Cathay Financial Holding Co., Ltd. announced the resignation of Hong-Tu Tsai:Chairman, Cathay Life Insurance Co., Ltd; Nominated by Liang-Ting Industrial Co., Ltd. Cheng-Ta Tsai: Managing Director, Cathay Life Insurance Co., Ltd.; Nominated by Chen-Sheng Industrial Co., Ltd., Cheng-Chiu Tsai: Chairman, Cathay Century Insurance Co., Ltd; Nominated by Cathay Life Employees' Welfare Committee, Tiao-Kuei Huang:Vice Chairman, Cathay Life Insurance Co., Ltd; Nominated by Cathay Life Employees' Welfare Committee, Ming-Ho Hsiung:President, Cathay Life Insurance Co., Ltd.; Nominated by Cathay Real Estate Co., Ltd., Tsu-Pei Chen: Chairman, Cathay United Bank.; Nominated by Cathay Real Estate Co., Ltd., Chang-Ken Lee: President, Cathay United Bank.; Nominated by Cathay General Hospital, Jeff Chang: Chairman, Cathay Securities Investment Trust Co., Ltd.; Nominated by Chia Yi Capital Co., Ltd., Peter V. Kwok:Chairman, CITIC Resources Holdings Limited; Nominated by Chia Yi Capital Co., Ltd., Chi-Wei Joong: President, CMB Credit Card Center as directors of the company. The company appointed Hong-Tu Tsai:Chairman, Cathay Life Insurance Co., Ltd.; Cathay Medical Care Corporate Representative: Cheng-Ta Tsai/Managing Director, Cathay Life Insurance Co., Ltd.; Chen-Sheng Industrial Co., Ltd. Representative: Cheng-Chiu Tsai/Chairman, Cathay Century Insurance Co., Ltd.; Chia Yi Capital Co., Ltd. Representative: Peter V. Kwok/Chairman, CITIC Resources Holdings Limited; Chia Yi Capital Co., Ltd. Representative: Yeou-Tsair Tsai/Chairman, Mega Financial Holding Co., Ltd.; Chia Yi Capital Co., Ltd. Representative: Chi-Wei Joong/Chairman, ModernTimes China Co. Ltd.; Cathay Medical Care Corporate Representative:Tsu-Pei Chen/Chairman, Cathay United Bank;Cathay Life Insurance Co., Ltd. Employees’Welfare Committee Representative: Tiao-Kuei Huang/Vice Chairman, Cathay Life Insurance Co., Ltd.; Cathay Life Insurance Co., Ltd. Employees’Welfare Committee Representative: Chang-Ken Lee/President, Cathay United Bank.; Cathay Life Insurance Co., Ltd. Employees’Welfare Committee Representative:Ming-Ho Hsiung/President, Cathay Life Insurance Co., Ltd.
Cathay Financial Holding Co Ltd is a Taiwan-based financial holding company principally engaged in the investment and the management of investment business. The Company operates through five business segments. The Banking Business segment is mainly engaged in the banking, foreign exchange, guarantee, foreign exchange investment, trust and offshore financial businesses. The Life Insurance Business segment is principally engaged in the sales of traditional, investment and interest rate variable annuities and various insurance products, as well as provision of financial planning services. The Property Insurance Business segment is mainly engaged in the fire insurance, marine insurance, land and air insurance, guarantee insurance and reinsurance. The Securities Business segment is mainly engaged in the securities brokerage, self-employed and underwriting businesses, as well as provision of related financial services. The Others segment is mainly engaged in other assets and others.
CATHAY FINANCIAL HOLDING CO., LTD. 
