Sudden! China Life Insurance Company Limited(601628) chairman Wang Bin was found to be suspected of serious violation of discipline and law

According to the website of the Central Commission for Discipline Inspection and the State Supervision Commission, China Life Insurance Company Limited(601628) insurance (Group) company party secretary and Chairman Wang Bin is suspected of serious violation of discipline and law, and is currently undergoing discipline review, supervision and investigation by the Central Commission for Discipline Inspection and the State Supervision Commission.

According to China Life Insurance Company Limited(601628) official website, Wang Bin’s resume:

He has served as the chairman of the company since December 2018, and is now the chairman and party secretary of China Life Insurance Company Limited(601628) insurance (Group) company, director and chairman of Guangdong Development Bank Co., Ltd. Wang Bin has successively served in government and financial institutions and has nearly 30 years of financial management experience.

Wang Bin once served in the people’s Bank of China. As an important member, he participated in the preparation and establishment of the Agricultural Development Bank of China. He once served as the president of Jiangxi branch, Bank Of Communications Co.Ltd(601328) Tianjin branch and Bank Of Communications Co.Ltd(601328) Beijing Branch of the Agricultural Development Bank of China. From 2005 to 2012, he served as the vice president of Bank Of Communications Co.Ltd(601328) and concurrently served as the executive director of Bank Of Communications Co.Ltd(601328) from 2010 to 2012, From March 2012 to August 2018, he served as chairman and party secretary of China Taiping Insurance Group.

Wang Bin is a doctor of economics, researcher and member of the 12th and 13th CPPCC National Committee.

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(source: 21st Century Business Herald)

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