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Ping An Appoints AI Expert Ray Wang as Chief Technology Officer to Accelerate Comprehensive Digital Transformation

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Ping An Insurance (PNGAY) has appointed Ray Wang as its new Chief Technology Officer and General Manager of Ping An Technology. Wang, who brings nearly 20 years of experience in finance and technology, previously held senior positions at Google, Bloomberg, Baidu, and Ant Group.

The appointment aims to accelerate Ping An's digital transformation through the integration of large language models and big data platforms across five key digital systems. The company's technology foundation includes nine major databases, five laboratories, and three technology companies, supported by over 21,000 technology developers and 3,000 scientists.

As of March 2025, Ping An has secured 45 championships in AI competitions and filed 55,435 patent applications, positioning itself as a leader in financial technology innovation.

Ping An Insurance (PNGAY) ha nominato Ray Wang come nuovo Chief Technology Officer e General Manager di Ping An Technology. Wang, con quasi 20 anni di esperienza nei settori finanziario e tecnologico, ha ricoperto in precedenza ruoli di rilievo presso Google, Bloomberg, Baidu e Ant Group.

La nomina mira ad accelerare la trasformazione digitale di Ping An attraverso l'integrazione di modelli linguistici avanzati e piattaforme di big data in cinque sistemi digitali chiave. La base tecnologica dell'azienda comprende nove principali database, cinque laboratori e tre società tecnologiche, supportate da oltre 21.000 sviluppatori tecnologici e 3.000 scienziati.

Al marzo 2025, Ping An ha conquistato 45 campionati in competizioni di intelligenza artificiale e depositato 55.435 domande di brevetto, affermandosi come leader nell'innovazione tecnologica finanziaria.

Ping An Insurance (PNGAY) ha designado a Ray Wang como su nuevo Director de Tecnología y Gerente General de Ping An Technology. Wang, con casi 20 años de experiencia en finanzas y tecnología, ha ocupado cargos senior en Google, Bloomberg, Baidu y Ant Group.

La designación busca acelerar la transformación digital de Ping An mediante la integración de modelos de lenguaje avanzados y plataformas de big data en cinco sistemas digitales clave. La base tecnológica de la empresa incluye nueve bases de datos principales, cinco laboratorios y tres empresas tecnológicas, respaldadas por más de 21,000 desarrolladores tecnológicos y 3,000 científicos.

Hasta marzo de 2025, Ping An ha obtenido 45 campeonatos en competiciones de inteligencia artificial y presentado 55,435 solicitudes de patente, posicionándose como líder en innovación tecnológica financiera.

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2025ë…� 3ì›� 기준으로 Ping Anì€ AI 대회ì—ì„� 45ê°œì˜ ìš°ìŠ¹ì� 차지했으ë©� 55,435ê±´ì˜ íŠ¹í—ˆ ì¶œì›ì� 등ë¡í•˜ì—¬ 금융 기술 í˜ì‹ ì� ì„ ë‘주ìžë¡� ìžë¦¬ë§¤ê¹€í•˜ê³  있습니다.

Ping An Insurance (PNGAY) a nommé Ray Wang en tant que nouveau Chief Technology Officer et Directeur Général de Ping An Technology. Wang, qui apporte près de 20 ans d'expérience dans la finance et la technologie, a précédemment occupé des postes de direction chez Google, Bloomberg, Baidu et Ant Group.

Cette nomination vise à accélérer la transformation numérique de Ping An grâce à l'intégration de modèles linguistiques avancés et de plateformes de big data dans cinq systèmes numériques clés. La base technologique de l'entreprise comprend neuf bases de données majeures, cinq laboratoires et trois sociétés technologiques, soutenus par plus de 21 000 développeurs technologiques et 3 000 scientifiques.

En mars 2025, Ping An a remporté 45 championnats dans des compétitions d'IA et déposé 55 435 demandes de brevets, se positionnant comme un leader de l'innovation en technologie financière.

