Summary by Moomoo AI
China Life Insurance Corporation announced that the qualification of Mr. Cai Xiliang, the newly appointed chairman, has been approved by the China Banking and Insurance Regulatory Commission. Mr. Cai's appointment as director and chairman of the board officially takes effect on December 4, 2024. Prior to this, the company held an extraordinary general meeting of shareholders on October 30, 2024, electing Mr. Cai Xiliang as an executive director of the eighth board of directors and subsequently electing him as chairman at the following board meeting. To ensure the standardized operation of the board of directors, starting from the effective date of Mr. Cai Xiliang's appointment, he will act as the board secretary until Ms. Liu Hui's qualification as the board secretary...Show More