Reported 12 months ago
New Wealth Financial and Taishin Financial, currently working on a potential merger, both experienced significant personnel changes in July. Chairman Chen Huai-zhou of New Wealth Financial resigned last week due to health reasons and was replaced by Wei Bao-sheng. Likewise, Chairman Wu Tong-liang of Taishin Financial mentioned the change in personnel aims to initiate a generational transition. The movements in high-level staff from both companies have drawn attention as the merger process accelerates.
Source: YAHOO