PICC adds NCSSF veteran Zhang Zhongmin to board as non-executive director

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

The People’s Insurance Company (Group) of China Limited has resolved to appoint Zhang Zhongmin as a non-executive director, subject to approval at the shareholders’ general meeting and by the National Financial Regulatory Administration. She will also join the board’s strategy and investment/sustainable development committee and the risk management & consumers’ rights and interests protection committee, with her term aligning to the remainder of the fifth board session and the option for re-election.

Zhang brings extensive experience from the National Council for Social Security Fund, where she has held a series of senior roles in equity and industrial investment management, and currently serves as a designated director. She also sits as a non-executive director at Founder Securities Co., Ltd. and China Cinda Asset Management Co., Ltd., and will receive no director’s fee from PICC, underscoring her role as a representative of a key institutional shareholder and potentially strengthening the company’s governance and investment oversight.

The most recent analyst rating on (HK:1339) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on People’s Insurance Co (Group) of China stock, see the HK:1339 Stock Forecast page.

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

The People’s Insurance Company (Group) of China Limited is a major Chinese insurance group headquartered in Beijing and listed in Hong Kong under stock code 1339. It operates across the insurance and financial services sectors, with its board structure and governance closely watched by investors and regulators given its role in China’s broader financial system.

Average Trading Volume: 44,513,842

Technical Sentiment Signal: Buy

Current Market Cap: HK$337.6B

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