HONG KONG, Jan. 18, 2018 /PRNewswire/ -- FTLife Insurance Company Limited ("FTLife") announces that Gerard Yang has formally assumed the role of CEO from 17 January 2018.
FTLife Chairman Fang Lin said: "I would like to extend congratulations and full support to Gerard on his new appointment. I am sure he will lead FTLife to scale greater heights with new growth and spectacular results. 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."
CEO Gerard Yang said: "2017 saw even fiercer competition in the local insurance market. However, FTLife rose against the market trend with strong growth momentum by achieving an impressive year-on-year growth of 20% in APE. We have a strong agency force and outstanding management team within FTLife. Our outlook is optimistic. With our concerted efforts, we will provide customers with even more competitive products and superior services as well as create sustainable value for our stakeholders."
Short Biography of CEO Gerard Yang
Gerard Yang joined FTLife in 2016. He has more than 20 years of experience in the life insurance industry in Hong Kong and across Asia. He has previously worked for one of the world's largest global life insurance companies. He has built a solid reputation for managing finance while excelling in actuarial, legal, risk and compliance fields. In addition, he made significant contributions in developing strong distribution channels -- including agency and brokers/IFA channels -- and boosting new business value. Mr Yang is a Certified Accountant of CPA Australia and holds a business degree from Macquarie University in Australia.
About FTLife Insurance Company Limited
FTLife Insurance Company Limited ("FTLife") is one of Hong Kong's largest life insurance companies and a wholly-owned subsidiary of Tongchuangjiuding Investment Management Group Co., Ltd. ("JD Group"). Capitalising on a heritage of professionalism and excellence in serving clients, FTLife seeks to become a leading insurance group in Asia. It serves individual and institutional clients from a diverse portfolio of financial protection and wealth management products. FTLife aims to excel by cultivating lasting relationships and dedicates itself to providing clients with best-of-breed financial services to help them lead fulfilling lives.
About JD Group
Headquartered in Beijing, JD Group has offices in China, North America and other parts of Asia. The Group runs companies in the financial services industry and is engaged principally in investment, Internet finance, and insurance. One such business is JD Capital, a China-based leader in private equity investment. The Group aspires to become an insurance-centric financial asset management platform operating on a global scale.
Media inquiries
FTLife Insurance Company Limited
Branding, Marketing & Communications
Tel: +852 2591 8888
Email: ftlhk.mkt@ftlife.com.hk
