Governance

MA Mingzhe, Peter
Executive Director
Founder of the Company
Chairman
Aged 64
Director since March 1988

Working experience
Since the establishment of the Company, Mr. Ma has successively served as the President, Director, CEO, the Chairman and CEO, and is currently the Chairman of the Company. Prior to founding the Company, Mr. Ma was the Deputy Manager of China Merchants Shekou Industrial Zone Social Insurance Company.

Education background and qualifications
Doctorate in money and banking from Zhongnan University of Economics and Law (previously known as Zhongnan University of Economics).

XIE Yonglin
Executive Director
Co-CEO
President
Aged 51
Joined the Company in 1994
Director since April 2020

Past offices
Mr. Xie was the Deputy Director of the Company’s Strategic Development & Reform Center from June 2005 to March 2006. He held positions of Operations Director, Human Resources Director, and Vice President of Ping An Bank from March 2006 to November 2013, and Special Assistant to the Chairman, President and CEO, and Chairman of Ping An Securities from November 2013 to November 2016 consecutively. He was a Senior Vice President of the Company from September 2016 to December 2019. Previously, Mr. Xie served as the Deputy General Manager of Ping An Property & Casualty’s sub-branches, the Deputy General Manager and then the General Manager of Ping An Life’s branches, and the General Manager of Ping An Life’s Marketing Department.

Education background and qualifications
Master of Science degree from Nanjing University; and Ph.D. in Corporate Management from Nanjing University

TAN Sin Yin, Jessica
Executive Director
Co-CEO
Executive Vice President
Aged 42
Joined the Company in 2013
Director since April 2020

Other positions held with the Group
Ms. Tan is a Director of a number of controlled subsidiaries of the Company, including Ping An Bank, Ping An Property & Casualty, Ping An Life, and Ping An Asset Management.

Other major offices
Ms. Tan is the Chief Operating Officer and Chairman of Ping An Technology. She is also a Non-executive Director of Lufax Holding, OneConnect, Ping An Good Doctor and HealthKonnect Medical and Health Technology Management Company Limited.

Past offices
Ms. Tan was the Chief Information Officer of the Company from January 2013 to November 2019, a Senior Vice President of the Company from June 2015 to December 2015, and the Deputy CEO of the Company from October 2017 to November 2018. Prior to joining the Company, Ms. Tan was a Global Partner of McKinsey & Company.

Education background and qualifications
Bachelor’s degrees in electrical engineering and economics from the Massachusetts Institute of Technology (MIT); and master’s degrees in electrical engineering and computer science from MIT

YAO Bo, Jason
Executive Director
Co-CEO
Executive Vice President
Chief Financial Officer
Chief Actuary
Aged 49
Joined the Company in 2001
Director since June 2009

Other positions held with the Group
Mr. Yao is a Director of a number of controlled subsidiaries of the Company including Ping An Bank, Ping An Life, Ping An Property & Casualty and Ping An Asset Management.

Other major offices
Mr. Yao serves as a Non-executive Director of Lufax Holding and Ping An Good Doctor.

Past offices
Mr. Yao served as the Senior Vice President of the Company from June 2009 to January 2016. Prior to that, Mr. Yao successively held positions of the Deputy General Manager of the Product Center, the Deputy Chief Actuary, the General Manager of the Planning Department, the Deputy Financial Officer and Financial Director of the Company

Prior to joining the Company, Mr. Yao served in Deloitte Touche Tohmatsu as a consulting actuary and Senior Manager.

Education background and qualifications
MBA from New York University; and Fellow of the Society of Actuaries (FSA)

CAI Fangfang
Executive Director
Senior Vice President
Chief Human Resources Officer
Aged 46
Joined the Company in 2007
Director since July 2014

Other positions held with the Group
Ms. Cai is a Director of a number of controlled subsidiaries of the Company including Ping An Bank, Ping An Life, Ping An Property & Casualty and Ping An Asset Management.

Other major offices
Ms. Cai serves as a Non-executive Director of Ping An Good Doctor and the Executive Vice President of Ping An School of Financial Management.

