Fintech PR
Ping An Releases 2024 Sustainability Report
30 Years of Public Welfare Education
“Worry-free, Time-saving and Money-saving” Project Creates a New Paradigm in Services
HONG KONG and SHANGHAI, April 7, 2025 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (“Ping An“, the “Company” or the “Group”, HKEX: 2318; SSE: 601318) has published its Sustainability Report 2024.
This is the 16th consecutive year that Ping An has released its sustainability report. The report features two themes: “Public Welfare Education” and “Worry-free, Time-saving and Money-saving” services. It also discloses the Company’s latest progress across five key areas: strategic management; business; operations and community; climate change and carbon neutrality; and governance.
Theme One: Thirty Years of Public Welfare Education
Ma Mingzhe, Chairman of Ping An Group said, “As long as there is still one student at Ping An Hope Primary School, our public welfare volunteer teaching will continue.”
Ping An’s public welfare education initiative marked its 30th anniversary in 2024. Since the establishment of the first Ping An Hope Primary School in 1994, the Group has continued to support rural education through measures such as infrastructure and maintenance, volunteer teaching, educational scholarships, training and development, and summer camps. In 2024, Ping An’s support included:
- renovation of 22 rural schools
- donation of sports grounds to five rural schools to create a better learning and sports environment for students
- organization of 987 volunteers to conduct teaching in 74 schools, contributing 6,767 teaching hours
- educational scholarship programs that collectively supported 1,065 students, including enabling 65 students realize their university dreams
- training of 294 rural teachers
- organization of 165 teachers and students from 27 schools to participate in summer and winter camp activities
As of the end of 2024, Ping An had assisted in building 119 Ping An Hope Primary Schools across the country. It recruited 12,708 volunteer teachers who contributed more than 443,000 total teaching hours. Ping An also established educational scholarships which have cumulatively supported 31,345 students, and trained over 20,000 rural teachers, benefiting 310,000 students.
Theme Two: “Worry-free, Time-saving and Money-saving” Project Creates a New Paradigm in Financial Services
Michael Guo, Co-CEO of Ping An Group, said, “Customers’ voices, needs and suggestions are the guide for our service reform and product upgrade.”
Since Ping An was established 36 years ago, the Company has grown into a world-leading “integrated finance + health and senior care” services group. Adhering to the value proposition of “worry-free, time-saving, and money-saving” services, Ping An focuses on developing professional products and services for three main scenarios: financial advisers, family doctors, and senior care concierges. Ping An made every effort to promote its value proposition in 2024. The Group launched its 2024 Customer Listening Day in May, calling on senior executives, business teams and front-line employees to engage with customers to understand their needs and pain points, and then accelerate the upgrading of product and service upgrades.
To meet customers’ diversified needs in wealth management, health, and senior care, Ping An provides services such as wealth management, insurance protection, and consumer credit through an integrated financial model featuring “one customer, multiple accounts, multiple products, and one-stop services.” As of the end of 2024, Ping An had 242 million retail customers, with an average of 2.92 contracts per customer. More than 25% of them were holding four or more contracts within the Group. Nearly 63% of Ping An’s retail customers were entitled to service benefits in the health and senior care ecosystem as of the end of 2024. In 2024, over 21 million customers of Ping An Life used health management services. Ping An has approximately 50,000 in-house and contracted external doctors and partnered with all top 100 hospitals and 3A hospitals in China. It has also established cooperation with over 104,000 health management institutions and 235,000 pharmacies. Ping An’s home-based senior care services cover 75 cities nationwide, and over 160,000 customers are eligible for home-based senior care services.
Top 10 highlights of Ping An’s sustainable development in 2024
1. Stable business performance, with total cash dividends increasing for 13 consecutive years: In 2024, Ping An achieved an operating profit attributable to shareholders of the parent company of RMB121,862 million, a year-on-year increase of 9.1%; net profit attributable to shareholders of the parent company was RMB126,607 million, a substantial year-on-year increase of 47.8%; and total revenue was RMB1,141,346 million, a year-on-year increase of 10.6%[1]. With the goal of providing stable returns to shareholders, Ping An distributed a full-year dividend of RMB2.55 per share in cash in 2024, a year-on-year increase of 5%. The cash dividend ratio based on the operating profit attributable to the parent company was 37.9%, with the total dividend amount maintaining growth for 13 consecutive years.
