By Kao Shih-ching / Staff reporterThe Financial Supervisory Commission (FSC) on Thursday rejected Nan Shan Life Insurance Co’s (南山人壽) pick for acting chairman, Yin Chung-yao (尹崇堯), citing a lack of experience. The commission interviewed Yin twice, with the first interview conducted by Insurance Bureau Director-General Shih Chiung-hwa (施瓊華) and the second by FSC Chairman Wellington Koo (顧立雄). Nan Shan had 6.23 million policyholders with 14.3 million policies as of the end of September, commissions data showed. Yin Chung-yao on Thursday withdrew as the pick for acting chairman and the board appointed Donald Chen (陳棠), another director, in his place, Nan Shan said in a statement. Chen, a former chairman of Land Bank of Taiwan (土地銀行) and Jih Sun Financial Holding Co (日盛金控), has been Nan Shan’s director since 2011.

Source: Taipei Times December 15, 2019 15:56 UTC