Everbright Prudential Fund undergoes major personnel changes: new Chairman appointed, executive team welcomes new lineup

Everbright Pramerica Fund recently experienced an important personnel change. Former Chairman Wang Cuiting retired upon reaching retirement age, and the company announced that Wang Pei, the Business Director of Everbright Securities, would succeed in this role. According to publicly available records, Wang Pei has extensive experience in the financial industry, having worked at the Agricultural Bank of China, Wanguo Fund, and Jianxin Fund, and has held key positions such as General Manager of the Financial Market Headquarters at Everbright Securities and General Manager of Shanghai Everbright Securities Asset Management Company.

During Wang Cuiting’s tenure, Everbright Pramerica Fund achieved remarkable growth. By the end of 2025, the company’s public fund asset management scale reached 119.2 billion yuan, setting a new record high. This achievement is closely linked to the strategic planning of the management team and the strong execution capabilities of the staff. Meanwhile, Vice President Dong Wenzhuo left due to work adjustments, and the former Assistant General Manager and Fund Manager Huang Bo was promoted to Vice President.

Huang Bo’s career spans several well-known financial institutions, including Ping An Pension Insurance, Changxin Fund, and Yuanxin Yongfeng Fund. Since joining Everbright Pramerica Fund in June 2019, he has gradually taken on more significant management responsibilities, currently serving as both the head of the Fixed Income Management Headquarters and the director of the Fixed Income Multi-Strategy Investment Department. Data shows that as of March 27, 2025, the total assets under management of the seven public funds managed by Huang Bo reached 20.291 billion yuan, with the yields of Everbright Tianyi, Everbright Medium and High-Grade Bonds, and Everbright Zengli reaching 22.62%, 18.32%, and 5.13%, respectively.

Everbright Pramerica Fund was established in April 2004, with Everbright Securities and Prudential Financial International Investment Management Company holding 55% and 45% of the shares, respectively. In recent years, the company’s senior management team has undergone multiple adjustments. In April 2025, Qi Lei, who has a background working at the Shanghai Securities Regulatory Bureau, was appointed as Chief Inspector; in the same month, former General Manager Liu Xiang resigned for personal reasons, and after a vacancy of over four months, Gao Ruidong was appointed as his successor. Gao Ruidong holds a Ph.D. in Economics from Waseda University and has previously worked at Zhongtai Securities and Guotai Junan Securities. He joined Everbright Securities in December 2020, serving as head of the research institute and chief economist.

After taking office, Gao Ruidong proposed several strategic initiatives, including building a multi-layered product service system, increasing investments in fixed income and equity markets, and focusing on long-term asset allocation fields such as pension finance. Recently, the company also recruited senior fund manager Chen Baoguo from Western Lead Fund to further strengthen its equity investment team. During his tenure at Western Lead Fund, Chen Baoguo served as General Manager of the Research Department and the Multi-Asset Investment Department, with the Western Lead Jingrui Flexible Allocation Fund achieving a return of 194.29% from February 2020 until his departure.

Despite these achievements, Everbright Pramerica Fund still faces challenges in the equity investment sector. As of March 27, 2025, the company’s non-monetary fund assets totaled 68.511 billion yuan, with bond funds accounting for over 80%, reaching 55.763 billion yuan. This data indicates the company’s strong competitiveness in fixed income investments, though there remains room for improvement in its equity product offerings. With the new management team in place and strategic adjustments underway, the market is closely watching the company’s future development trajectory.