According to the official website of the National Development Investment Group, on the afternoon of January 19, State Development and Investment Group Co., Ltd. held a conference on middle level or above.Relevant responsible comrades of the Central Organization Department announced the decision of the Central Committee on Chairman of the National Development Investment Group Co., Ltd. and the adjustment of the party group secretary: Comrade Bai Tao served as chairman and party secretary of the National Development Investment Group Co., Ltd.The company's deputy chairman, president, and deputy secretary of the party committee.Related positions are exempted in accordance with the provisions of relevant laws and regulations.

Bai Tao had previously served as Vice Chairman, President, and Deputy Secretary of the Party Committee. The former chairman and party secretary of the National Development Investment Group were Wang Huisheng, who had stepped down in August last year.After that, the vacancy of the job has been nearly 5 months later.

According to public resumes, Bai Tao was born in 1963 and has been working in the financial system. His resumes include banks and insurance companies.

He entered the Industrial and Commercial Bank of China in 1984. After working here for 30 years, he was the deputy governor of Jilin Branch and the vice president, president, and party secretary of the Hunan Branch.

In 2006, Bai Tao returned to the head office of the ICBC. He successively served as the general manager of the asset risk management department, general manager of the risk management department, and director of the internal audit bureau.

In 2014, Bai Tao left the work bank and worked in many enterprises. In June 2014, he was transferred to the vice president of China Life Insurance Group and a member of the party committee.In June 2018, he returned to the insurance industry and served as the president of the People's Insurance Group Co., Ltd. until this adjustment.

Wang Huisheng, the former chairman of the National Development Investment Group and secretary of the party group, stepped down in August last year.

On August 30, 2019, National Development Investment Group Co., Ltd. held a meeting of the leadership team to avoid the position of Chairman of Comrade Wang Huisheng National Development Investment Group Co., Ltd. and party secretary of the party group.

According to public information, the National Development Investment Group ranks 45th in the list of state -owned assets Commission.

According to the official website, the State Development Investment Group Co., Ltd. was established on May 5, 1995. It is an important state -owned backbone enterprise directly managed by the central government. It is the only investment holding company in central enterprises. It is the first batch of state -owned capital investment companies' reform pilot units.

National Investment Capital was 33.8 billion yuan. As of the end of 2019, the total assets were 632.3 billion yuan, with about 50,000 employees.In 2019, the Group realized total operating income of 143.7 billion yuan, with a total profit of 20.8 billion yuan.

Recently, many central enterprises have adjusted. On January 17, Zhang Yuzhuo, the former member of the Tianjin Municipal Party Committee and secretary of the Binhai New District Party Committee, was transferred to the chairman and party secretary of the China Petroleum and Chemical Industry Group. On the same day, Kou Wei, the former chairman of the State Grid and Secretary of the Party Group, was transferred to the director, manager, general manager, and deputy secretary of the party group of China Datang Group Co., Ltd.;He is the chairman of the State Grid and Secretary of the Party Group; Ye Xiangdong, deputy general manager of China Huaneng, is transferred to the general manager of China Huadian.

Bai Tao Resume

Born in 1963 and graduated from Renmin University of China, a doctor of economics.

He joined the ICBC in 1984. He has successively served as the head of the business and business office of the Ministry of Technology Reconstruction of the Ministry of Technology, Deputy President of Hainan Yangpu Branch, President, Party Secretary, and Assistant to President Hainan Branch;

In 1998, he served as deputy general manager of the Ministry of Credit Ministry of Industry and Commerce's head office;

In 2001, he served as the Deputy Governor of the Jilin Branch of the Industrial and Commercial Bank of China, a member of the party committee and the general manager of the business department, and the secretary of the party committee;

In 2003, he served as Deputy Governor of Industrial and Commercial Bank of China Hunan Branch (Host), President, Party Secretary;

In 2006, he served as the general manager of the asset risk management department of the General Office of the Industrial and Commercial Bank of China;

In 2009, he served as the general manager of the Risk Management Department of the Industrial and Commercial Bank of China and director of the internal Audit Bureau;

In June 2014, he served as vice president and party committee member of China Life Insurance (Group) Company;

In October 2016, he was the deputy general manager of China Investment Co., Ltd..

In June 2018, he served as President of the People's Insurance Group of China