FFHC Board Appointed Chien-Hao Lin President



Taipei, Taiwan, R.O.C., February 23, 2018 – The Board of First Financial Holding Co., (TWSE: 2892) (“FFHC”) approved the promotion of Chien-Hao Lin, incumbent Executive Vice President of First Financial, to President, effective from February 23, 2018. Incumbent President, Grace Y. Wu will take the new role of Waterland Financial Holdings as Vice Chairman.

Lin is a seasoned executive ever since he joined First Back in 1984. Prior to his assignment of Executive Vice President in 2017, Lin was Chief Auditor of First Financial Holding, G. M. of Hong Kong Branch and Head of Business Planning & Admin. Division of First Bank.

Lin graduated from National Taiwan University and held LL.B. on law.

Company Profile

As of third quarter of 2017, First Financial Holding Co., Ltd. (TWSE: 2892) is one of the largest financial groups in Taiwan, with an asset size of NT$2.59trillion. The Group, which totally has 39 overseas spots, provides corporate and individual clients with a full range of product mix including retail banking, stock brokerage, asset and wealth management, and corporate and investment banking. Subsidiary First Commercial Bank is the major profit driver and has maintained its leading positions in selected areas as the deposit and lending business, SME loans, home mortgages, mutual-fund distributions, and bancassurance. It currently owns 189 branches at home along with 35 overseas branches and representative offices, including US subsidiary of First Commercial Bank (USA). Subsidiary First Securities engages in brokerage, dealing, underwriting, and derivative products via its 22 operating offices around Taiwan. The assets under management by Subsidiary First Securities Investment Trust was over NT$99.1 billion. Other subsidiaries include First-Aviva Life Insurance Co*, First Financial Assets Management Co., First Venture Capital Co., and First Financial Management and Consulting Co.,.

*First-Aviva has been renamed as First Life Insurance Co., due to FFHC’s acquisition of Aviva’s ownership in January, 2018.

For further information, please go to www.ffhc.com.tw

Press Release (PDF)

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