Beijing, China - March 26, 2014, Beijing, China - China Life Insurance Company Limited announces that Wan Feng tendered his resignation as the president of the company and was re-designated as a non-executive director and was elected as the vice chairman.
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Mr. Wan became an Executive Director of the Company in June 2006. He also served as the vice president of China Life Insurance (Group) Company, a director of China Life Asset
Management Company Limited and a director of China Life Pension Company Limited. He served as
the Vice President of the Company from 2003 and became the President of the Company in September 2007.
Mr. Wan received a Bachelor’s degree in Economics from Jilin College of Finance and Trade, a
MBA from Open University of Hong Kong, and a Doctorate in Economics from Nankai University in
Tianjin. Having worked in the Jilin Branch of People’s Insurance Company of China, Hong Kong Branch of China Life, Hong Kong Branch of Taiping Life Insurance Company and Shenzhen Branch of China Life, he has accumulated over 30 years of experience in the life insurance industry.
Mr. Wan, a Senior Economist, was awarded special allowance by the State Council. He is concurrently the director of the China Life Foundation, the deputy director of the China Association of Actuaries, the deputy director of the Insurance Association of China, an executive director of the Insurance Institute of China and a director of the China Insurance Guarantee Fund Committee.
Liu Yingqi tendered her resignation as an Executive Director and the Vice President of the Company.
Lin Dairen was appointed as the President of the Company.
Mr. Lin became an Executive Director of the Company on 27 October 2008. Mr. Lin served as the Vice President of the Company since 2003. He also served as an executive director and the president of China Life Pension Company Limited from November 2006.
Mr. Lin graduated in 1982 with a Bachelor’s degree in Medicine from Shandong Province Changwei Medical Institute. He has worked in the life insurance industry for more than 30 years and has accumulated extensive experience in operation and management. ■