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HomeSportsBIZ BUZZ: Yangs renew ties with McDonald’s

BIZ BUZZ: Yangs renew ties with McDonald’s



A enterprise partnership might be likened to a wedding, the place every associate solely desires the very best for the opposite and each are dedicated to creating successful of their union.

On this sense, George T. Yang and McDonald’s are a fortunately wedded couple which can be about to resume their vows.

This, as George and his son, Kenneth Yang, chair and president, respectively, of McDonald’s Philippines, have been as soon as once more granted the grasp franchise of McDonald’s within the Philippines by McDonald’s Corp. in the US.

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George has held the grasp franchise since he opened in 1981 the primary McDonald’s retailer on Morayta Road, Manila.

In 2005, McDonald’s Philippines turned a 100-percent Filipino-owned firm with George and Kenneth Yang as the bulk homeowners and Andrew Tan-led Alliance International Inc. as their funding companions.

Because the Yangs and McDonald’s renew their ties, they’re on observe to open their 800th McDonald’s retailer within the nation this 12 months after opening 65 extra branches in 2024. Finest needs! —Tina Arceo-Dumlao

READ: McDonald’s to create 20K new jobs in Philippines

New CEO for Manulife China Financial institution Life

Manulife Philippines is shaking issues up.

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The insurance coverage big simply tapped Amy Gochuico to be the brand new president and chief government officer of Manulife China Financial institution Life (MCBL), a job she formally assumed on April 1.

Gochuico’s no rookie.

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With over 30 years within the insurance coverage sport, together with a two-decade-long reign in bancassurance, she’s identified for turning companies into gold mines.

Earlier than this, she was Manulife Indonesia’s chief bancassurance officer, the place she turned the corporate’s development dial manner up.

Now, she’s again within the Philippines and able to make her mark.

“We’re past excited to have Amy again with us. She’s a powerhouse who drove big-time development at Manulife Indonesia, and we all know she’ll deliver that very same magic to MCBL,” Manulife Philippines president and chief government officer Rahul Hora stated in an announcement.



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From boosting partnerships to rising the distribution staff and managing dangers, she’s received huge plans to make Manulife the undisputed best choice for patrons. —Alden M. Monzon 



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