2. Technology empowering sustainable development, driving innovation in finance and healthcare: Ping An continues to increase investment in technology, comprehensively improving the user experience of financial and healthcare services through cutting-edge technologies such as artificial intelligence (AI) and big data. As of the end of 2024, Ping An had accumulated 55,080 patent applications in the fields of financial technology and healthcare. AI service representatives reached about 1.8 billion times, covering 80% of Ping An’s total customer service volume in 2024. Through intelligent underwriting and intelligent claims settlement, 93% of life insurance policies achieved second-level underwriting. Ping An Property & Casualty independently developed the Disaster Risk System (DRS3.0) and the Catastrophe Emergency Service Platform, integrating over 2 trillion pieces of geographic, disaster, meteorological, and insurance data, combined with meteorological disaster models, satellite remote sensing, machine learning, and other technologies. These tools provide intelligent risk control services such as disaster early warning, risk screening, and catastrophe risk management. In 2024, the DRS 3.0 issued 10.55 billion early warning messages, providing pre-disaster early warnings to 67.34 million individuals and enterprises. In healthcare, Ping An’s independently developed AI-assisted diagnosis and treatment system currently covers the diagnostic knowledge of over 2,000 diseases, with an accuracy rate of over 99% in triage – guiding patients to the appropriate medical department – and an assisted diagnosis accuracy rate of over 95%.
3. Continuously developing green finance to support the low-carbon transformation of industries: Ping An regards green finance as a systematic initiative, supporting green development and industrial transformation through insurance, lending, investment, and other products and services. In 2024, Ping An’s green insurance premium income reached RMB58,608 million, a year-on-year increase of nearly 57%. The balance of green loans was RMB157,762 million, a year-on-year increase of 13%, and the scale of insurance fund green investment was RMB124,712 million. As an extension and expansion of green finance, transition finance has become a key driving force for promoting industrial upgrading and stable economic operations. Ping An is actively responding to this trend, increasing its support for transition finance and emerging low-carbon technologies. As of the end of 2024, Ping An Bank had cumulatively issued RMB440 million in project loans for carbon capture, utilization, and storage technology (CCUS) to Baotou Iron and Steel Group; and cumulatively issued approximately RMB3.44 billion in project loans for the Coal Grading Clean and Efficient Conversion Project to Yulin Chemical Co. Ltd.
4. Leveraging integrated financial advantages to promote inclusive financial development: Ping An is committed to improving the accessibility of financial services, providing broader protection and support for micro and small enterprises and low-income groups. In 2024, Ping An Property & Casualty added 304 new inclusive insurance products to further expand the scope of protection. Ping An Life Insurance launched low-premium rural insurance products, covering accidental risks such as transportation and natural disasters, and the product provided protection for 42,000 customers throughout the year. Ping An Bank issued loans of RMB160,224 million to micro and small enterprises, with a loan balance of RMB 506,331 million in 2024. It also issued 63,000 Rural Revitalization Debit Cards. As of the end of 2024, Ping An Property & Casualty had provided over RMB220 trillion in full-risk protection for nearly 2.4 million micro and small enterprises, with over 900,000 claims processed, worth nearly RMB4 billion. Ping An Bank had cumulatively served 782,000 micro and small enterprise loan customers, and issued nearly 260,000 cards.
5. Operating carbon emissions decreased by 8% year-on-year, accelerating towards the 2030 carbon neutrality goal: Ping An identifies and assesses climate change-related risks and opportunities, conducts climate risk scenario analysis, and formulates response measures and transformation plans. In 2024, the company actively promoted energy conservation and carbon reduction, with total greenhouse gas (GHG) emissions for the year at 439,291 tonnes of carbon dioxide equivalent (tCO2e), a year-on-year decrease of 8%. Among them, Scope 1 (direct GHG emissions) was 28,158 tCO2e, a year-on-year decrease of 22%. Scope 2 (energy-related indirect GHG emissions) was 342,193 tCO2e, a year-on-year decrease of 8%. In 2024, Ping An purchased a total of 11,612 megawatt-hours (MWh) of green electricity, avoiding nearly 6,800 tCO2e emissions. Scope 3 (paper use and employee travel) was 68,941 tCO2e emissions, about the same as in 2023. As of the end of 2024, Ping An’s self-developed employee carbon account platform covered 180,000 employees, recording 2.26 million carbon reduction actions, achieving an emission reduction contribution of approximately 23,662 tCO2e. In the field of green buildings, Ping An has 30 building projects that have obtained domestic and foreign green and healthy building certifications, of which 10 buildings have obtained Leadership in Energy and Environmental Design (LEED) Gold and above certification.
