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Stock impact report

China Life Insurance Company Limited Announces Change of Chairman

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, Nov. 13, 2018 /PRNewswire/ -- China Life Insurance Company Limited (the "Company" or "China Life") (SSE: 601628; HKSE: 2628; NYSE: LFC) announced today that on November 13, 2018, Mr. Yang Mingsheng tendered his resignation as the Chairman and Executive Director of the Company due to the reason of age. The Board would like to express their gratitude to Mr. Yang Mingsheng for his contribution to the Company during his tenure of directorship.Meanwhile, China Life announced that at the extraordinary general meeting held in the morning of November 13, 2018, Mr. Wang Bin has been elected as an Executive Director of the Company. At the seventh meeting of the sixth session of the board of directors of the Company (the "Board") held on the same day, Mr. Wang Bin has been elected as the Chairman of the Company, in succession to Mr. Yang Mingsheng. The qualification of Mr. Wang Bin is still subject to the approval of the China Banking and Insurance Regulatory Commission (the "CBIRC"), a Show less Read more
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