China Taiping Insurance (Singapore) Pte. Ltd. today announces the appointment of Mr. Zhang Zhongyi (张忠义) as the Chief Executive of its Singapore business, where it operates as a composite insurer.
Mr. 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.
Mr. 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.
About China Taiping Insurance Singapore
China Taiping Insurance (Singapore) Pte. Ltd. (“CTPIS”) is a leading insurer for both life and general insurance businesses. Established in Singapore since 1938, CTPIS has a financial strength rating of A- by S&P and A by AM Best. We have been assuring our customers in Singapore with financial peace of mind for over 80 years.
CTPIS is wholly owned by China Taiping Insurance Holdings Company Limited, which has been listed on the Hong Kong Stock Exchange since 2000, making it the first Chinese-funded insurer listed overseas. China Taiping Insurance Group Limited is a large transnational financial and insurance group with business network in Mainland China, Hong Kong, Macau, North America, Europe, Oceania, East, and Southeast Asia. The brand has gained international recognition over the years and successfully made the rankings in the “Global Fortune 500 Companies” since 2018.
Media Contact
China Taiping Insurance (Singapore) Pte. Ltd.
Cindy Cheng
Head, Marketing
Tel: (65) 9189 1662
cindy.cheng@sg.cntaiping.com
Stephanie Wong
Manager, Marketing
Tel: (65) 9247 6661
stephanie.wong@sg.cntaiping.com