Ping An Appoints AI Expert Ray Wang as Chief Technology Officer to Accelerate Comprehensive Digital Transformation
HONG KONG and SHANGHAI, July 29, 2025 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An", the "Company" or the "Group", HKEX: 2318; SSE: 601318) has announced the appointment of Mr. Ray Wang as the Group's Chief Technology Officer (CTO) and General Manager of Ping An Technology. The appointment of Ray Wang will significantly enhance the Company's research and development (R&D) and application capabilities in artificial intelligence (AI). His leadership is expected to drive the deep integration of Ping An's self-developed large language models and open-source big data platforms, accelerating the establishment of five key digital systems "digital business, digital operations, digital management, digital marketing, and digital services." This move aims to inject strong momentum into the Company's technology-enabled "integrated finance + health and senior care" dual-driver strategy, further advancing its comprehensive digital transformation.Ray Wang holds a master's degree in computer science from the National University of Singapore. Prior to joining Ping An, he held senior technical ...Full story available on Benzinga.com
Leading Chinese financial services giant, Ping An Insurance (Group) Company of China, has announced a significant step in its digital transformation journey with the appointment of Mr. Ray Wang as its new Chief Technology Officer (CTO) and General Manager of Ping An Technology. The move, effective immediately, underscores Ping An's commitment to leveraging cutting-edge technology, particularly artificial intelligence (AI), to enhance its operations and services.
Based in Hong Kong and Shanghai, Ping An (HKEX: 2318; SSE: 601318) is betting on Wang's expertise to significantly boost its research and development capabilities in the rapidly evolving field of AI. With a master's degree in computer science from the prestigious National University of Singapore, Wang brings a wealth of experience to the role. [More details on his prior experience are available in the full story.]
The appointment is strategically aligned with Ping An's ambition to accelerate the integration of its own large language models and open-source big data platforms. This integration is crucial for establishing five key digital systems across the organization. These systems encompass "digital business," focusing on innovative online offerings; "digital operations," streamlining internal processes; "digital management," improving decision-making through data insights; "digital marketing," enhancing customer engagement; and "digital services," providing seamless and personalized customer support.
By strengthening these core digital areas, Ping An aims to inject fresh momentum into its technology-driven "integrated finance + health and senior care" dual-driver strategy. This strategy positions Ping An to offer a comprehensive suite of financial products and healthcare services, all powered by advanced technology and data analytics. The company believes that Wang's leadership will be instrumental in propelling its comprehensive digital transformation forward, ensuring Ping An remains at the forefront of innovation in the financial and healthcare sectors. The full story, with additional details about Mr. Wang's background, is available on Benzinga.com.