OneConnect Financial Technology Co., Ltd. announced that with effect from November 2, 2023, (i) Ms. Rong Chen has resigned as an executive Director and a co-general manager, and has ceased to be a member of the compensation and nomination committee; (ii) Mr. Min Zhu has resigned as a non-executive Director; and (iii) Ms. Sin Yin Tan has resigned as a non-executive Director. The Board announced that Mr. Michael Guo has been appointed as a non-executive Director with effect from November 2, 2023. Mr. Guo, aged 51, is currently serving as the co-chief executive officer of Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries.

Mr. Guo joined Ping An Group in September 2019 and served as the Executive Vice President of Ping An Property & Casualty Insurance Company of China, Ltd. and the Chief Human Resources Officer of Ping An Group. Ping An is a company listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange (stock code: 2318), and is a controlling shareholder of the Company. Prior to joining Ping An Group, Mr. Guo served as a Partner and a Managing Director at Boston Consulting Group.

Mr. Guo obtained his bachelor's degree in Information and Control Engineering from Xi'an Jiaotong University and MBA degree from the University of New South Wales. Following the resignation of Ms. Rong Chen, Mr. Guo has been appointed as a member of the compensation and nomination committee of the Board of the Company with effect from November 2, 2023.