Cai Xiliang, chairman of China Life Property Insurance Co., Ltd., served as the party secretary of the China Life Insurance Group, means that he has replaced Bai Tao as the "first leader" of this large state -owned financial institution and will be the chairman of the group in accordance with the practice.

According to the announcement of the Chinese Life official website on Wednesday (August 28), the head of the Central Organization Department attended the Cadre Conference of the China Life Insurance Group and announced that the central government decided:Bai Tao's group "leader".

Public information shows that Cai Xiliang was born in 1966 and graduated from Shanghai University of Finance and Economics. He obtained a master's degree in economics and has rich industrial investment experience.

Cai Xiliang is a professor of university and was the deputy dean of the School of Finance and Finance of Shanghai University of Finance and Economics; the general manager of Shanghai Jinzhong Development Company; General Manager of CITIC East China Group; General Manager of CITIC Daxie Development Company, Secretary of the Party Committee; Director of the Management Committee of the Ningbo Daxie Development Zone and Secretary of the Party Working Committee; Chairman, General Manager, and Party Secretary of CITIC Investment Group.

Public information shows that Cai Xiliang joined China CITIC Group in July 2016. By November 2017, he has been a member of the group party committee, a member of the party committee and deputy general manager of China CITIC Co., Ltd.In April of the year, he was the deputy general manager of China CITIC Group.

In late April 2020, at the China Credit Party Committee (expanded) meeting, the main person in charge of the fourth bureau of the Central Organization Department announced the central decision and appointed Cai Xiliang as the deputy secretary of the Party Committee of China Credit Insurance.Formally approved by the regulatory authorities as the position of vice chairman and general manager of China Credit Insurance.

In April 2022, Cai Xiliang's position was adjusted again, from China Xinbao to the position of deputy secretary of the party committee from China Life Insurance Group; in November of the same year, he served as chairman of China Life Property Insurance Co., Ltd.

Chinese media quoted CITIC Systems, saying that Cai Xiliang is a technical cadre and is practical and low -key.

Chinese Life is a large state -owned financial institution, and is also an important institutional investor in the Chinese capital market. It has been selected for the Fortune Fortune World for 22 consecutive years.In 2023, the group's merger operating income was nearly 990 billion yuan (RMB, the same, Sim, S $ 180.9 billion), the consolidated premium revenue was nearly 790 billion yuan, the total assets of insurance and investment sectors were nearly 6.8 trillion yuan, and the total assets of the banking sector exceeded 3.5 trillion yuanYuan, management of third -party assets reaches 2.5 trillion yuan, and the total management assets are nearly 13 trillion yuan.