6. Protecting consumer rights and privacy, exploring an aging-friendly service model: In 2024, Ping An updated its Policy Statement on Privacy Protection (2024) and Policy Statement on Information Security (2024), conducted special audits on consumer rights protection, and tracked the rectification of problems found in the previous year, ensuring a rectification rate of 100%. Targeting the senior population, Ping An is exploring the “aging-friendly” service model. Actions include installing anti-collision corners in the basic infrastructure of service counters, setting up rest areas for the elderly, and providing equipment such as wheelchairs, walking sticks, reading glasses, and medicine kits for a more friendly service environment for the elderly. Ping An also provides an exclusive service hotline for customers over 60 years old. Through the service hotline, senior customers can directly reach the dedicated customer service with one click, enjoying convenient and caring services. In addition, Ping An continues to explore digital methods such as intelligent voice assistants and simplified mobile app interfaces to help elderly customers cross the digital divide.
7. Focusing on employee development and protection, with satisfaction increasing for two consecutive years: Ping An is committed to protecting the legitimate rights and interests of employees, helping employees grow through salary incentives and training, and achieving the common development of employees and the company. In 2024, Ping An updated the Statement on Employee Rights (2024), improving its employee protection mechanism. As of the end of 2024, Ping An had 273,053 employees. Female employees accounted for 51%, and in senior management, female personnel accounted for 36%. To encourage retention of core talent, Ping An implemented the Core Personnel Stock Ownership Plan and the Long-term Service Plan. As of the end of 2024, 103,610 employees participated in the plans, covering 38% of employees. For employee training and development, Ping An cooperated with educational institutions to introduce high-quality courses. In 2024, the Group invested RMB956 million in training, and employees benefitted from an average of 49 hours of training each. In addition, Ping An conducts satisfaction surveys for all employees every year. In 2024, the overall employee satisfaction reached 90 points, steadily improving for two years in a row. With excellent talent development and management practices, Ping An ranked 318th globally and second in the Chinese financial industry in Forbes’ World’s Best Employers 2024.
8. Strengthening information security management and building an AI ethics system: Ping An continues to improve its information security management system and is promoting the construction of an artificial intelligence (AI) ethics system. In 2024, the Group, together with its member companies, completed 67 security emergency drills, covering 11 emergency scenarios such as ransomware, anti-DDoS (distributed denial-of-service) attacks, and phishing emails. It carried out database backup recovery drills and cross-regional joint disaster recovery exercises, effectively improving the Group’s emergency response capabilities for information security. Throughout the year, more than 30 information security training sessions were conducted, focusing on eight major risk scenarios, such as personal information leakage, data outsourcing, phishing emails, and third-party personnel management. The training pass rate was 100%. Ping An has maintained information security management system certifications for many years. As of the end of 2024, Ping An’s ISO/IEC 27001 certification coverage rate reached 93%. In addition, in terms of AI governance, Ping An follows five ethical principles: people-oriented; human autonomy; safe and controllable; fair; and just, open and transparent. It issued the Policy Statement on AI Ethics Governance (2022), and aims to scientifically manage the development and application of AI to ensure that technological innovation meets ethical and moral standards.
9. Actively fulfilling social responsibility and enhancing community influence: In 2024, Ping An provided over RMB52 billion in rural industrial revitalization assistance funds, provided free physical examinations for 6,859 villagers, held 29 lectures on chronic diseases science, upgraded 45 rural clinics, and held 45 free medical consultation sessions in rural areas. Ping An also encouraged employees to devote themselves to public welfare projects. As of the end of 2024, there were more than 490,000 employee and agent volunteers, who participated in voluntary blood donation, educational public welfare, emergency disaster relief, and other public welfare actions.
10. Outstanding performance recognized by international rating agencies and capital markets: In 2024, Ping An was awarded an AA rating in the MSCI ESG rating, ranking first in the Asia-Pacific region in the multi-line insurance and brokerage industry for three consecutive years. It was rated “Low Risk” in the Sustainalytics ESG rating, with a score of 15.6, the best score among insurance companies in Chinese mainland. It was selected for the S&P Global’s “Sustainability Yearbook 2024 (China Edition)”, the only insurance company included in mainland China. In addition, Ping An has been selected as a constituent stock of the FTSE4Good index series for five years and has been a constituent stock of the Hang Seng Corporate Sustainability Index Series for 14 years.
