HK’s FTLife Insurance names new CEOJanuary 22 2018 by InsuranceAsia News Staff
FTLife has named Gerard Yang as its new CEO. Yang, who joined FTLife in 2016, previously worked for MetLife.
The company serves individual and institutional clients with a portfolio of financial protection and wealth management products.
“[Last year] saw even fiercer competition in the local insurance market,” said Yang. “We have a strong agency force and outstanding management team within FTLife. Our outlook is optimistic.”
FTLife is a wholly-owned subsidiary of the Beijing-headquartered Tongchuangjiuding Investment Management Group or JD Group.
“With strong backing from JD Group and the board, I am confident that our excellent teams under his leadership will together realise the company’s vision of becoming a world-class customer-centric insurance company that achieves long-term growth by flourishing in Hong Kong, deepening integration with mainland China and expanding throughout Asia,” said FTLife chairman Fang Lin.
- August 9
It will limit investments in companies that derive more than 30% of their business from burning coal.
- July 16
Investment arm Riverhead Capital is funding the leasing services and leasing asset management specialist.
- June 20
The country's financial regulator may increase the quota for local insurers that invest in innovative domestic industries.
- June 15
Rising rates benefit dollar bond investors in the long run but signal growing policy divergence in Asia.