On March 26, China Taiping Insurance issued an announcement stating that it agreed to elect Pan Yanhong as the chairman of the seventh board of directors of Taiping Insurance and Mr. Cai Qiang as the director of the seventh board of directors of Taiping Insurance and appointed Cai Qiang as the general manager (CEO) of Taiping Insurance. According to relevant laws and regulations, the qualifications of Chairman Pan Yanhong and General Manager Cai Qiang must be approved by the China Banking and Insurance Regulatory Commission.

It is reported that Pan Yanhong has joined Taiping Insurance since graduating in 1994. Over the past 27 years, she has witnessed the development and growth of Taiping Insurance and has now become the first female leader in Taiping Life Insurance history. Pan Yanhong, who is rigorous and pragmatic, and has both rigidity and softness, has many inspirational stories.
She is a long-distance running enthusiast. She often says: Doing life insurance is like running a marathon. It’s not that the faster you run, the better. You should pay attention to the matching of ability and speed, and you should not be disturbed by others. You should maintain your own concentration. For life insurance companies, they must focus on value, adhere to long-termism, and be friends with time
. This is consistent with the "value" concept of former AIA executive Cai Qiang. In August 2009, Cai Qiang took over from the position of CEO of AIA Insurance Hong Kong. Under Cai Qiang's management, the value of AIA China's new business tripled from 2009 to 2013. Over the years, AIA China has not only been the fastest growing institution among the 18 markets in AIA Group's Asia-Pacific region, but also far exceeds the industry average in value growth.
The joining of Cai Qiang, a powerful "external brain" general, will push Taibao Life Insurance to a new level of value growth.
Ms. Pan Yanhong resume
Ms. Pan Yanhong, born in August 1969, is currently the vice chairman and general manager of Taibao Life Insurance, a director of Taibao Assets, a director of Pacific Health Insurance, and a director of Changjiang Pension.
Ms. Pan has served as deputy director and director of the Finance Department of the Accounting and Finance Department of China Pacific Insurance Company, deputy general manager, general manager, deputy director of finance of Taibao Life Insurance Planning and Finance Department, executive member of the business committee, financial director, deputy general manager, financial director, financial director, vice president and financial director of Taibao Group, executive vice president, director of Taibao Property Insurance, etc.
Ms. Pan has a master's degree, a senior accountant title, and a Chinese certified public accountant qualification.
Mr. Cai Qiang resume
Mr. Cai Qiang, born in July 1967, is a resident of Hong Kong, China.
Mr. Cai has served as individual insurance salesman, regional manager and regional director of French AXA Insurance Group (US company), general manager and CEO of individual insurance of French AXA Insurance Group (Hong Kong company), CEO of AXA Insurance Group (Hong Kong company), CEO of AXA China, regional CEO of AXA Group, vice chairman and president of WeDoctor Group, etc.
Mr. Cai has a bachelor's degree and is qualified as a registered life insuranceist (CLU), a registered financial insurer (ChFC), and a registered financial insurer (CFP).