Past offices
Ms. Cai successively held the positions of Vice General Manager and General Manager of the Remuneration Planning and Management Department of the Human Resources Center of the Company from October 2009 to February 2012, served as the Vice Chief Financial Officer and General Manager of the Planning Department of the Company from February 2012 to September 2013, and served as the Vice Chief Human Resources Officer of the Company from September 2013 to March 2015. Prior to joining the Company, Ms. Cai served as the Consulting Director of Watson Wyatt Consultancy (Shanghai) Ltd. and the Audit Director on the financial industry of British Standards Institution Management Systems Certification Co., Ltd.

Education background and qualifications
Master’s degree in accounting from The University of New South Wales

Soopakij CHEARAVANONT
Non-executive Director
Aged 56
Director since June 2013

Other major offices
Mr. Chearavanont is the Chairman of CP Group, an Executive Director and the Chairman of C.P. Lotus Corporation, a Non-executive Director and the Chairman of Chia Tai Enterprises International Limited, an Executive Director and the Chairman of C.P. Pokphand Co., Ltd. and the Chairman of CT Bright Holdings Limited. Mr. Chearavanont is also the Chairman of CP ALL Public Company Limited and Charoen Pokphand Foods Public Company Limited (both listed in Thailand).

Past offices
Mr. Chearavanont served as a Director of True Corporation Public Company Limited (listed in Thailand).

Education background and qualifications
Bachelor of Science Degree from the College of Business and Public Administration of New York University

YANG Xiaoping
Non-executive Director
Aged 56
Director since June 2013

Other major offices
Mr. Yang is the Senior Vice Chairman of CP Group, the Vice Chairman and CEO of CPG Overseas, an Executive Director and the Vice Chairman of C.P. Lotus Corporation, the CEO of CT Bright Holdings Limited, the Co-Chairman of the board of directors of China Minsheng Investment Group, a Non-executive Director of CITIC Limited and Honma Golf Limited. Mr. Yang is an Associate Dean of the China Institute for Rural Studies of Tsinghua University, an Associate Dean of the Institute of Global Development of Tsinghua University, the President of Beijing Association of Enterprises with Foreign Investment and an Adviser on Foreign Investment to the Beijing Municipal Government.

Past offices
Mr. Yang was a member of the Twelfth National Committee of the Chinese People’s Political Consultative Conference, and served as the Manager for China Division and the Chief Representative of Beijing Office of Nichiyo Co., Ltd.

Education background and qualifications
Bachelor’s degree from Nanchang University (previously known as Jiangxi Polytechnic College); experience of studying in Japan; and certificate for completing a doctoral program at Tsinghua University

WANG Yongjian
Non-executive Director
Aged 55
Director since July 2018

Other major offices
Mr. Wang is the Chairman and the Secretary of Party Committee of Shenzhen Investment Holdings Co., Ltd., and an Executive Director, President and Legal Representative of Shenzhen Investment Holding Capital Co., Ltd. Mr. Wang is the President of the Council of Research Institute of Tsinghua University in the Shenzhen Training Center.

Past offices
Mr. Wang served as Vice Chairman of Shenzhen Nanyou (Holdings) Co., Ltd., Vice Chairman of Shenzhen Samsung Vision Co., Ltd., Director of Shenzhen Textile (Holdings) Co., Ltd., Chairman of Shenzhen TopoScend Capital Co., Ltd., Executive Director of Shenzhen Angel FOF Management Co., Ltd., Director of Guosen Securities Co., Ltd.,  Director of Guotai Junan Securities Co., Ltd., a Representative of Managing Partner of Shenzhen Investment Holdings Shenzhen Bay Equity Investment Fund Partnership (Limited Partnership) and other positions.

Education background and qualifications
Master’s degree in system engineering from the Management College of Shanghai Jiao Tong University

GE Ming
Independent Non-executive Director
Aged 68
Director since June 2015

Other major offices
Mr. Ge is an Independent Non-executive Director of Focus Media Information Technology Co., Ltd. and AsiaInfo Technologies Limited, as well as a Supervisor of the Bank of Shanghai Co., Ltd. and Bank of Suzhou Co., Ltd.

