Operator Finance Intern Zhao Mengyao/Wen
Some days ago, Xu Zhibin, chairman of Xinhua Life Insurance Co., Ltd. (hereinafter referred to as "Xinhua Life"), resigned from his position as chairman of the company due to work reasons. At the same time, Xinhua Life Insurance ushered in the new chairman Li Quan, who previously served as president of Xinhua Life Insurance. At present, Li Quan's qualifications still require the approval of China Banking and Insurance Regulatory Commission .
was previously the president of Xinhua Life Insurance
Information shows that as early as 1988, Li Quan had served as the business manager of the banking department of China Rural Trust and Investment Company. After two years of service, he joined Zhengda International Finance Co., Ltd. and successively served as general manager of the company's capital department and assistant to the company's general manager.
In May 1998, Li Quan was appointed as the inspector general, deputy general manager, executive deputy general manager of Boshi Fund Management Co., Ltd. However, in 2010, he joined Xinhua Life Insurance. At first, he served as the president of , the asset management company, and later he also served as vice chairman of the asset management company.
In June 2019, Li Quan served as the interim head of Xinhua Life Insurance, but two months later, he was promoted to the company's CEO and president. Currently, he also serves as the chairman of asset management company, asset management company (Hong Kong), and Xinhua Pension Insurance .
Chairman changes more frequently
Operator Finance Network noticed that in recent years, the position of Chairman of Xinhua Life Insurance has changed more frequently. From the end of 2009 to the beginning of 2019, the position of chairman of Xinhua Life Insurance was held by Kangdian and Wanfeng .
However, in August 2019, the chairman of Xinhua Life Insurance began to be a senior executive of Central Huijin. At the beginning, he was Liu Haoling . His tenure was from August 2019 to January 2021. After he left, Xu Zhibin took over the chairman of Xinhua Life Insurance.
The company's equity changes significantly
It is worth mentioning that Central Huijin Company acquired Xinhua Life Insurance at the end of 2009. On September 26, Xinhua Life Insurance issued an announcement stating that after review and approval by the board of directors, it plans to sell approximately 3.46% of the equity of the National Pipeline Network Group United Pipeline Co., Ltd. held by Xinhua Insurance to , and the equity transfer consideration is expected to be approximately 9.07 billion yuan.
In addition, another important shareholder of Xinhua Life Insurance, Fosun International reduced its holdings of Xinhua Life Insurance by 26.1595 million H shares through bulk transactions, accounting for approximately 0.84% of the total shares of Xinhua Life Insurance. The reduction will also represent Fosun International withdrawing from the main shareholders of Xinhua Life Insurance.
In other words, during this period, Xinhua Life Insurance's equity has undergone major changes, and I wonder if it will have a great impact on Li Quan.
