Insurance

China Taiping Insurance Singapore Announces New Chief Executive

China Taiping Insurance (Singapore) Pte. Ltd. today announces the appointment of Zhang Zhongyi (张忠义) as the Chief Executive of its Singapore business, where it operates as a composite insurer.

Zhang has a wealth of experience spanning nearly three decades across various multinational financial and insurance companies with 21 years of service dedicated to China Taiping Insurance Group. During his tenure with the Group, he has held many key roles in Marine, Reinsurance, Overseas Management and the latest as the General Manager of International Department in Hong Kong. He was responsible for the Group’s international development strategy & support of overseas subsidiaries. He also sits on the Boards of the Group’s overseas subsidiaries including United Kingdom, Hong Kong, Japan, Macau, and Singapore.

Zhang had worked in China Taiping Insurance Singapore between 2006 and 2008 where he was in charge of Commercial Lines, Credit Insurance, Marine Insurance, Personal Lines, and Business Development Department.

“I am delighted to be back in Singapore. In tandem with the Singapore economy, China Taiping Insurance Singapore has grown exponentially. We strive to continually serve the community with our one-stop financial solutions,” said Mr. Zhang, “I would like to thank Mr. Yang Yamei for leading the company to where it is now.” Mr. Yang Yamei, former Chief Executive of China Taiping Insurance Singapore, has been transferred to the Group’s subsidiary and he remains on the Board of Directors in Singapore.