China Life Announces Resignation of Mr. Lin Dairen and Appointment of Mr. Su Hengxuan
China Life Insurance Company Limited American Depositary Shares (LFC)
US:NYSE Investor Relations:
e-chinalife.com/irchannel/http/en
Company Research
Source: PR Newswire
BEIJING, Dec. 20, 2018 /PRNewswire/ -- China Life Insurance Company Limited (the "Company" or "China Life") (NYSE: LFC; SSE: 601628; HKSE: 2628) announced today that Mr. Lin Dairen tendered his resignation as an Executive Director and the President of the Company and a member of the Strategy and Assets and Liabilities Management Committee on 19 December 2018 due to the reason of age, which took effect on the same day. The board of directors (the "Board") of the Company would like to express its gratitude to Mr. Lin Dairen for his contribution to the Company during his tenure of service.Meanwhile, China Life announced that at the ninth meeting of the sixth session of the Board held on 20 December 2018, Mr. Su Hengxuan was appointed as the President of the Company and was re-designated as an Executive Director of the Company. The qualification of Mr. Su Hengxuan as the President of the Company is still subject to the approval of the China Banking and Insurance Regulatory Commission
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