REG - China Pacific Insur. - Change of President

China Pacific Insurance CoAnnouncement

29/01/2024 13:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240129:nRSc2510Ba&default-theme=true

RNS Number : 2510B  China Pacific Insurance Grp Co. Ltd  29 January 2024

29 January 2024

CHINA PACIFIC INSURANCE (GROUP) CO., LTD.

(A joint stock company incorporated in the People's Republic of China with
limited liability)

Change of President

The board of directors (the "Board") of China Pacific Insurance (Group) Co.,
Ltd. (the "Company") hereby announces that it received the resignation letter
from Mr. FU Fan ("Mr. FU"), the president of the Company, recently. Mr. FU
ceased to act as the president of the Company due to work adjustment. Upon his
resignation as president, Mr. FU will continue to serve as executive director
of the Company, member of the Risk Management and Related Party Transaction
Control Committee of the Board and the Technological Innovation and Consumer
Rights Protection Committee of the Board. The resignation letter of Mr. FU
took effect upon delivery to the Board on 26 January 2024. Mr. FU has
confirmed that he has no disagreement with the Board and there are no matters
that need to be brought to the attention of the shareholders and creditors of
the Company.

 

At the Board meeting held on 11 December 2023, the Board agreed to appoint Mr.
FU as the chairman of the Board, and his appointment would become effective
upon approval for the qualification of the regulatory authority. Pursuant to
the "Approval of qualification of FU Fan of China Pacific Insurance (Group)
Co., Ltd." (Jin Fu  2024  No. 50) issued by the National Administration of
Financial Regulation ("NAFR"), NAFR approved the appointment qualification of
Mr. FU as the chairman of the Board. The term of office of Mr. FU as the
chairman of the Board shall commence on 26 January 2024 and end upon expiry of
the current session of the Board.

 

For the biographical information of Mr. FU, please refer to the announcement
of the Company dated 29 January 2024 in relation to the approval of
appointment qualification for the chairman and the president.

 

 

 

 

 

By Order of the Board of Directors

China Pacific Insurance (Group) Co., Ltd.

FU Fan

Chairman

 

 

About CPIC

CPIC is a joint stock company established under the laws of the People's
Republic of China with limited liability.

CPIC's registered office is located at 1 South Zhongshan Road, Huangpu
District, Shanghai, the People's Republic of China.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAEADFNADDLEFA