China Reinsurance (Group) Corporation has announced the retirement of He Chunlei, chairman of the company’s Board, executive director and the chairman and member of the Strategy and Sustainable Development Committee under the Board of the Company.
The resignation of He Chunlei shall take effect from 18 September 2025.
“The Company and the Board would like to express their sincere gratitude to Mr. He Chunlei for his significant contributions to the Company during his term of office.”
Following He’s departure, Zhuang Qianzhi, currently the vice chairman and an executive director, has been appointed as the new chairman of the fifth session of the Board (Chairman of the Board).
Zhuang’s appointment is pending approval from the National Financial Regulatory Administration. He will formally assume the role of chairman once this approval is granted.
In the interim, China Re announced that Zhuang will serve as the legal representative and active chairman, starting September 18, 2025, until his official approval. His term is set to expire at the conclusion of the fifth board session, after which he will be eligible for re-election.
Zhuang brings a wealth of experience to his new position. Before his time at China Re, he held several senior roles at a number of financial institutions, including: China Construction Bank Corporation; as deputy general manager of the financial advisory division; China Jianyin Investment Ltd., as head of office and general manager of both the strategy and risk departments; and Southwest Securities Co., Ltd., as executive director and vice president.
Within China Re, he has served as vice president, president, and chief risk officer. He also previously held the position of chairman at subsidiaries China Life Reinsurance Company Ltd. and China Re Asset Management Company Ltd.
Due to the work re-arrangement, Mr. Zhuang Qianzhi will step-down as the company’s president on September 18, 2025. However he will act as a “provisional person-in-charge” to perform the president’s duties until a new president is officially appointed and assumes the role.
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