Personnel adjustment of Ping An Life Insurance: Cai Ting, born in the 1980s, concurrently serves as the vice chairman, and Shi Weiyu, deputy general manager, is proposed to be appointed as the general manager. Both are self-trained cadres

(Photo source: Visual China)

Blue Whale News, March 5 (Reporter Shi Yu)Today, Blue Whale News reporter learned that China Ping An Life Insurance Co., Ltd.(hereinafter referred to as Ping An Life Insurance) recently announced that after review by the company’s board of directors, Cai Ting, executive director and deputy general manager, was elected to serve as the company’s vice chairman; Deputy General Manager Shi Weiyu is expected to serve as the company’s general manager. The above job changes will take effect upon the completion of relevant corporate governance procedures or regulatory processes.

Cai Ting, born in 1985, is currently the executive director and deputy general manager of Ping An Life Insurance, in charge of the channel center, product center, and financial enterprise center. Cai Ting joined Ping An in 2014 and has served as project manager in the Office of the Chief Innovation Executive Officer of Ping An Group, research assistant/senior project manager of the Strategic Development Center of Ping An Group, deputy general manager of the employee service department of Ping An Group (presiding), general manager of the Human Resources Department of Ping An Bank, deputy chief financial executive officer of Ping An Group, special assistant to the chairman of Ping An Life, and assistant to the general manager of Ping An Life.

Female general Shi Weiyu is an old Ping An. She is currently the deputy general manager of Ping An Life Insurance, in charge of the operation center, the Science and Technology Research and Development Department, the Legal Compliance Department, and the Audit and Supervision Department. Since joining Ping An in 1999, Shi Weiyu has served as an employee of the Marketing Management Department of Ping An Life Insurance Jinan Branch, an employee of the Marketing Department of Ping An Life Insurance Headquarters, the head of the Business Management Office of the Marketing Supervision Department of the Central and Western District Business Department of Ping An Life Insurance Central and Western District Business Department, Director of the Comprehensive Management Office of the Marketing Department, Sales Manager/Deputy General Manager of Ping An Life Jiangxi Branch, Senior Project Manager of Ping An Group Strategic Development Center, Project Director of Ping An Life New Channel Business Department, Director of the Customer Operation Department of Ping An Life’s Internet Business Group, Chief Operating Officer and General Manager of the Customer Service Department of Ping An Life Insurance Headquarters, etc.

Regarding this personnel adjustment, Ping An Life responded to reporters that Cai Ting and Shi Weiyu are both outstanding compound management cadres independently trained by Ping An. ldquo; This adjustment will further improve the corporate governance structure, strengthen leadership team building, deepen life insurance reform and transformation, and promote the company to steadily move towards high-quality development. rdquo;

In October 2024, Ping An Life Insurance issued an interim information disclosure report, announcing that the former general manager Yu Hong would step down from relevant positions. At the same time, Yang Zheng, Secretary of the Party Committee and Chairman, served as the interim person in charge of the company and acted as the general manager.

Judging from the current strategic layout, since the life insurance reform was launched at the end of 2019, Ping An Life has promoted the 4-channel +3 product reform strategy and continued to promote the construction of four major channels: agent, bancassurance, community finance and sink channels. At the same time, we will deepen the three core services of insurance + medical health insurance + home pension insurance + high-quality health care communities to promote the layout of the field of health care. Data shows that Ping An Life will achieve premium income from original insurance contracts of 502.877 billion yuan in 2024, a year-on-year increase of 7.8%.