Shin Kong executive to run for Legislative Yuan on Taiwan People’s Party list

Cynthia Wu a prominent member of family that owns Shin Kong empire

Shin Kong Life Dep. CEO Cynthia Wu.

Shin Kong Life Dep. CEO Cynthia Wu. (CNA photo)

TAIPEI (Taiwan News) — Cynthia Wu (吳欣盈), a member of the family behind the Shin Kong business empire, wants to feature on the at-large legislative list for the Taiwan People’s Party (TPP), reports said Saturday (Nov. 16).

The party was founded by Taipei City Mayor Ko Wen-je (柯文哲) just this August, and the legislative elections on January 11, the same day as the presidential election, will be its first electoral test.

The TPP list for the 34 at-large seats in the 113-seat Legislative Yuan is likely to include candidates with a variety of backgrounds, from Ko confidantes and city government officials to a spokeswoman for Foxconn Technology founder Terry Gou (郭台銘).

Wu, who currently bears the title of Deputy CEO at Shin Kong Life Insurance Co., Ltd., wants to join the as-yet-unannounced list of candidates. The rival Democratic Progressive Party (DPP) and Kuomintang (KMT) have encountered internal problems in trying to compose their own lists.

According to comments by Ko on Saturday, it was not he who sought out Wu but the other way round. She contacted the TPP to ask for a spot on the list, CNA quoted Ko as saying.

Various members of the Wu family are involved in at least two banks, insurance companies, textiles, a hospital, and the Shin Kong Mitsukoshi department stores. Local media outlets have sometimes described Wu, who worked previously as a research analyst at Merrill Lynch in London, as the "Shin Kong princess."