Ping An Insurance (PNGAY) hat Ray Wang zum neuen Chief Technology Officer und General Manager von Ping An Technology ernannt. Wang bringt fast 20 Jahre Erfahrung in den Bereichen Finanzen und Technologie mit und hatte zuvor leitende Positionen bei Google, Bloomberg, Baidu und Ant Group inne.

Die Ernennung zielt darauf ab, die digitale Transformation von Ping An durch die Integration von großen Sprachmodellen und Big-Data-Plattformen in fünf zentrale digitale Systeme zu beschleunigen. Die technologische Basis des Unternehmens umfasst neun große Datenbanken, fünf Labore und drei Technologieunternehmen, unterstützt von über 21.000 Technologieentwicklern und 3.000 Wissenschaftlern.

Bis März 2025 hat Ping An 45 Meisterschaften in KI-Wettbewerben errungen und 55.435 Patentanmeldungen eingereicht, wodurch es sich als führend in der Innovation der Finanztechnologie positioniert.

Positive
  • Appointment of highly experienced CTO with strong background from major tech companies (Google, Bloomberg, Baidu, Ant Group)
  • Robust technological infrastructure with 21,000+ developers and 3,000+ scientists
  • Strong innovation track record with 55,435 patent applications and 45 AI competition championships
  • Clear digital transformation strategy across five key digital systems
Negative
  • None.

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 management roles at globally renowned companies such as Google and Bloomberg. In 2015, Wang became Chief Architect at Baidu, where he spearheaded the development of Baidu Wallet and financial services. In 2016, he joined Ant Group, serving as Vice President and CTO of Ant Fortune and Ant Insurance. At Ant Group, he led innovations in digital finance and AI, managing technical and research teams across wealth management, insurance, consumer finance, MYbank, and Zhima Credit. He launched pioneering generative AI products such as AI financial assistant and AI financial business assistant. With nearly 20 years of experience in the "finance + technology" sector, Wang brings extensive expertise in the digital transformation of financial services, the development and application of financial large models, top-tier technical skills, and exceptional innovation capabilities. 

In recent years, Ping An has been oriented by customer needs, focusing on empowering business scenarios as its core strategy. Ping An has continuously invests in R&D to build leading technological capabilities, which have been widely utilized to enable its core financial businesses and accelerate the development of its "integrated finance + health and senior care" ecosystem. This strengthened Ping An's internal smart application of business scenarios, while promoting the digital transformation of the industry as a whole. The Company has built a "953" technology foundation backed by the data of nine major databases, technical support from the five laboratories, and development and application services of the three technology companies, which creating an AI moat. As of the end of 2024, Ping An has a first-class technology team of over 21,000 technology developers and more than 3,000 scientists. As of March 31, 2025, Ping An cumulatively won 45 championships in domestic and overseas AI competitions and cumulatively filed 55,435 patent applications, leading most international financial institutions.

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 nearly 240 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 27th in the Forbes Global 2000 list in 2025 and 47th in the Fortune Global 500 list in 2025. 

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SOURCE Ping An Insurance (Group) Company of China, Ltd.

FAQ

Who is Ray Wang, the new CTO of Ping An Insurance (PNGAY)?

Ray Wang is an AI expert with nearly 20 years of finance and technology experience, previously holding senior positions at Google, Bloomberg, Baidu, and Ant Group. He holds a master's degree in computer science from the National University of Singapore.

What is Ping An's technology infrastructure as of 2025?

Ping An has a '953' technology foundation comprising nine major databases, five laboratories, and three technology companies, supported by over 21,000 technology developers and 3,000 scientists.

How many patents has Ping An (PNGAY) filed?

As of March 31, 2025, Ping An has cumulatively filed 55,435 patent applications, leading most international financial institutions.

What is Ping An's digital transformation strategy under the new CTO?

The strategy focuses on integrating self-developed large language models and open-source big data platforms across five key digital systems: digital business, operations, management, marketing, and services.

What are Ping An's recent achievements in AI technology?

Ping An has won 45 championships in domestic and overseas AI competitions and maintains a technology team of over 21,000 developers and 3,000 scientists.
Ping An Ins Group Co China Ltd

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