Appointment of New Chief Executive Officer at YF Life

January 18, 2021

YF Life Insurance International Limited (YF Life) has announced the appointment of Mr. Zhang Ke as Chief Executive Officer. Mr. Zhang will be responsible for the day-to-day management of the Company as well as the overall strategic direction of the business in Hong Kong and Macau.

Mr. David Yu, Chairman of YF Life, says, “Mr. Zhang is a veteran business executive possessing significant management experience. I have full confidence that Mr. Zhang’s outstanding leadership and forward-looking vision will continue to create value for clients and bring the Company to the next level, enabling YF Life to evolve into a well-respected insurance company in Hong Kong, Macau, the Greater Bay Area and internationally.”

Mr. Zhang is a Partner of Yunfeng Capital. He joined Yunfeng Financial Group Limited last year, assuming the role of Executive Director, Vice Chairman and Chief Executive Officer. He has extensive working experience in the insurance and financial industries and has held several senior management positions. He has served as the Chief Strategy Consultant of China Taiping Insurance Group Limited, Vice Chairman of Taiping Life Insurance Limited (“Taiping Life”), Chairman of Taiping Poly Investment Management Co. Ltd., President of the Shanghai Lujiazui Financial City Development Fund Council, Director of Shanghai Rural Commercial Bank Co. Ltd., Director and General Manager of Taiping Life, and General Manager of Taiping General Insurance Co., Ltd. In addition, Mr. Zhang is the Vice President of the Insurance Association of China, Chairman of China Insurance Marketing Elite Alliance Council, and Global International Director of LIMRA-LOMA, among other posts. He has also garnered the Outstanding Leader accolade from the Center for Creative Leadership in recognition of his leadership in driving change and his pioneering spirit. Mr. Zhang is a graduate of Sichuan University with a bachelor’s degree in philosophy and a Ph.D. in Economics.

YF Life Insurance International Limited is a member of publicly listed Yunfeng Financial Group Limited, whose major shareholders include Yunfeng Financial Holdings Limited and Massachusetts Mutual Life Insurance Company, one of the “Five Largest US Life Insurance Companies”. Leveraging our robust financial background and solid reliability, YF Life is committed to helping customers “own the future” by providing professional and technology-enhanced one-stop risk- and wealth-management consulting services, as well as MPF services.

*Yunfeng Financial Holdings Limited and Massachusetts Mutual Life Insurance Company have an indirect shareholding in Yunfeng Financial Group Limited. The “Five Largest US Life Insurance Companies” is ranked according to the aggregate results of “Insurance: Life. Health (Mutual)” and “Insurance: Life, Health (Stock)” on total revenues for 2019, and based on the FORTUNE 500 as published on May 18, 2020.

Mr. Zhang Ke, CEO of YF Life Insurance International Ltd.

Mr. Zhang Ke, CEO of YF Life Insurance International Ltd.

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