Cathay Lujiazui Life Insurance Co. Ltd. appointed Wang Yan as a director.
Wang Yan, who replaced Xuan-yan Wang, serves as deputy general manager of Cathay Lujiazui Life Insurance. Wang Yan's appointment is pending the approval of the China Banking and Insurance Regulatory Commission.
Cathay Lujiazui Life Insurance is a unit of Taiwan-based Cathay Financial Holding Co. Ltd.