Business insurance

China Life Insurance Company Limited Change of Head of Finance

BEIJING, October 27, 2022 /PRNewswire/ — The Board of Directors (the “Plank“) of China Life Insurance Company Limited (the “Company” Where “Life in China“) (NYSE: LFC; SSE: 601628; HKSE: 2628) today announced that due to the adjustment of working arrangements, Ms. Huang Xiumei has submitted her resignation to the Board of Directors as Chief finances of the company October 27, 2022, which took effect on the same day. Ms. Huang Xiumei confirmed that she does not disagree with the board of directors and that there are no other matters relating to her resignation that should be brought to the attention of the shareholders of the Company. . The Society would like to express its gratitude to Ms. Huang Xiumei for her contribution to the Society during her tenure.

The Board further announced that Ms. Hujin was appointed Chief Financial Officer of the Society at the eighteenth meeting of the seventh session of the Board held on October 27, 2022. The qualifications of Ms. Hujin is still subject to the approval of the China Banking and Insurance Regulatory Commission. The Company has appointed Ms. Hujin to temporarily act as financial officer of the Company before obtaining such approval.

M/s. Hujinborn in November 1971has been the Chief Financial Officer of the Company since June 2020. Of June 2020 at March 2021, she held the position of General Manager of the shared services center (financial segment) of the company. Of August 2019 at June 2020, she held the position of Deputy General Manager (responsible for day-to-day operations) of the Finance Department and simultaneously acted as Deputy General Manager of the Shared Services Center (Finance Segment) of the company. From 2013 to 2019, she was successively Deputy General Manager of the Financial Department, Deputy General Manager of the Accounting Department and Deputy General Manager (responsible for day-to-day operations) of the Company’s Accounting Department. Ms. Hu graduated from Renmin University of China with a master’s degree in economics. She is a senior accountant.

SOURCE Life in China