Past offices
Mr. Ge served asChairman of Ernst & Young Hua Ming, a Partner and the Chief Accountant of Ernst & Young Hua Ming LLP, Executive Director of the Chinese Institute of Certified Public Accountants, a member of the Certified Public Accountants Testing Committee of the Ministry of Finance, Deputy Director of the Industry Development Committee of the Beijing Institute of Certified Public Accountants, a member of the third session of the China Securities Regulatory Commission (CSRC) Expert Advisory Committee for Mergers, Acquisitions and Restructurings of Listed Companies, as well as an Independent Non-executive Director of Shunfeng International Clean Energy Limited, Shanghai Zhenhua Heavy Industries Co., Ltd., Asia Investment Finance Group Limited and Chong Sing Holdings FinTech Group Limited.

Education background and qualifications
Master’s degree in Western accounting from Chinese Academy of Fiscal Sciences (previously known as the Research Institute for Fiscal Science, Ministry of Finance); Certified Public Accountant qualification of China; and Senior Accountant qualification

OUYANG Hui
Independent Non-executive Director
Aged 57
Director since August 2017

Other major offices
Mr. Ouyang is Associate Dean and the Dean’s Distinguished Chair Professor of finance at Cheung Kong Graduate School of Business. Mr. Ouyang is also an Independent Non-executive Director of AEGON-INDUSTRIAL Fund Management Co., Ltd., Hytera Communications Corporation Limited and Peak Reinsurance Limited.

Past offices
Mr. Ouyang served as an Associate Professor of Finance at Duke University, Managing Director of UBS AG, Managing Director of Nomura Securities, and Senior Vice President and Managing Director of Lehman Brothers.

Education background and qualifications
Ph.D. in Finance from the University of California, Berkeley; and Ph.D. in Chemical Physics from Tulane University

NG Sing Yip
Independent Non-executive Director
Aged 69
Director since July 2019

Other major offices
Mr. Ng currently serves as the Vice Chairman of the Legal Committee of the Hong Kong General Chamber of Commerce, a member of the Professional Advisory Board, Asian Institute of International Financial Law, University of Hong Kong, the Chairman of the Board of Supervisors of HSBC Bank Vietnam Limited, an Independent Non-executive Director of HSBC Bank Australia Limited, and a Non-executive Director of Hang Seng Bank Limited.

Past offices
Mr. Ng served as a Crown Counsel in the Attorney General’s Chambers before going into private practice. Mr. Ng joined HSBC in June 1987 as an Assistant Group Legal Consultant, and was later appointed as a Deputy Head of the Legal and Compliance Department, and the Head of Legal and Compliance in Asia- Pacific, and served as a Non-executive Director of HSBC Bank (China) Limited.

Education background and qualifications
Bachelor’s degree and master’s degree in Laws (L.L.B. and L.L.M.) from the University of London; bachelor’s degree in Laws (L.L.B.) from Peking University; and Solicitor to the Supreme Ccourts of England, Hong Kong and Victoria, Australia

CHU Yiyun
Independent Non-executive Director
Aged 55
Director since July 2019

Other major offices
Mr. Chu is a Professor and Doctoral Supervisor of the School of Accountancy of Shanghai University of Finance and Economics, a full-time researcher of the Accounting and Finance Research Institute of Shanghai University of Finance and Economics, a Key Research Institute of Humanities and Social Sciences of the Ministry of Education, the Executive Secretary-General of the Accounting Education Branch of the Accounting Society of China, a Director of the Eighth Council of the Accounting Society of China and a member of the First Accounting Standards Advisory Committee of the Ministry of Finance. Mr. Chu is also an Independent Supervisor of Ping An Bank, an Independent Non-executive Director of Tellhow Sci-Tech Co., Ltd., Universal Scientific Industrial (Shanghai) Co., Ltd. and Bank of Jiaxing Co., Ltd.

