FTLife revealed that Gerard Yang has formally assumed the role of CEO from 17 January 2018.
Yang joined FTLife in 2016, previously working for one of the world’s largest global life insurance companies. He boasts over 20 years of experience in the life insurance industry in Hong Kong and across Asia.
Commenting on the appointment, chairman of FTLife, Fang Lin said: “I would like to extend congratulations and full support to Gerard on his new appointment. I am sure he will lead FTLife to scale greater heights with new growth and spectacular results. With strong backing from JD Group and the Board, I am confident that our excellent teams under his leadership will together realise the company’s vision of becoming a world-class customer-centric insurance company that achieves long-term growth by flourishing in Hong Kong, deepening integration with China and expanding throughout Asia.”
Yang said: “2017 saw even fiercer competition in the local insurance market. However, FTLife rose against the market trend with strong growth momentum by achieving an impressive year-on-year growth of 20 percent in APE. We have a strong agency force and outstanding management team within FTLife. Our outlook is optimistic. With our concerted efforts, we will provide customers with even more competitive products and superior services as well as create sustainable value for our stakeholders.”