Reported 12 months ago
On July 1, 2024, Taiwan's Shin Kong Financial Group announced a major top-level restructuring, with former Minister of Economic Affairs Wang Meihua appointed as an independent director of the group and also as an independent director of its subsidiary, Taiwan Shin Kong Bank. In addition, Shin Kong Bank's CEO and Personal Financial Services Executive Shang Ruiqiang was promoted to Vice Chairman of the bank, while the new CEO of the bank is Lin Shu-zhen. The former CEO of the bank's Personal Financial Services division, Lin Jinren, is now the CEO. Furthermore, Shin Kong Life Insurance Company saw a change in its Chairman, with the appointment of the Deputy Chairman and CEO of Shin Kong Financial Group, Cai Kang. This restructuring was described as a 'new generation transition' by Shin Kong Financial Group's Chairman Wu Dongliang, highlighting the company's efforts to provide opportunities for rising talents within the organization.
Source: YAHOO