The board of directors of Ping An Securities Group (Holdings) Limited announced the appointment of Dr. Yang Tao as an independent non-executive Director of the company as well as the chairman of the nomination committee and a member of the audit committee and the remuneration committee with effect from 26 February 2018. Dr. Yang is currently the deputy director of the National Institute of Finance and Development and the director of the Industrial Finance Research Institute of the Chinese Academy of Social Sciences.