Ping An Life Insurance is set to welcome a new chairman. On September 24, it was learned that China Ping An Life Insurance Company Limited (Ping An Life Insurance) recently held its fourth extraordinary shareholders' meeting for 2026, where shareholders elected the members of the ninth board of directors, completing the board's transition term. Subsequently, at the first meeting of the ninth board of directors, Mr. Cai Ting was elected as chairman, with his appointment subject to regulatory approval before taking effect.

Ping An Life Insurance stated that the company continues to refine its corporate governance structure, strengthen leadership team building, enhance governance standards, and drive the effective implementation of its strategic initiatives as it advances toward high-quality development. In May of last year, Cai Ting, who was then an executive director and deputy general manager of Ping An Life Insurance, also assumed the role of vice chairman.

Cai Ting, male, currently serves as the Party Committee Secretary, executive director, and deputy general manager of Ping An Life Insurance. Since joining Ping An in 2014, he has held various positions, including project manager at the Ping An Group Chief Innovation Officer's Office, research assistant and senior project manager at the Ping An Group Strategic Development Center, deputy general manager (presiding) of the Ping An Group Employee Services Department, general manager of the Human Resources Department at Ping An Bank, deputy chief financial officer of the Ping An Group, special assistant to the chairman of Ping An Life Insurance, assistant general manager of Ping An Life Insurance, and vice chairman of Ping An Life Insurance, among other roles.

In February of this year, Ping An Life Insurance issued a temporary information disclosure report announcing that the former chairman, Yang Zheng, had retired upon reaching the age limit and stepped down from his duties. At that time, Ping An Life Insurance announced that, according to the company's Articles of Association, then-vice chairman Cai Ting would temporarily assume the chairman's responsibilities.