Reported 12 months ago
Following the resignation of Chen Huaizhou as chairman of Shin Kong Financial Holding due to personal health reasons, Wei Baosheng has been appointed as the new chairman, as well as continuing to serve as chairman of Shin Kong Life. Wei is expected to carry out a commitment to raise 12.5 billion NT dollars in cash, invest in the subsidiary Shin Kong Life, strengthen the capital structure of Shin Kong Financial Holding and its subsidiaries, and enhance profitability, cross-selling synergies, digital efficiency, and corporate governance in line with international sustainability trends. Wei, with over 30 years of experience in the financial industry, is a veteran in the Taiwanese financial sector and the first Taiwanese to receive the prestigious Eisenhower Fellowship in insurance. Under Wei's leadership since joining Shin Kong Financial Holding in 2023, Shin Kong Life has seen significant growth in profitability and business momentum. Looking ahead, Shin Kong Financial Holding aims to maintain stable profits, pursue operational synergies, and develop innovative products while upholding sustainable business practices and the corporate spirit of 'Light Everywhere, Heart with You.'
Source: YAHOO