What is the reason for the change in the 22nd board of directors and supervisors of Cathay Life Insurance?

It is due to the expiration of the term and reappointment. According to Article 195, Paragraph 2 of the Company Act, if the term of directors is not re-elected, their duties will be extended until the newly elected directors take office.

Which important positions have changed in this change?

Important positions such as the chairman, general manager, and vice chairman have been replaced.

What is the background of the new appointees?

The new appointees have extensive experience in the financial industry, such as senior vice president of Cathay Financial and general manager of Cathay Life Insurance, who are suitable for ensuring the stability of corporate governance.

[Cathay Financial] Subsidiary Cathay Life Insurance Announces the 22nd Board of Directors and Supervisors List

Published Jun 12, 2026 9:00 AM ・ Updated Jun 14, 2026 12:09 AM ・ 13 min read ・ Source: PR Times

Cathay Financial's subsidiary, Cathay Life Insurance, has announced the list of directors and supervisors for the 22nd term. Due to the expiration of terms, multiple members including corporate directors, corporate supervisors, and independent directors have been changed.

1. Date of Change: June 12, 2024 2. Appointment or Change of Personnel (Please enter corporate directors, corporate supervisors, independent directors, natural person directors, or natural person supervisors): Corporate directors, corporate supervisors, independent directors 3. Former Title and Name: (1) Corporate Director/Bear Minghe (2) Corporate Director/Lee Changgang (3) Independent Director/Wang Liling (4) Independent Director/Wu Dangjie (5) Independent Director/Yu Peipei (6) Corporate Director/Cai Zonghan (7) Corporate Director/Cai Zongyan (8) Corporate Director/Zhu Zhongqiang (9) Corporate Director/Liu Shangqi (10) Corporate Director/Lin Zhaoting (11) Corporate Director/Wang Yicong (12) Corporate Supervisor/Cai Zhiying (13) Corporate Supervisor/Lin Zhiming (14) Corporate Supervisor/Li Yongzhen (15) Corporate Supervisor/Cai Hanchang 4. Former Resume: (1) Corporate Director/Bear Minghe/Chairman of the Board of Cathay Life Insurance (2) Corporate Director/Lee Changgang/General Manager of Cathay Financial (3) Independent Director/Wang Liling/Professor at National Chengchi University, Chairman of the Taiwan Sustainable Finance and Corporate Influence Association (4) Independent Director/Wu Dangjie/Advisor to the Republic of China Accounting Research and Development Foundation, former Secretary-General of the Taiwan Financial Services Industry Association, Chairman of the Board of Huanan Financial Holding (5) Independent Director/Yu Peipei/Chairman and General Manager of Weike Bakery (Stock) Company, Independent Director of Weitron Communications (Stock) Company (6) Corporate Director/Cai Zonghan/Vice Chairman of Cathay Financial, Vice Chairman of Cathay United Bank (7) Corporate Director/Cai Zongyan/Director of Cathay Financial, Vice Chairman of Cathay Health Management Consultants (8) Corporate Director/Zhu Zhongqiang/Chairman of the Board of Meifeng Textile Dyeing Factory (Stock) Company (9) Corporate Director/Liu Shangqi/Vice Chairman of Cathay Investment Trust, formerly General Manager of Cathay Life Insurance (10) Corporate Director/Lin Zhaoting/General Manager of Cathay Life Insurance (11) Corporate Director/Wang Yicong/Senior Vice General Manager of Cathay Life Insurance, Chairman of Cathay Investment Consultants (12) Corporate Supervisor/Cai Zhiying/General Manager of Ande Development (Stock) Company (13) Corporate Supervisor/Lin Zhiming/Medical Consultant of Cathay Hospital, formerly Director of Cathay Hospital (14) Corporate Supervisor/Li Yongzhen/Former Director of Cathay Life Insurance, Senior Vice General Manager of Cathay Life Insurance (15) Corporate Supervisor/Cai Hanchang/Former Director of Cathay Life Insurance, Senior Vice General Manager of Cathay Life Insurance 5. New Title and Name: (1) Corporate Director/Bear Minghe (2) Corporate Director/Lee Changgang (3) Independent Director/Yu Peipei (4) Independent Director/Guo Zhenghong (5) Corporate Director/Cai Zongxian (6) Corporate Director/Zhu Zhongqiang (7) Corporate Director/Lin Zhaoting (8) Corporate Director/Chen Yanru (9) Corporate Director/Wang Yicong (10) Corporate Director/Wu Junhong (11) Corporate Supervisor/Cai Zhiying (12) Corporate Supervisor/Li Yongzhen (13) Corporate Supervisor/Cai Hanchang (14) Corporate Supervisor/Jian Changde 6. New Resume: (1) Corporate Director/Bear Minghe/Chairman of the Board of Cathay Life Insurance (2) Corporate Director/Lee Changgang/General Manager of Cathay Financial (3) Independent Director/Yu Peipei/Chairman and General Manager of Weike Bakery (Stock) Company, Independent Director of Weitron Communications (Stock) Company (4) Independent Director/Guo Zhenghong/Independent Director of Taizong Biotechnology (Stock) Company, formerly President and Chairman of the Board of JinYi ChungShin Certified Public Accountants (5) Corporate Director/Cai Zongxian/Senior Vice General Manager of Cathay Financial (6) Corporate Director/Zhu Zhongqiang/Chairman of the Board of Meifeng Textile Dyeing Factory (Stock) Company (7) Corporate Director/Lin Zhaoting/General Manager of Cathay Life Insurance (8) Corporate Director/Chen Yanru/Senior Vice General Manager of Cathay Financial, Director of Cathay United Bank (9) Corporate Director/Wang Yicong/Senior Vice General Manager of Cathay Life Insurance, Chairman of Cathay Investment Consultants (10) Corporate Director/Wu Junhong/Senior Vice General Manager of Cathay Life Insurance (11) Corporate Supervisor/Cai Zhiying/General Manager of Ande Development (Stock) Company (12) Corporate Supervisor/Li Yongzhen/Former Director of Cathay Life Insurance, Senior Vice General Manager of Cathay Life Insurance (13) Corporate Supervisor/Cai Hanchang/Former Director of Cathay Life Insurance, Senior Vice General Manager of Cathay Life Insurance (14) Corporate Supervisor/Jian Changde/Former Senior Vice General Manager of Cathay Life Insurance 7. Change Situation (Please enter 'Resignation', 'Dismissal', 'Term Expiration', 'Death', or 'New Appointment'): Term Expiration 8. Reason for Change: Change of the 22nd Board of Directors and Supervisors 9. Number of Shares Held by New Appointees at the Time of Appointment: Not Applicable 10. Former Term (e.g., xx/xx/xx ~ xx/xx/xx): June 9, 2023 - June 8, 2024 11. Effective Date of New Appointment: June 12, 2024 12. Rate of Change of Directors in the Same Term: Not Applicable 13. Rate of Change of Independent Directors in the Same Term: Not Applicable 14. Rate of Change of Supervisors in the Same Term: Not Applicable 15. More than one-third of the directors have changed (Please enter 'Yes' or 'No'): Yes 16. Other Matters to be Stated (If the subject of the event or resolution is a company with more than public issuance, this major information simultaneously meets the provisions of Article 7, Paragraph 6 of the Securities Exchange Act Enforcement Rules regarding matters that have a significant impact on shareholders' rights or securities prices): The former term was from June 9, 2023 to June 8, 2024. However, according to Article 195, Paragraph 2 of the Company Act, if the term of directors expires and they are not re-elected, their duties will be extended until the newly elected directors take office (i.e., June 12, 2024).

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Source: PR Times
Category: 人事

[Cathay Financial] Subsidiary Cathay Life Insurance Announces the 22nd Board of Directors and Supervisors List

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