Past offices
Mr. Chu served as an Independent Non-executive Director of Ping An Bank, Shanghai Jinfeng Wine Co., Ltd., China Jushi Co., Ltd. and Shanghai Tongji Science & Technology Industrial Co., Ltd.

Education background and qualifications
Ph.D. in Accounting from Shanghai University of Finance and Economics

LIU Hong
Independent Non-executive Director
Aged 52
Director since July 2019

Other major offices
Mr. Liu is currently a Professor and Doctoral Supervisor of Peking University as well as the Vice President of the Chinese Association for Artificial Intelligence. Mr. Liu is also an Independent Non-executive Director of Shenzhen JingQuanHua Electronics Co., Ltd., a member of the leading expert group of “Intelligent Robots” in the National “13th Five-Year Plan” Key Research and Development Plan and one of the first group of experts under the “National High-level Talent Special Support Plan.”

Education background and qualifications
Ph.D. in Mechanical Electronics and Automation from Harbin Institute of Technology; and completed postdoctoral research at Peking University

Procedures for Nomination of Directors by The Board of Directors

The measures and procedures to nominate directors other than those representing employees are as follows:

  1. the board of directors may nominate the candidate for directors to be elected from shareholders within the headcount limit as provided in the Articles of Association and according to the intended numbers to be elected.
  2. the nomination committee shall preliminarily examine the qualification and conditions of the candidate directors. The qualified candidates shall be submitted to the board of directors for examination. After the board of directors and the has approved the candidates by resolution, a written proposal of the candidate directors shall be submitted to the shareholders' general meeting. The board of directors shall provide to the shareholders the resume and brief conditions of the candidate directors.
  3. the shareholders' general meeting shall vote on the candidates one by one.
  4. in case of any need to add or change any director, the board of directors is responsible for proposing to the shareholders' general meeting the selection or change of a director.
Procedures for Nomination of Directors by Shareholders

A written notice of the intention to nominate a person for election as a director and a written notice by that person expressly indicating his acceptance of such nomination shall be given to the Company no earlier than the day after the dispatch of the notice of the shareholders' general meeting and no later than 7 days before the date of such shareholders' general meeting, and the minimum period during which the notices shall be given will be 7 days. The nomination of each director shall be by way of a separate resolution to be considered.

Functions and Powers of the Board of Directors

The board of directors shall be accountable to the shareholders' general meeting and shall exercise the following functions and powers:
(1) to be responsible for convening shareholders' general meetings and reporting its work to the shareholders' general meetings;
(2) to implement the resolutions of the shareholders' general meeting;
(3) to determine the Company's management and operation plans and investment schemes;
(4) to formulate the Company's annual budgets and final accounts;
(5) to formulate the Company's profits distribution plans and loss recover plans;
(6) to formulate plans of increasing or decreasing the Company's registered capital, and issuing corporate bonds or other securities, and listing plans;
(7) to draft plans for important acquisition or acquisition of the shares of the Company because of the circumstances (1) and (2) as required in Article 36 of the Articles of Association or the plans of merger, division, dissolution and change of the formation, of the Company;
(8) to determinate the setup of the Company's internal management structure;
(9) to appoint and remove the Company's senior management as nominated by the chairman of the board of directors(CEO) and decide their remuneration, reward and reprimand matters;
(10) to formulate the Company's basic management system and regulations; to formulate and enhance working mechanisms of the Company, such as internal control, compliance, risk, development planning;
(11) to formulate proposals to amend the Articles of Association; to formulate procedural rules of shareholders’ general meeting, procedural rules of the board of directors and to consider the working rules of the special committees of the board of directors;
(12) to manage the issues in respect of the Company's information disclosure;
(13) to decide on issues in respect of the material investment, acquisition or sale of assets, disposal and write-off of assets, asset mortgage, external guarantee, entrusted financing, affiliated transactions, etc. as authorized by shareholders' general meetings;
(14) to receive the work report of the Company's CEO and supervise his/her work;
(15) to conduct an annual due diligence appraisal of the directors, and submit the due diligence report of the directors to the shareholders’ general meeting and the supervisory committee;
(16) to propose to shareholders’ general meetings the engagement or dismissal of the accounting firms responsible for performing regular and statutory audits on the financial reports of the Company;
(17) to select and engage an external auditor responsible for auditing the directorsand senior management of the Company;
(18) to pass resolutions on purchase of the shares of the Company because of the circumstances (3), (5) and (6) as required in Article 36 of the Articles of Association;
(19)to exercise other powers as provided by laws, adminis trative rules or these Articles of Association and as authorized by the shareholders' general meeting.
All the above board resolutions shall be passed by over one half of the directors;
provided that the resolutions covered in items (6), (7) and (11) and in relation to the granting of external guarantee shall be passed by over two-thirds of the directors.

