Regulatory Approval Granted for Cao Shunming as Board Secretary of China Reinsurance

Deep News
07/10

The regulatory authority has officially approved the appointment of Cao Shunming to the position of Board Secretary at China Reinsurance (Group) Corp Ltd (HKG: 01508).

Background and Career History

Public records indicate that Cao Shunming was born in August 1974 and holds a doctoral degree in law. His professional career includes roles at PICC Group, PICC Asset Management Company Limited, and PICC Property and Casualty Company Limited. Within the company, he has previously served as Deputy General Manager of the Risk Management and Legal Compliance Department, Deputy General Manager of the Internal Control, Compliance and Legal Affairs Department, Employee Representative Supervisor, Chief Legal Officer, General Manager of the Risk Management Department, and Chairman of the Supervisory Board of Huatai Insurance Agency.

Tenure at China Reinsurance

Cao joined China Reinsurance in 2006, where he has held several key positions including Senior Manager of the Legal Affairs Office and General Manager of the Risk Management Department. He has been instrumental in leading various compliance and digital transformation initiatives. In July 2023, he was appointed as Assistant General Manager of China Reinsurance (Group) Corp Ltd (HKG: 01508). In 2024, he spearheaded efforts to establish a "One Body, Two Wings" digital organizational framework for China Reinsurance, proposing systematic practical directions for the digital transformation of the insurance industry.

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