Reported 9 months ago
On June 27, 2024, at 4:10 pm, Lin Yuanhui, the general manager of First Financial Life, applied for retirement, effective on the 28th. The board of directors of First Financial Life held a meeting on the 27th and approved Yang Qicai, the chairman, to act as the general manager, pending approval from the Financial Supervisory Commission's Insurance Bureau. Additionally, the new spokesperson will be Vice General Manager Chen Qiumian, effective on the 28th. Yang Qicai, who assumed the chairmanship in July last year, has a background in the financial industry and has held various managerial positions. In terms of financial performance, First Financial Life reported a profit after tax of 436 million NTD in 2023 and a profit in May of 41.48 million NTD. The company aims to strengthen profits, especially in non-bank subsidiaries like life insurance, by enhancing sales channels and adapting to market trends.
Source: YAHOO