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Manulife Chinabank'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.



 Sandeep Deobhakta 


Executive Director

Sandeep Deobhakta (56) is the President and CEO of Manulife China Bank. He was elected director of the Company on September 2020.

Sandeep has vast insurance and banking experience having worked for AIA (Hong Kong) as Head of Operations and Transformation, Vietnam Prosperity Bank as Head of Retail Banking, Standard Bank (Africa) as Head of Personal Markets, Shinsei Bank (Japan) as Head of Retail Banking Sub-Group, Barclays Bank (Dubai) as Head of Premier-Emerging Markes, Abn Amro Bank (Hong Kong) as Head of Preferred Banking, Mphasis Corporation Singapore as Senior Business Analyst, and Citibank (Mumba) as Branch Banking Head. Before joining the Company, Sandeep was the regional chief bancassurance officer of Manulife Hong Kong.

Sandeep is a Marketing graduate of the University of Pune in India. He obtained his Masters of Business Administration Degree as a Sloan Fellow from Massachusetts Institute of Technology, Cambridge.


 Patrick Cheng 


Non-Executive Director

Patrick Cheng (57) was elected as a Non-Executive Director of the Company in December 2019. He is currently the Chief Financial Officer of China Banking Corporation, the Chairman of China Bank Insurance Brokers, Inc.’s Board of Directors, and a director of China Bank Savings Inc.

Patrick has a deep experience in banking starting with Citibank N.A. as the Vice-President for Global Consumer Bank where he held positions of increasing responsibility such as Treasury and Investments Director, Retail Bank Business Director and Insurance Director. He then became HSBC Manila Branch’s Senior Vice-President for Premier and Wealth Management , and thereafter the President and CEO of HSBC Savings Bank (Phils) Inc. He was also a two term President of the Chamber of Thrift Banks. Patrick also served as the Philippine Bank of Communications Executive Vice President and Head of Trust & Wealth Management, and China Banking Corporation's Senior Vice President and Trust Officer.

Patrick graduated Magna Cum Laude from the University of the Philipines-Diliman with a degree in Business Administration and Accountancy. He also graduated with distinction from Hult International School of Business in Cambridge, Massachusetts, with a Master’s degree in Management. He placed 7th in the National Certified Public Accountants Exam.




Non-Executive Director

William Whang was elected as a Non-Executive Director of the Company last November 2017. He is currently the President and Chief Executive Officer (CEO) of China Banking Corporation.

He started in China Bank in November 2011 as Senior Vice President and Head of Institutional Banking Group in charge of Corporate and Commercial Loans, Factoring, and Cash Management before becoming the Executive Vice President and Head of Lending Business Segment and thereafter Chief Operating Officer.

Prior to China Bank, William held key positions in other banks in the Philippines and abroad such as, Sterling Bank of Asia, Security Bank Corporation, Union Bank of the Philippines, International Exchange Bank, Westmont Bank, First Philippine International Bank, Metropolitan Bank and Trust Company, and Republic Bank of New York. He holds other directorship positions, representing China Bank, in Bancnet Inc., Banker’s Association of the Philippines and Philippine Payments Management Inc., among others.

William has a degree in Business Management from De La Salle University-Manila.




Independent Director

Rhoda Regina Rara serves as an Independent Director and chairs the Nomination and Remuneration Committee of the Company. She was first elected as Independent Director in September 2007. 

Presently, Regina is the Managing Partner of MarksPro Philippines/Law Firm of Reyes Rara & Associates. She is also the Vice President for Internal Affairs of the Intellectual Property Professors & Research Organization of the Philippines, a Professor of Criminal Law at the De La Salle University College of Law, and an accredited lecturer of the Mandatory Continuing Legal Education for members of the Integrated Bar of the Philippines. 

Prior to her present roles, Regina was a Partner at Ponce Enrile Reyes & Manalastas Law Offices (1990-2004), Corporate Secretary of First Asia Realty Development Corp. (1996-2004), and Phil. Global Communications, Inc. (1994 – 1996).

Regina holds Bachelor of Science in Legal Management and Bachelor of Laws degrees from the Ateneo de Manila University.




Independent Director

Janette L. Pena is an Independent Director of the Company and of its affiliates, Manulife Financial Plans, Inc., and Manulife China Bank Life Assurance Corp.  She was first elected as Independent Director of the Company in 2007. She is also the Chair of the Audit Committee of the Company.

Janette is currently engaged in legal consultation and special projects.  She is a director and/or corporate secretary of Central Azucarera de Tarlac, Inc., Chinese International School, Inc., First Lucky Group of Companies, Oak Drive Group of Companies, and the China Oceanis Group of Companies.
Prior to her present roles, Janette was a Senior Partner at Ponce Enrile Reyes Manalastas Law Offices (1985-2003); Director and Corporate Secretary of Pancake House Group of Companies (2000-2014), Bousted Technologies (2004-2013), Corporate Secretary of Salcon Holdings (2003-2009), Del Monte Philippines and Philippine Plaza Holdings (1995-2003).

Janette holds a Bachelor of Science degree in Business Economics and a Bachelor of Laws degree from the University of the Philippines, and Master of Laws from Harvard Law School.