China Life Insurance announced the latest list of board members and their roles in various committees on December 9, 2024. The board of directors consists of 10 members, including 3 executive directors, 3 non-executive directors, and 4 independent non-executive directors. Xi-liang Cai serves as the chairman and executive director, while the other executive directors are Ming-guang Li, Hui Liu, and Qi Ruan. The board of directors has 5 committees, namely the Audit Committee, Nomination and Remuneration Committee, Risk Management and Consumer Rights Protection Committee, Strategic and Asset Liability Management Committee, and Related Party Transaction Control Committee. Independent non-executive directors play important roles in each committee, with Zhi-quan Lin serving as the chairman of the Audit Committee, Hai-tao Zhai as the...Show More

China Life Insurance announced the latest list of board members and their roles in various committees on December 9, 2024. The board of directors consists of 10 members, including 3 executive directors, 3 non-executive directors, and 4 independent non-executive directors. Xi-liang Cai serves as the chairman and executive director, while the other executive directors are Ming-guang Li, Hui Liu, and Qi Ruan. The board of directors has 5 committees, namely the Audit Committee, Nomination and Remuneration Committee, Risk Management and Consumer Rights Protection Committee, Strategic and Asset Liability Management Committee, and Related Party Transaction Control Committee. Independent non-executive directors play important roles in each committee, with Zhi-quan Lin serving as the chairman of the Audit Committee, Hai-tao Zhai as the chairman of the Strategic and Asset Liability Management Committee, and Jie Chen concurrently serving as the chair of the Nomination and Remuneration Committee and the Related Party Transaction Control Committee. This announcement demonstrates the company's transparency in corporate governance, helping investors understand the composition and role allocation of the board of directors.