Sustainable development is a cornerstone of Ping An’s long-term strategy. The Group will continue to deepen the “integrated finance + health and senior care” technology-driven strategy, using technological innovation to create a competitive advantage in service. It will provide customers with all-around professional financial advisory, family doctor, and senior care concierge services, enabling customers to enjoy “worry-free, timesaving, and money-saving” services experience, and it will continue to create long-term, stable, and sustainable value for customers, employees, shareholders, and society.
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[1] Based on International Financial Reporting Standards (IFRS) |
For details of the report, please click here.
About Ping An Group
Ping An Insurance (Group) Company of China, Ltd. (HKEx:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services. Under the technology-driven “integrated finance + health and senior care” strategy, the Group provides professional “financial advisory, family doctor, and senior care concierge” services to its 242 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses’ quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of December 2024, Ping An had more than RMB12 trillion in total assets. The Group ranked 29th in the Forbes Global 2000 list in 2024 and 53rd in the Fortune Global 500 list in 2024.
For more information, please visit www.group.pingan.com and follow us on LinkedIn – PING AN.
View original content:https://www.prnewswire.co.uk/news-releases/ping-an-releases-2024-sustainability-report-302421824.html
Fintech PR
Stewardpoint Announces Co-Promotion and Data Licensing Agreement with Morningstar Sustainalytics
BOSTON, April 23, 2025 /PRNewswire/ — Stewardpoint, a pioneering provider of stewardship execution, tracking, and reporting tools, has announced today that it has entered into a co-promotion and data licensing agreement with Morningstar Sustainalytics, a leading independent ESG and corporate governance research, ratings and analytics firm. Asset managers, asset owners, NGOs, research providers and other sustainable investors will now be able to access Morningstar Sustainalytics company engagement data via the Stewardpoint platform. This collaboration will enable Stewardpoint users to more efficiently execute, manage, and report on their stewardship activities, ensuring alignment with their stewardship goals.
As part of this integration, Stewardpoint’s advanced stewardship tool will be available to Morningstar Sustainalytics clients who are part of the Stewardpoint platform. Morningstar Sustainalytics’ robust stewardship data solutions and services will be integrated into Stewardpoint’s platform, providing users with valuable insights to inform their decision-making processes.
“Incorporating Morningstar Sustainalytics data onto our platform represents a significant step forward in the stewardship landscape,” said Jeff Marsh, Founder and CEO of Stewardpoint, “By combining our stewardship tool with Morningstar’s rich stewardship data solutions and services, we are enhancing our user’s ability to make informed investment decisions and to demonstrate their prudent stewardship of the capital their clients have entrusted to them.”
“We are thrilled to work with Stewardpoint to enhance the stewardship capabilities available to our clients,” added Ruthann Bartello, Senior Director of Global Stewardship for Morningstar Sustainalytics. “Our clients now have more ways to access high quality stewardship tools and resources to effectively engage with their portfolio companies and navigate an increasingly complex and challenging investment landscape.”
This collaboration marks a significant advancement in the stewardship and engagement space, enabling investors to streamline their stewardship efforts while leveraging reliable data to drive their investment strategies and evidence the depth of their stewardship capabilities. As a result, investors will be better positioned to fulfill their fiduciary duties and align with their client’s stewardship objectives.
About Stewardpoint
Stewardpoint is an innovative technology company specializing in stewardship execution, management, and reporting tools designed for institutional investors and asset managers. We streamline the complex and critical processes of investment stewardship so that investors can perform their fiduciary duty and easily align with the stewardship goals of all constituents within the investment value chain.
Media Contacts:
Mason Gregory
Head of Investor Engagement
Stewardpoint
Mason@stewardpoint.com
View original content:https://www.prnewswire.co.uk/news-releases/stewardpoint-announces-co-promotion-and-data-licensing-agreement-with-morningstar-sustainalytics-302436010.html
Fintech PR
Surfin Meta Digital Technologies completes funding round of USD 26.5 million with Woori Venture Partners, Washington University in St. Louis and Phillip Private Equity, following initial raise with Insignia Ventures Partners
SINGAPORE, April 23, 2025 /PRNewswire/ — Surfin Meta Digital Technologies, Singapore-headquartered financial technology solutions provider for the underserved, announced the successful completion of its oversubscribed funding round on April 23 2025. Woori Venture Partners, Washington University in St. Louis, and Phillip Private Equity participated in this round, bringing total funding to USD 26.5 million.
This is a remarkable achievement and milestone from the initial investment of USD 12.5 million that was led by Insignia Ventures Partners in October 2024. It is also a reflection of continued investor confidence in Surfin’s business model and its mission to support the unbanked and underbanked in emerging markets.