Our Committees
Strategy and Investment Committee

The primary duties of the Strategy and Investment Committee are to conduct research and provide suggestions to the Board for their consideration in relation to major investments, property transactions, financing, major capital operations, asset management projects, production and operation projects and so on, and also to promptly monitor and track the implementation of investment projects approved by the general meeting or the Board, and promptly notify all Directors of any significant progress or changes in process.

Members: MA Mingzhe (Chairman), YANG Xiaoping, WANG Yongjian, GE Ming, LIU Hong

Terms of Reference and Modus Operandi
Audit and Risk Management Committee

The primary duties of the Audit and Risk Management Committee are to review and supervise the Company’s financial reporting process and conduct risk management. The Audit and Risk Management Committee is also responsible for reviewing the external auditor appointment, the external auditor remuneration and any matters relating to the termination of the appointment or resignation of the external auditors. In addition, the Audit and Risk Management Committee also examines the effectiveness of the Company’s internal controls, which involve regular reviews of the internal controls of various corporate structures and business processes, and taking into account the respective potential risk and level of urgency, to ensure the effectiveness of the Company’s business operations and the realization of its corporate objectives and strategies. The scope of such examinations and reviews includes finance, operations, regulatory compliance and risk management. The Audit and Risk Management Committee also reviews the Company’s internal audit plan and submits relevant reports and recommendations to the Board on a regular basis.

Members: GE Ming (Chairman), YANG Xiaoping, OUYANG Hui, NG Sing Yip, CHU Yiyun

Terms of Reference and Modus Operandi

Nomination Committee

The primary duties of the Nomination Committee are to review, advise and make recommendations to the Board regarding candidates to fill vacancies on the Board and senior management.

The nomination of Directors is considered with reference to an individual’s business acumen and undertakings, academic and professional achievements and qualifications, experience and independence, having regard to the Company’s activities, assets and management portfolio. The Nomination Committee is delegated with the task of actively considering the needs of the Company at the Directors’ level and senior management’s level, studying the criteria and procedure for selecting directors and senior management. After considering and identifying appropriate candidates, the Nomination Committee then makes recommendations to the Board and implements any decisions and recommendations of the Board in relation to appointments. The aim and principal objective of the Nomination Committee are to ensure that there remains a dedicated, professional and accountable Board to serve the Company and its shareholders.

Members: NG Sing Yip (Chairman), MA Mingzhe, OUYANG Hui, CHU Yiyun, LIU Hong

Terms of Reference and Modus Operandi

Remuneration Committee

The primary duties of the Remuneration Committee is to determine, with delegated responsibility by the Board, the specific remuneration packages of the Company’s Executive Directors and senior management, including benefits in kind, pension rights and compensation payments and advise the Board in relation to establishing a formal and transparent procedure for developing remuneration policy in respect of those individuals, considering and approving remunerations based on performance and market conditions, with reference to the corporate goals and objectives set forth by the Board. In particular, the Remuneration Committee is delegated with the specific task of ensuring that no Director or any of his associates is involved in deciding his own remuneration. Where the remuneration of a member of the Remuneration Committee is to be determined, that member’s remuneration should be determined by the other members of the Committee.

