Major shareholder "parachutes in," Everbright Prudential Fund welcomes a new Chairman, with a complete overhaul of the executive team

Interface News reporter | Du Meng

On March 28, Everbright Prudential Fund issued an announcement that its former chairman, Wang Cueting, has retired upon reaching the retirement age. Since March 2004, Wang Cueting has successively held important leadership positions at Everbright Prudential Fund and Everbright Securities.

Everbright Prudential Fund said that since Wang Cueting took office as chairman at the end of 2020, she has led the company onto a new development level. By the end of 2025, the company’s publicly offered asset management scale was RMB 119.2 billion, reaching a new high since the company’s establishment.

The new chairman is Wang Pei, who is currently the business director of Everbright Securities Co., Ltd. Public information shows that he has served as a trader at the Treasury and Operations Center of the General Planning Department of the Agricultural Bank of China, a fund manager at Franklin Templeton Funds, the director of the Investment Management Department at Jianxin Fund, the general manager of the Financial Markets Headquarters at Everbright Securities, and the general manager of the Asset Management division at Everbright Securities Shanghai.

Table: Changes in senior management at Everbright Prudential Fund Source: Company announcement

Meanwhile, the company also announced that its vice president, Dong WenZhuo, has resigned. Huang Bo, the former assistant to the general manager and fund manager, has been promoted to vice president.

Public information shows that Huang Bo has served as an investment manager at Ping An Life Insurance, Changxin Fund, and Yuanxin Yongfeng Fund. He joined Everbright Prudential Fund in June 2019, and he still serves as the head of the fixed-income management headquarters and the director of the fixed-income multi-strategy investment department.

By the end of 2025, Huang Bo manages seven public funds, with a total management scale of RMB 20.291 billion. Wind data shows that as of March 27, the yields of Everbright Tianyi, Everbright High-and-Mid-Grade Bond, and Everbright Increasing Profit managed by Huang Bo were 22.62%, 18.32%, and 5.13%, respectively.

Everbright Prudential Fund was established in April 2004, with Everbright Securities and U.S. Prudential International Investment Management Co., Ltd. holding 55% and 45% of the equity, respectively.

Everbright Prudential Fund conducted a round of management changes last year, moving executives from general manager to chairman of the board of inspectors.

In April 2025, Everbright Prudential Fund appointed new chairman of the board of inspectors, Qi Lei, who has prior experience in regulatory work. The materials show that early on, Qi Lei served as a section officer at the Shanghai office of the CSRC, and later worked for many years in market-oriented institutions.

On April 16, 2025, Everbright Prudential Fund announced that its former general manager, Liu Xiang, stepped down for personal reasons. After a vacancy of more than four months, Everbright Prudential announced that Gao RuiDong would serve as the company’s general manager.

Previously, Everbright Prudential Fund also appointed Gong JunTao as vice president and chief market director. Gong JunTao previously served as the general manager of the institutional business headquarters at Everbright Securities.

Public information shows that Gao RuiDong holds a PhD in economics from Waseda University. He joined Everbright Securities in December 2020 and has served as the director of the Research Institute at Everbright Securities, the chief economist, and the general manager of the institutional business headquarters. Before joining Everbright Securities, he successively worked at CITIC Securities, and Guotai Junan Securities, among others.

After joining Everbright Securities, Gao RuiDong said in this year’s Spring Festival address that the company should build a multi-layered, diversified product and service system, increase investment in both fixed-income and equity investments, and cultivate long-term allocation areas such as pension finance.

Interface News learned that Chen GuoGuo, who previously served as a fund manager at West Lead, has joined Everbright Prudential Fund. Public information shows that Chen BaoGuo previously served as the general manager of the Research Department and the general manager of the Multi-Asset Investment Department at West Lead Fund, and also as a fund manager. On January 30 this year, he announced his resignation. As a representative work, West Lead Jingrui Flexible Allocation delivered a return of 194.29% from February 2020 until his departure.

“The company expects Chen BaoGuo’s joining to help support the development of the equity business,” industry insiders said.

Everbright Prudential Fund still has relatively serious shortcomings in the equity segment. Wind data shows that as of March 27, the company’s publicly offered assets under management were RMB 119.599 billion, the non-money-market scale was RMB 68.511 billion, and within that, the bond fund scale was RMB 55.763 billion.

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Editor-in-charge: Wei Zirong