With this additional capital, Surfin is well-positioned to build on its capabilities to develop more innovative technologies and build a sustainable digital financial ecosystem.
“I have always believed that financial inclusion is critical towards helping less privileged people who face difficulties to access even the simplest of financial services in emerging markets. We are proud to close our funding round with strong interest from well-known institutional investors that also stand testament to Surfin’s outstanding performance and potential to grow into a truly global fintech company. We are very excited to work with Insignia, Woori, Washington University in St. Louis, and Phillips, and believe they will provide us with additional guidance and resources with which to take on this challenge.”
Dr Yanan Wu, CEO and Founder. Surfin Meta Digital Technologies
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“Having partnered with many fintech companies over the years, it has been rare to find a company like Surfin bootstrapped and grown to scale across multiple markets, having to manage the complexities and nuances of each. It has the potential to truly become multi-country and multi-product, a trajectory rooted in the company’s depth of consumer data at scale, which can be harnessed to deliver hyper-local, hyper-personalized financial services. Surfin is at the forefront of a wave of companies driving equitable economic growth through data factories rather than physical ones. We are proud to see that their mission of financial inclusion for emerging markets has continued to attract the support of global investors.”
Mr Yinglan Tan, Founding Managing Partner of Insignia Ventures Partners
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“We are excited to back Dr Wu and his team in its ambition to redefine financial inclusion. Surfin has made remarkable progress in creating an ecosystem of technology-powered financial services across emerging markets such as Indonesia, Philippines, India and Mexico from Singapore. Even more impressive, it has done so bootstrapped before the current institutional round. We are looking forward to supporting Surfin in its next phase of expansion”
Mr Alan Ang, Director of Woori Venture Partners
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“Despite the challenging market environment, we have been impressed by Surfin’s continued commitment toward building a sustainable business model while delivering on its vision to bring financial inclusion for the less privileged in the region. We are proud to be part of this funding round by Surfin to support their continued growth journey to become a global fintech leader.”
Ms. Grace Tang, CEO and Managing Director of Phillip Private Equity, a member company of Phillip Capital Group
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The proceeds will be used to support Surfin’s development into new markets, as well as to expand the company’s research & development initiatives to build a holistic suite of intelligent financial products in these markets.
Haitong International Securities Singapore assisted as a financial advisor in this funding round.
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“We are honored to have supported Surfin and Dr. Wu in reaching this important milestone. The success of this round reflects the clarity of Surfin’s mission, the strength of its leadership, and the confidence it has earned from respected investors. Dr. Wu’s vision to advance financial inclusion through technology is both compelling and urgently needed across emerging markets. We look forward to seeing Surfin continue to scale its impact.”
Ms. Deng Luming, Chief Executive Officer of Haitong International Securities (Singapore) Pte. Ltd.
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About Surfin Meta Digital Technologies
Surfin is a financial technology platform that provides digital financial services for the unbanked and underbanked in emerging markets. The company provides services including consumer lending and credit cards, payments and remittances, wealth management as well as B2B services.
Surfin’s unique differentiation lies in its focus on utilising technology to provide a highly scalable platform across borders, and providing a deep ecosystem of transparent and innovative financial solutions. For more information please visit www.surfin.sg.
About Insignia Ventures Partners
Insignia Ventures Partners is a Southeast Asia early-to-growth stage venture capital firm partnering with unstoppable founders to build great companies. Since 2017, we have invested in emerging technology companies across industries and geographies in the region, including Carro, Ajaib, GoTo (IDX: GOTO), Appier (TSE: 4180), Fazz, Shipper, Tonik, Flip and Super, and many other technology market leaders. We partner early with founders and support them from seed through growth stage as their companies create meaningful impact for millions of people in Southeast Asia and beyond. With our team of investment and operating professionals who bring together decades of experience and proprietary networks, we equip our founders with the tools they need for growth. We manage capital from premier institutional investors including sovereign wealth funds, foundations, university endowments and renowned family offices from Asia, Europe and North America.
Learn more on our website, Insignia Business Review, our podcast On Call with Insignia (new episodes weekly on Spotify, Apple Podcasts, and YouTube), and these case studies from HBS and INSEAD.
Check out our public access toolkit for founders and investors looking into region, including term sheet generators, market statistics, cybersecurity scanner, and more. We also provide venture capital education programs for C-levels and senior execs through Insignia Ventures Academy.
Follow us on LinkedIn, Instagram, and Twitter.