Members: OUYANG Hui (Chairman), Soopakij CHEARAVANONT, GE Ming, NG Sing Yip, CHU Yiyun

Terms of Reference and Modus Operandi

Related Party Transaction Control Committee

The primary duties of the Related Party Transaction Control Committee are to coordinate the management of related party transactions of the Company, and to ensure compliance and fairness of the Company’s related party transactions as well as to guard against risks arising from such transactions.

Members: NG Sing Yip (Chairman), GE Ming, OUYANG Hui, YAO Jason Bo

Terms of Reference and Modus Operandi

Consumer Rights Protection Committee

The primary duties of the Consumer Rights Protection Committee are to coordinate consumer rights protection, establish and improve the consumer rights protection system, ensure effective protection of the legitimate rights of consumers, and support the efficient operation of the Board.

Members: NG Sing Yip (Chairman), GE Ming, OUYANG Hui, XIE Yonglin, TAN Sin Yin.

Terms of Reference and Modus Operandi

Report of the Directors
SUN Jianyi
Chairman of Supervisory Committee (Employee Representative Supervisor)
Aged 67
Joined the Company in 1990
Supervisor since August 2020

Other major office
Mr. Sun is a Non-executive Director of China Insurance Security Fund Co., LTD..

Past offices
Since joining the Company, Mr. Sun has been the General Manager of the Management Department, Senior Vice President, Executive Vice President, Vice Chief Executive Officer, Vice Chairman of the Company and the Chairman of the board of Directors of Ping An Bank.

Prior to joining the Company, Mr. Sun was the Head of the Wuhan Branch of the PBOC, the Deputy General Manager of the Wuhan Branch Office of the People’s Insurance Company of China and the General Manager of Wuhan Securities Company.

Mr. Sun was also an Independent Non-Executive Director of Haichang Ocean Park Holdings Ltd, a Non-executive Director of China Vanke Co., Ltd.


Education background and qualifications
Diploma in Finance from Zhongnan University of Economics and Law (previously Zhongnan University of Economics)

GU Liji
Independent Supervisor
Aged 71
Supervisor since June 2009

Other major offices
Mr. Gu is an Independent Non-executive Director of Bosera Asset Management Co., Ltd. Mr. Gu is also an expert on applied electronics of Shenzhen Expert Association.

Past offices
Mr. Gu was a Distinguished Professor of the Graduate School at Shenzhen, Tsinghua University, a Non-Executive Director of Xiangtan Electric Manufacturing Group Co., Ltd., an Independent Non-executive Director of Shenzhen Changhong Technology Co., Ltd. and Maxphotonics Co., Ltd., a Director of ERGO China Life Insurance Co., Ltd., and was an Executive Director of China Merchants Technology Holdings Co., Ltd. and China Merchants Technology Investment Co., Ltd. (Shenzhen). Before retirement in October 2008, Mr. Gu served as the Managing Director of China International Marine Containers Co., Ltd., the Chairman and President of China Merchants Shekou Port Service Co., Ltd., the Vice Chairman of the Company, a Director of China Merchants Bank and China Merchants Group Ltd., the Managing Director of China Merchants Shekou Industrial Zone Co., Ltd., Hoi Tung Marine Machinery Suppliers Limited (Hong Kong) and China Merchants Technology Group, and the Chairman of China Merchants Technology Holdings Co., Ltd.


Education background and qualifications
Bachelor of Engineering degree from Tsinghua University
Master of Engineering degree from the Management Science Department of University of Science and Technology of China
Advanced Management Program AMP (151) certificate from Harvard Business School

HUANG Baokui
Independent Supervisor
Aged 78
Supervisor since June 2016

Past offices
Mr. Huang was the Deputy Party Committee Secretary and Disciplinary Committee Secretary of China Merchants Shekou Industrial Zone Co., Ltd. Mr. Huang also served as the Deputy General Manager of Shenzhen Huada Electronic Co., Ltd. and held the position of supervisor in various companies, including China Merchants Shekou Industrial Zone Co., Ltd., Shenzhen Shekou Anda Industry Co., Ltd., Shenzhen Shekou Telecom Co., Ltd., China Merchants Petrochemical Co., Ltd. (Shenzhen) and China Merchants Logistics Co., Ltd.

