news

(Photo source: Visual China)

Blue Whale News, August 19 (Reporter Shi Yu)Today, Blue Whale News reporter learned that the serviceChina Pacific InsurancePan Yanhong, who has served as the chairman of China Taiping Life Insurance for more than 30 years, is in the process of retiring in accordance with the prescribed procedures due to reaching the statutory retirement age. She will no longer serve as the party secretary and chairman of China Taiping Life Insurance. Zhao Yonggang, deputy party secretary and president of China Taiping Group, will concurrently serve as the chairman of China Taiping Life Insurance and will subsequently perform corporate governance and regulatory approval procedures in accordance with regulations. Li Jinsong, general manager of China Taiping Life Insurance, is appointed as the party secretary of China Taiping Life Insurance.

Pan Yanhong was born in August 1969. She studied for her bachelor's and master's degrees at Shanghai University of Finance and Economics. She joined CPIC after graduation in 1994. She has served as deputy financial director, financial director, deputy general manager, deputy chairman, general manager of CPIC Life Insurance, financial director, vice president, and executive vice president of CPIC Group.Pacific OceanDirector of Health Insurance, Director of Changjiang Pension, Chairman of TaiPing Capital, etc.

During her tenure as CEO of TaiPing Life Insurance, Pan Yanhong participated in the planning and implementation of TaiPing Life Insurance's "Long-term Transformation" strategy, promoted in-depth reforms at TaiPing Life Insurance, and achieved phased progress.

The board of directors of CPIC Life Insurance commented on Pan Yanhong: Since she became a director of the company, Ms. Pan Yanhong has attended the board meetings in accordance with the law, paid attention to the company's business conditions, expressed opinions on various proposals, and conscientiously performed the company's business decision-making and management responsibilities. The board of directors believes that Director Pan Yanhong has prudently, conscientiously and diligently exercised the rights granted by laws, regulations, regulatory requirements and the "Articles of Association", and effectively performed her duties as a director.

After Pan Yanhong leaves office, Zhao Yonggang, deputy secretary of the Party Committee and president of China Taiping Insurance Group, will concurrently serve as chairman of Taiping Life Insurance.

Zhao Yonggang was born in 1972. He is also an old member of Taibao. He joined Taibao in 1995 and has worked in many positions in the Taibao system. According to public information, Zhao Yonggang served as deputy manager of the Human Resources Department of Taibao Life Insurance Chongqing Branch (in charge of work); member of the Party Committee and deputy general manager of Taibao Life Insurance Guizhou Branch; deputy director of the Party and Mass Work Department of China Taiping Insurance, deputy director of the Party Committee Office, secretary of the Youth League Committee, general manager of the Employee Work Department, and director of the Party Affairs Work Department; he later worked in Taibao Life Insurance and served as director of the Strategic Transformation Office, secretary of the Party Committee and general manager of the Heilongjiang Branch, secretary of the Party Committee and general manager of the Henan Branch, director of the Organization Department of the Party Committee of the Head Office, and director of human resources; since August 2016, he has served as chairman of the China Taiping Labor Union, vice chairman of the Supervisory Board, employee representative supervisor, director of the Organization Department of the Party Committee, member of the Party Committee, and vice president.

In May 2021, Zhao Yonggang transferred toHaitong SecuritiesIn December 2023, he resigned as deputy secretary of the Party Committee of Haitong Securities and returned to TaiPing Insurance, serving as deputy secretary of the Party Committee of China Taiping Insurance Group.

Zhao Yonggang's partner is Li Jinsong, who has just been promoted to general manager of TaiPing Life Insurance. Born in 1969, Li Jinsong has worked in various positions at TaiPing Life Insurance and has been the deputy general manager of TaiPing Life Insurance since December 2020. In April this year, Cai Qiang resigned. Three months later, on July 18, with regulatory approval, Li Jinsong was "promoted" to general manager of TaiPing Life Insurance.

With the successive adjustments in generals and commanders, the most focused issue amid the transformation is the implementation of TaiPing Life Insurance's "Long-Term Operation".

At the beginning of 2021, CPIC Life Insurance officially planned the "Long-term Operation" to promote the company's comprehensive and in-depth transformation. In June 2023, the 18-month long-term project Phase I was launched. The Phase I project started the field transformation with the "core" basic law as the forerunner and achieved the expected goals.

In the second half of 2023, the "Changhang Action" will enter a new phase of the second phase based on the first phase. Pan Yanhong said in an interview in March this year that she will continue to work hard to stimulate organizational vitality. On the one hand, she will use the localization strategy as a starting point to promote the construction of operating organizations; on the other hand, she will strive for effectiveness in building an empowerment headquarters, forming a corporate culture in which superiors serve subordinates, internal staff serve external staff, and jointly serve customers, so that the empowerment headquarters and operating organizations will become the internal driving force to support Changhang's transformation.