various financial metrics
• Drove Earnings at Risk (EaR) reporting, presented analysis to senior management
• Developed Hedging and Market Conditions Dashboard to show insights and set results expectation.

• Return on Excellence award (three times winner) for demonstrating leadership in managing the team to perform shifting priorities within tight deadlines, instrumental in improving the financial reporting process
• Developed Variable Annuity reserving models for death/living benefits guarantees
• Performed source of earnings analysis, business planning and forecasting
• Responsible for pricing of life retrocession deal on life insurance products.

• Developed insurance reserving and projection model.