Education background and qualifications
Bachelor’s degree in physics from Jilin University; and senior political practitioner.

ZHANG Wangjin
Shareholder Representative Supervisor
Aged 40
Supervisor since June 2013

Other major offices
Ms. Zhang is the Managing Director of CPG Overseas Company Limited (Hong Kong).

Past offices
Before joining CPG Overseas Company Limited (Hong Kong), Ms. Zhang worked in the Audit Department of PricewaterhouseCoopers LLP and the M&A and Restructuring Department of Deloitte & Touche Financial Advisory Services Limited.

Education background and qualifications
Bachelor’s degree in economics from the University of International Business and Economics; MBA from Guanghua School of Management of Peking University; and member of CPA Australia

WANG Zhiliang
Aged 41
Joined the Company in July 2002
Supervisor since August 2017

Other positions held with the Group
Mr. Wang is the Administrative Director of the Group and the Director of the Group General Office.

Past offices
Mr. Wang served as the Deputy General Manager of the Group Head Office in Shanghai, the Deputy Director, and served in the Administration Department of Tianjin Branch of Ping An Life.

Education background and qualifications
Bachelor’s degree in economic information management from Tianjin University of Finance and Economics (previously known as Tianjin Institute of Finance and Economics)

Procedures for Nomination of Supervisors other than those representing employees

The measures and procedures to nominate directors and supervisors other than those representing employees are as follows:

  1. the supervisory committee may nominate the candidate for supervisors to be elected from shareholders within the headcount limit as provided in the Articles of Association and according to the intended numbers to be elected.
  2. the supervisory committee shall preliminarily examine the qualification and conditions of the candidate supervisors. After the supervisory committee has approved the candidates by resolution, a written proposal of the candidate supervisors shall be submitted to the shareholders' general meeting. The supervisory committee shall provide to the shareholders the resume and brief conditions of candidate supervisors.
  3. the shareholders' general meeting shall vote on the candidates one by one.
  4. in case of any need to add or change any supervisor, the supervisory committee is responsible for proposing to the shareholders' general meeting the selection or change of a supervisor. The shareholder representative supervisor and independent supervisors shall be elected and dismissed at the shareholders’ general meeting, and the employee representative supervisors shall be elected and dismissed by the employees of the Company at the employees’ representative meeting or through other democratic means. More than one third of supervisors shall be employee representative supervisors.
Functions and Powers of the Supervisory Committee

The supervisory committee shall be accountable to the shareholders' general meeting and exercise the following functions and powers according to law:

  1. to submit written audit opinions on the regular reports prepared by the board of directors of the Company;
  2. to examine the Company's financial affairs;
  3. to supervise the act of the directors and the senior management who perform the companies' duties. To suggest the removal of the directors and senior management who violate any laws, regulations, the Articles of Association or resolutions passed in the shareholders' general meeting;
  4. to require a director or other senior management of the Company to rectify an act if such act is harmful to the Company's interests;
  5. to verify financial information such as financial reports, business reports, profit distribution plans, etc. that the board of directors intends to submit to the shareholders' general meeting and, if in doubt, to be able to appoint a registered accountant or practicing auditor in the name of the Company to assist in reviewing such information;
  6. to propose the holding of extraordinary general meetings and hold and preside over the shareholders' general meetings in the event that the board of directors fails to act in accordance with the regulation of the Company Law to hold and preside the shareholders' general meeting;
  7. to submit proposals to the shareholders' general meetings and nominate independent directors;
  8. to institute litigation against directors and senior management according to the Article of the Company Law;
  9. to provide supervision over the internal control, compliance, risk and the formulation and implementation of development planning of the Company, and if it is aware that the operation of the Company is improper, it can conduct investigations; if necessary, it can employ professional institutions such as accounting firms, law firms to assist his investigation work;
  10. other functions and powers provided for in the Articles of Association.
Report of the Supervisory Committee
IP So Lan
Senior Vice President
Chief Internal Auditor
Compliance Officer
Person-in-charge of Auditing
Aged 63
Joined the Company in 2004
Term of office: January 2011-present

Other positions held within the Group
Ms. Ip is a Director of a number of controlled subsidiaries of the Company, including Ping An Bank.

