Fang Weihao was officially appointed as the chairman of Ping An Trust

Mondo Finance Updated on 2024-02-01

On January 9, with the approval of the Shenzhen Supervision Bureau of the State Administration of Financial Supervision and Administration, Fang Weihao, Secretary of the Party Committee of Ping An Trust, was officially appointed as the chairman of Ping An Trust. Yao Guiping, the former chairman of the board, no longer holds the position of chairman due to his age, and the board of directors of Ping An Trust expressed its gratitude to Yao Guiping for his contribution to the development of the company.

Yao Guiping was appointed Secretary of the Party Committee of Ping An Trust in June 2019 and Chairman of Ping An Trust in August 2019. During Yao Guiping's tenure as chairman, Ping An Trust's comprehensive strength has maintained a leading position in the industry for a long time, and put forward the goal of building a trust "boutique", taking the lead in carrying out business transformation in the industry, actively promoting the optimization of business structure, and actively withdrawing from Class C financing trusts, focusing on service trusts, private equity, and institutional asset management business, of which the scale of family trusts and insurance trusts exceeded 150 billion, laying a solid foundation for the transformation and development of Ping An Trust.

On October 19, 2023, Fang Weihao, former Chairman of the Board, Executive Director and CEO of Ping An Health, joined Ping An Trust and served as Secretary of the Party Committee of Ping An Trust. Born in 1973, Fang Weihao holds a Ph.D. in applied economics from Xi'an Jiaotong University. Since 2001, Fang Weihao has been deeply involved in the leasing industry for nearly 20 years, creating a number of industry leasing access standards in line with China's national conditions from scratch, and also pioneered the leasing form of medical equipment industry, including promoting the establishment of the first medical equipment manufacturer leasing companyParticipate in the legislative norms of the leasing industry;Innovation Leasing 20 era change path, etc., to make a significant contribution to the start and development of the industry. In 2012, Fang Weihao joined Ping An and set out to establish a leasing company, and led the team to achieve rapid business development, achieving profit in the first year of Ping An Leasing, rapidly growing into the first echelon leasing company in China, and creating a miracle of vertical take-off in the industry. In 2020, Fang Weihao joined Ping An Health, and actively cooperated with Ping An Group's strategy in the field of medical and health care"Healthcare ecosystem"Build, actively build"Managed care + family doctor membership + O2O healthcare services"Unique business model, built"To the line, to the store, to the home"The performance system of high-quality service has led Ping An Health to become a leading medical and health service platform and entrance in China. In addition, from 2016 to 2023, Fang Weihao also served as the vice chairman of Ping An Property & Casualty, during which his tenure made great progress in the property insurance business, with premiums exceeding 200 billion yuan in 2017, ranking first in the industry in solvency risk management requirements and assessment resultsAs of the end of 2022, Ping An Property & Casualty's premium income reached RMB298 billion, or RMB17.4 billion good car owners provide warm financial services.

Ping An Trust said that Fang Weihao has a profound foundation in economics, rich practical experience in operation and management, and outstanding top-level strategic planning and innovation and change capabilities. It is believed that under his leadership, Ping An Trust will further strengthen the coordination of resources within Ping An Group, promote the transformation of the company's services empowered by the insurance and health service sectors, and promote its business to a new level.

Editor-in-charge: Ren Haopeng |Review: Li Zhen |Supervisor: Wan Junwei.

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