Ping An Life Elects Cai Ting as Chairman, Pending Regulatory Approval
Ping An Life Insurance elected Cai Ting as its new chairman on September 24, 2026, following the election of the ninth board of directors at the company's fourth extraordinary general meeting. The appointment is subject to regulatory approval. Cai, born after 1985, previously served as vice chairman and acting chairman after former chairman Yang Zheng retired in February 2026. The company also reported first-half 2026 new business value of 24.847 billion yuan, up 11.2% year-on-year.
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Ping An Life Insurance Elects Cai Ting as New Chairman, Pending Regulatory Approval
Ping An Life Insurance has announced the election of Cai Ting as its new chairman, following a board换届 (re-election) at its fourth extraordinary general meeting in 2026. The appointment is subject to regulatory approval. Cai, born after 1985, currently serves as the company's Party Secretary, executive director, and vice president. He joined Ping An Group in 2014 and has held various roles including project manager in the Chief Innovation Officer's office, deputy general manager of employee services, general manager of human resources at Ping An Bank, and deputy chief financial officer of the group. He most recently served as vice chairman of Ping An Life. The leadership change follows the retirement of former chairman Yang Zheng in February 2026, after which Cai had been acting chairman. The announcement also highlights the company's first-half 2026 performance, with new business value reaching 24.847 billion yuan, up 11.2% year-on-year, marking 14 consecutive quarters of double-digit growth. Agent channel per-capita new business value rose 14.1%, and bancassurance channel new business value grew 18.0%. Non-traditional channels contributed nearly 40% of new business value, up 3.8 percentage points.
Read sourceCai Ting Nominated as Chairman of Ping An Life Insurance
Ping An Life Insurance Co., Ltd. announced that its fourth extraordinary general meeting of shareholders in 2026 elected the ninth board of directors, completing the board's term renewal. The subsequent first meeting of the ninth board elected Cai Ting as chairman, pending regulatory approval. Cai Ting, currently the company's Party Secretary, Executive Director, and Vice President, joined Ping An Group in 2014 and has held various roles including Chief Innovation Officer Office Project Manager, Strategic Development Center Research Assistant/Senior Project Manager, Employee Services Department Deputy General Manager (presiding), Ping An Bank Human Resources General Manager, Deputy Chief Financial Officer, Special Assistant to the Chairman of Ping An Life, General Manager Assistant, and Vice Chairman. In February, former chairman Yang Zheng retired due to age, and Cai Ting, as Vice Chairman, had been acting as chairman per the company's articles of association. Ping An Life stated the changes aim to improve governance, strengthen leadership, and advance high-quality development.
Read sourcePing An Life Elects Cai Ting as Chairman, Pending Regulatory Approval
On September 24, Ping An Life Insurance Co., Ltd. announced that it held its fourth extraordinary general meeting of shareholders in 2026, during which the ninth board of directors was elected, completing the board's换届 (leadership transition). Subsequently, at the first meeting of the ninth board of directors, Cai Ting was elected as the company's chairman. The appointment is subject to approval by the regulatory authorities before it takes effect. The announcement signals a leadership change at one of China's major life insurers, with the new chairman's role contingent on formal regulatory clearance.
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Ping An Life Insurance Elects Cai Ting as New Chairman, Pending Regulatory Approval
Ping An Life Insurance Company of China announced on September 24 that it held its fourth extraordinary general meeting of shareholders in 2026, during which it elected the ninth board of directors and completed the board's term renewal. Subsequently, the ninth board of directors held its first meeting and elected Cai Ting as the new chairman of the company. The appointment is subject to approval by the regulatory authorities before it takes effect. The announcement marks a significant leadership transition at one of China's major life insurance firms.
Read sourceCai Ting Proposed as Chairman of Ping An Life Insurance After Board Election
According to a report from Cailianshe on September 24, Ping An Life Insurance has completed its board of directors election. The board has proposed Cai Ting as the chairman of the ninth board of directors. The appointment is subject to approval by regulatory authorities before it takes effect. Ping An Life stated that it will continue to improve its corporate governance structure, strengthen leadership team building, enhance governance levels, and promote the effective implementation of its strategy. The report is attributed to Cailianshe reporter Cao Yunyi.
Cai Ting Nominated as Chairman of Ping An Life Insurance, Pending Regulatory Approval
According to a report from Shanghai Securities News, Ping An Life Insurance held its fourth extraordinary general meeting in 2026, electing the ninth board of directors and completing the board's transition. The subsequent first meeting of the ninth board elected Cai Ting as chairman, subject to regulatory approval. Cai Ting currently serves as the company's Party Secretary, executive director, and deputy general manager. He joined Ping An Group in 2014 and has held various roles including project manager in the Chief Innovation Officer's office and deputy general manager of the employee services department. The appointment follows the retirement of former chairman Yang Zheng in February 2026, after which Cai Ting served as acting chairman. The report also highlights Ping An Life's performance in the first half of 2026, noting a 11.2% year-on-year increase in new business value to 248.47 billion yuan, marking 14 consecutive quarters of double-digit growth. Agent channel per-capita new business value rose 14.1%, while bancassurance channel new business value grew 18.0%. Silver channel, community financial services, and other channels contributed nearly 40% of new business value, up 3.8 percentage points year-on-year.
Read sourcePing An Life Insurance Elects Cai Ting as Chairman, Pending Regulatory Approval
Ping An Life Insurance announced that its fourth extraordinary general meeting in 2026 elected the ninth board of directors, completing the board's term renewal. The subsequent first meeting of the ninth board elected Cai Ting as chairman, subject to regulatory approval. Cai Ting, born after 1985, currently serves as the company's Party Secretary, executive director, and deputy general manager. He joined Ping An Group in 2014 and held various roles including project manager in the Chief Innovation Officer's office and deputy general manager of the employee services department. The previous chairman, Yang Zheng, retired in February 2026, after which Cai Ting, then vice chairman, acted as interim chairman. The article also reports that in the first half of 2026, Ping An Life's new business value reached 24.847 billion yuan, up 11.2% year-on-year, marking 14 consecutive quarters of double-digit growth. Agent channel per-capita new business value rose 14.1%, bancassurance channel new business value increased 18.0%, and bancassurance, community finance, and other channels contributed nearly 40% of new business value, up 3.8 percentage points.
Read sourceCai Ting Nominated as Chairman of Ping An Life Insurance, Pending Regulatory Approval
According to a report from Cailianshe on September 24, Ping An Life Insurance has completed its board of directors election. The board has nominated Cai Ting to serve as the chairman of the ninth board of directors, effective upon regulatory approval. Ping An Life stated that it will continue to improve corporate governance, strengthen leadership team building, enhance governance levels, and promote the effective implementation of its strategy. The information was sourced from Cailianshe and published on East Money's A-share companies channel.
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