Ping An Insurance (Group) Company of China, Ltd. announced that it has appointed Mr Jonathan Larsen, as Chief Innovation Officer of the Group and Chairman and CEO of Ping An Global Voyager Fund, a new USD $1 billion fund which will invest in FinTech and HealthTech opportunities globally on behalf of the group.
Mr Larsen will be responsible for bringing new technologies, platforms and business models to Ping An’s businesses in China and internationally. In addition he will seek to leverage Ping An’s unique technology capabilities to add value to companies in which the Ping An Global Voyager Fund invests. Lastly, he will be responsible for identifying new platforms to support Ping An’s international growth.
Mr Larsen brings nearly 30 years of experience in the finance industry to Ping An. He spent 18 years at Citigroup where he was most recently Global Head of Retail Banking. Other roles performed by Mr. Larsen at Citi include Head of the Asia Pacific Consumer Business, CEO of Citibank Singapore, Head of Wealth Management Asia and Head of Business Development for Asia-Pacific. Mr. Larsen led many innovations at Citi including important contributions to the firm’s digital platforms, new distribution models and a wide range of new product offerings. Prior to joining Citi, Mr Larsen was a Principal in the global management consulting firm Booz Allen & Hamilton, advising financial institutions across Asia and globally.