Lufax Holdings has experienced multiple significant personnel changes.
On November 22nd, Lujin Holdings Limited announced changes in the board of directors: Ji Kuisheng retired due to personal reasons and will no longer serve as an executive director and joint CEO; Huang Yuqiang resigned as a non-executive director of the company due to changes in personal work arrangements; Zhang Xudong resigned as an independent non-executive director of the company due to changes in personal work arrangements.
The announcement also clarifies that the board of directors of Lujin Holdings has appointed Zhu Peiqing as an executive director of the company, and Guo Shibang and Liu Hui as non-executive directors, effective from November 22, 2024.
Lujin Holdings stated that the change in board members this time is mainly due to the normal job changes of the departing directors. The company sincerely appreciates the important contributions made by the three departing directors during their tenure. The newly appointed board members will continue to maintain good collaboration between the company and Ping An Group.
The personnel adjustment related to Lufax Holdings has attracted much attention. Among them, Ji Kuisheng enjoys a high reputation in the industry. According to the information, Ji Kuisheng joined Ping An Insurance in 2011 and served as the Chief Innovation Officer. From March 2016 to January 2021, served as the CEO of Lufax Holdings, and from January 2021, served as the Co CEO of Lufax Holdings. Since December 2014, he has served as a director of Lufax Holdings and was reappointed as an executive director on the day of Lufax Holdings' listing on the New York Stock Exchange in 2020.
Lufax Holdings stated that Ji Kuisheng has been committed to China's fintech industry for over a decade, making long-term efforts and contributions to Lufax Holdings becoming a leading financial service empowerment institution for small and micro business owners in China. The company expresses sincere gratitude.
Regarding the other two directors who have resigned this time, Huang Yuqiang has undergone director changes and adjustments due to changes in his tenure at Ping An Group; Zhang Xudong is an independent director who has served as a controlling director of Lufax for over 6 years. His resignation this time is a normal adjustment.
The reporter also learned that the newly appointed executive director Zhu Peiqing is the current Chief Financial Officer of Lufax Holdings. Zhu Peiqing has served as the General Manager of the Financial Planning Department at the head office of Ping An Bank for six consecutive years since 2018. Previously worked at companies such as Industrial and Commercial Bank of China, Dahua Bank (China), PwC, Ernst&Young, Deloitte, etc., accumulating rich practical experience in financial auditing, financial management, risk control management, tax planning, and digital services.
Lujin Holdings stated that the departure of several directors was mainly due to normal job changes. The changed board of directors complies with legal and regulatory requirements, including the audit committee, nomination and compensation committee, all of which are composed of independent directors. While strengthening shareholder coordination, it ensures that corporate governance and protection of small shareholder interests are not affected, and will continue to rely on Ping An Group's brand, customers, technological resources, and extensive network advantages to consolidate Lujin Holdings' market position.