About Woori Venture Partners
Woori Venture Partners is South Korea’s leading venture capital firm with a distinguished track record spanning over 40 years. Established in 1981, Woori Venture Partners has expanded its global presence with investment hubs in Silicon Valley, Shanghai and Singapore. With investments in over 2,000 companies, over 300 of which have successfully gone public, Woori Venture Partners is dedicated to driving innovation and fostering growth opportunities worldwide.
Woori Venture Partners officially opened its Singapore office in 2023, and its presence in Southeast Asia reflects the growing investment opportunities in the region. Woori Venture Partners has cultivated a portfolio of close to 15 investments from Southeast Asia and India across diverse sectors including B2B, consumer, deep-tech, fin-tech and Web3. The Singapore office is also exploring Web3 opportunities globally, with a particular focus on the intersection of financial services and blockchain.
About Washington University in St. Louis
Founded in 1853, Washington University in St. Louis is among the world’s leaders in teaching, research, patient care and service to society. WashU is distinctive in its purpose-driven scholarship across a wide range of academic disciplines, its highly supportive residential undergraduate experience and its world-class research enterprise, which addresses scientific, social and economic challenges locally, nationally and globally.
WashU maintains a long-term endowment which is managed by the WashU Investment Management Company. The endowment is invested globally across all asset classes with the primary purpose to support the university’s mission across generations.
About PhillipCapital
Since its inception as a stockbroker in 1975, PhillipCapital has grown into an integrated Asian financial house with a global presence and offers a full range of quality and innovative services to retail and high-net-worth individuals, family offices, as well as corporate and institutional customers. PhillipCapital offers a comprehensive suite of financial products and services including broking in securities, futures, foreign exchange, bonds, precious metals and commodities, unit trusts, contracts for difference, exchange-traded funds; fund management, managed accounts, insurance planning, regular savings plan, investment research, equity financing and property consultancy. Institutions can also benefit from our corporate finance and advisory services as well as information technology solutions. Today, the company headquartered in Singapore operates in the financial hubs of 15 countries, including offices in Australia, Cambodia, China (and Hong Kong SAR), India, Indonesia, Japan, Malaysia, Singapore, Spain, Thailand, Turkey, UK, UAE, USA and Vietnam, serving over 1 million clients with Assets Under Management of total more than USD 65 billion. Find out more information, please visit www.phillip.com.sg.
About Haitong
– Haitong International Securities (Singapore) Pte. Ltd.
Haitong International Securities (Singapore) Pte. Ltd. is a wholly-owned indirect subsidiary of Haitong International Securities Group Limited.
– Haitong International Securities Group Limited
Haitong International Securities Group Limited (“Haitong International”) is an international financial institution with established presence in Hong Kong and a rapidly expanding network across the globe. It strives to serve as a bridge linking up the Chinese and overseas capital markets.
Haitong International is well positioned to serve corporate, institutional, as well as high-net worth clients worldwide. Its well-established financial services platform provides a full spectrum of financial offerings including private wealth management, corporate finance, asset management and global markets businesses. Haitong International possesses a sound risk management system that is in line with international standards. Haitong International has a global financial servicing network covering the world’s major capital markets including Hong Kong, Singapore, New York, London, Tokyo, Mumbai and Sydney, thereby making it a world-class Chinese financial institution with international competitiveness, systemic importance and brand influence.
Contact:
media@surfin.sg
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Fintech PR
Fayafi Investment Holding Confirms Termination of Association with Former Executive President Patrick Pilati
DUBAI, UAE, April 23, 2025 /PRNewswire/ — Fayafi Investment Holding confirms that Mr. Patrick Pilati, who previously held the role of Executive President, is no longer affiliated with the company in any capacity. His position has been officially and permanently terminated.
Despite his former title, Mr. Pilati does not represent Fayafi in any way. Any public communication, media appearance, online content, or business material implying an ongoing association with Fayafi is entirely false, unauthorized, and misaligned with the company’s values and governance protocols.
Fayafi remains committed to building a future defined by transparency, integrity, and long-term regenerative investment strategies. The company continues to operate with a strong leadership team focused on innovation, ethical growth, and delivering exceptional value to its partners and investors.
Any misuse of the Fayafi name or brand identity will be addressed accordingly, and the company reserves all rights to pursue legal action to protect its reputation and stakeholders.
For all official updates and inquiries, please refer to Fayafi’s verified communication channels.
View original content:https://www.prnewswire.co.uk/news-releases/fayafi-investment-holding-confirms-termination-of-association-with-former-executive-president-patrick-pilati-302435971.html
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