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People’s Insurance Company of China Appoints New Independent Director

Story Highlights
  • The People’s Insurance Company appoints Mr. Gao Pingyang as a new independent director.
  • Mr. Gao’s appointment aims to enhance governance and strategic direction at the company.
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People’s Insurance Company of China Appoints New Independent Director

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People’s Insurance Co (Group) of China ( (HK:1339) ) has shared an update.

The People’s Insurance Company (Group) of China Limited has announced the appointment of Mr. Gao Pingyang as an independent non-executive director, effective from February 7, 2025, following approval from the National Financial Regulatory Administration. This appointment, coinciding with the retirement of Mr. Ko Wing Man, is part of the company’s efforts to enhance its board’s governance and strategic direction. Mr. Gao will serve on the Nomination and Remuneration Committee and the Risk Management & Consumers’ Rights and Interests Protection Committee, reflecting the company’s ongoing commitment to robust corporate governance and risk management practices.

More about People’s Insurance Co (Group) of China

The People’s Insurance Company (Group) of China Limited is a major player in the insurance industry in China, providing various insurance products and financial services. The company is focused on strengthening its market position and expanding its influence in the financial sector through strategic appointments and governance.

YTD Price Performance: 10.40%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $38.31B

For detailed information about 1339 stock, go to TipRanks’ Stock Analysis page.

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