Yuanta Financial Holdings Announces Change of Chairman of the Council of Members at Subsidiary Yuanta Securities Vietnam
On May 18, 2026, Yuanta Financial Holdings announced a change in the Chairman of the Council of Members for its subsidiary, Yuanta Securities Vietnam. Based on management strategy, Mr. Wang Chung-Shan has been appointed to replace the former chairman, Mr. Chao Jen-Kai. Mr. Wang was the Authorized Representative of Yuanta Securities Vietnam and previously served as the Chief Financial Officer of Yuanta Securities (Thailand). This appointment will take effect after approval from Vietnamese authorities.
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- 📰 Published: May 19, 2026 at 06:31
- 🔍 Collected: May 19, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 19, 2026 at 06:53 (21 min after Collected)
Announcement Date: 2026/05/19
Spokesperson Date: 2026/05/18
Spokesperson Time: 16:14:18
Company Code: 2885
Company Name: Yuanta FHC
Subject: Yuanta FHC announces change of Chairman of the Council of Members for subsidiary Yuanta Securities Vietnam
Date of Occurrence: 2026/05/18
Explanation:
1. Date of change: 2026/05/18
2. Title of personnel change: Chairman of the Council of Members
3. Name and title of former holder: Mr. Chao Jen-Kai / Chairman of the Council of Members, Yuanta Securities Vietnam
4. Resume of former holder: Mr. Chao Jen-Kai / Chairman of the Council of Members, Yuanta Securities Vietnam
5. Name and title of new holder: Mr. Wang Chung-Shan / Authorized Representative, Yuanta Securities Vietnam
6. Resume of new holder: Mr. Wang Chung-Shan
(1) Authorized Representative, Yuanta Securities Vietnam
(2) Chief Financial Officer, Yuanta Securities (Thailand)
(3) Senior Executive Vice President, Yuanta Securities (Thailand)
7. Type of change: New Appointment
8. Reason for change: In accordance with the operational strategy of Yuanta Securities Vietnam, a new Chairman of the Council of Members was elected.
9. Shareholding at time of appointment: Not applicable
10. Original term of office: 2024/07/19 ~ 2029/07/18
11. Effective date of new appointment: As the Chairman of the Council of Members of Yuanta Securities Vietnam will also serve as the legal representative, the appointment will take effect after the approval of the legal representative by the competent authority in Vietnam.
12. Other items to be specified: None
Spokesperson Date: 2026/05/18
Spokesperson Time: 16:14:18
Company Code: 2885
Company Name: Yuanta FHC
Subject: Yuanta FHC announces change of Chairman of the Council of Members for subsidiary Yuanta Securities Vietnam
Date of Occurrence: 2026/05/18
Explanation:
1. Date of change: 2026/05/18
2. Title of personnel change: Chairman of the Council of Members
3. Name and title of former holder: Mr. Chao Jen-Kai / Chairman of the Council of Members, Yuanta Securities Vietnam
4. Resume of former holder: Mr. Chao Jen-Kai / Chairman of the Council of Members, Yuanta Securities Vietnam
5. Name and title of new holder: Mr. Wang Chung-Shan / Authorized Representative, Yuanta Securities Vietnam
6. Resume of new holder: Mr. Wang Chung-Shan
(1) Authorized Representative, Yuanta Securities Vietnam
(2) Chief Financial Officer, Yuanta Securities (Thailand)
(3) Senior Executive Vice President, Yuanta Securities (Thailand)
7. Type of change: New Appointment
8. Reason for change: In accordance with the operational strategy of Yuanta Securities Vietnam, a new Chairman of the Council of Members was elected.
9. Shareholding at time of appointment: Not applicable
10. Original term of office: 2024/07/19 ~ 2029/07/18
11. Effective date of new appointment: As the Chairman of the Council of Members of Yuanta Securities Vietnam will also serve as the legal representative, the appointment will take effect after the approval of the legal representative by the competent authority in Vietnam.
12. Other items to be specified: None
FAQ
Who is the new leader of Yuanta Securities Vietnam?
Mr. Wang Chung-Shan, who has experience at Yuanta Securities (Thailand), will assume the new role of Chairman of the Council of Members.
Why was this personnel change made?
It was made in line with the management strategy in Vietnam, likely aimed at strengthening the Southeast Asian business.
When will the new leadership take effect?
The new chairman's appointment will officially take effect after approval procedures by Vietnam's financial authorities.