Past roles
Ms. Ip was the Assistant to the President of Ping An Life from February 2004 to March 2006, and the Assistant to the President of the Company from March 2006 to January 2011. Prior to joining the Company, Ms. Ip worked with AIA and Prudential Hong Kong.

Educational background and qualifications
Bachelor’s degree in Computing from the Polytechnic of Central London.

CHEN Kexiang
Senior Vice President
Aged 62
Joined the Company in 1992
Term of office: January 2007-present

Past roles
Mr. Chen served as the General Secretary of the Company’s Board of Directors from June 2002 to May 2006, and the Director of the General Office of the Company from June 2002 to April 2007. From February 2003 to January 2007, Mr. Chen served as the Assistant to the President of the Company. Previously, Mr. Chen served as Assistant Director of the General Office of the Parent Company, President of Ping An Building Management Company, Deputy Director and then Director of the General Office of the Company, and a Senior Vice President and then President of Ping An Trust.

Educational background and qualifications
Master’s degree in finance from Zhongnan University of Economics and Law (previously known as Zhongnan University of Economics).

HUANG Baoxin
Senior Vice President
Aged 55
Joined the Company in 2015
Term of office: January 2020-present

Other positions held within the Group
Mr. Huang is the General Manager of the Beijing Head Office of the Group.

Past roles
Prior to joining the Company, Mr. Huang served as the Deputy Division Director of the Industrial Transportation Department of the Ministry of Finance of the People's Republic of China (PRC), Deputy Director General of the Second Secretary Bureau of the General Office of the State Council of the PRC, Deputy Director General and then Director General of the Supervisory Bureau of the General Office of the State Council of the PRC, and deputy head of the discipline inspection team of the Publicity Department of the Central Committee of the Communist Party of China (CPC), accredited by the Central Commission for Discipline Inspection of the CPC.

Educational background and qualifications
Bachelor's degree in finance from Zhongnan University of Economics and Law (previously known as Zhongnan University of Economics); master's degree in political economy from Renmin University of China; and doctorate in public finance from the Chinese Academy of Fiscal Sciences (previously known as Research Institute for Fiscal Science, Ministry of Finance of the People’s Republic of China).

SHENG Ruisheng, Richard
Secretary of the Board of Directors
Joint Company Secretary
Aged 50
Joined the Company in 1997
Term of office: April 2017-present

Other positions held within the Group
Mr. Sheng serves as the Brand Director and spokesperson of the Company.

Past roles
From August 2002 to January 2014, Mr. Sheng served as the Assistant to the General Manager, Deputy General Manager, and General Manager of the Company’s Branding Department.

Educational background and qualifications
Bachelor of Arts degree from Nanjing University; and an MBA from the Chinese University of Hong Kong.

For the work experience and concurrent positions of Ma Mingzhe, Xie Yonglin, Tan Sin Yin Jessica, Yao Bo Jason and Cai Fangfang, please refer to Board of Directors.

The Executive Committee

The Company has established an Executive Committee, which is the highest execution authority under the Board. The primary duty of the Executive Committee is to review the Company’s internal business reports, the Company’s policies in relation to investment and profit distribution and the Company’s management policies, development plans and resource allocation plans. The Executive Committee is also responsible for making management decisions in relation to matters such as material development strategies, compliance risk management, capital allocation, synergy and brand management. In addition, the Executive Committee is responsible for reviewing the business plans of the subsidiaries of the Company and evaluating the subsidiaries’ financial performance. The Company has also established several management committees under the Executive Committee, including the Risk Management Executive Committee, the Investment Management Committee, the Investor Relations and ESG Committee and the Technology Development Committee.

For the work experience and concurrent positions of Ma Mingzhe, Xie Yonglin, Tan Sin Yin Jessica, Yao Bo Jason and Cai Fangfang, please refer to Board of Directors.

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