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Where will BOC Wang Jianhong go from here?
China Net Finance June 3 (Reporter Chang Shicheng Yunan) Recently, the China Banking and Insurance Regulatory Commission of China issued an announcement to approve the qualifications of the chairman of Wang Jianhong BOC Samsung Life Insurance Co., Ltd. (hereinafter referred to as "BOC Samsung Life Insurance").

According to public information, Wang Jianhong served as assistant to the president, member of the Party Committee, vice president, president and secretary of the Party Committee of Bank of China Shandong Branch; president and secretary of the Party Committee of Bank of China Liaoning Branch; Party Secretary of Bank of China Beijing Branch. In March 2020, he became a director of BOC Samsung Life Insurance.

Judging from his work experience, Wang Jianhong is an out-and-out veteran of the banking industry, having held important positions in several big banks, but having little experience in the insurance industry.

According to the approval of CBRC on Wang Jianhong's post qualification, BOC Samsung Life Insurance Company should urge Wang Jianhong to continue to study and master relevant laws and regulations on economy and finance, be familiar with post responsibilities, and faithfully and diligently perform his duties; Wang Jianhong is required to strictly abide by the relevant regulatory provisions of the China Banking Regulatory Commission and report the performance of his duties in a timely manner as required.

Before Wang Jianhong's qualification was approved, Bai Yang was the chairman of BOC Samsung Life Insurance.

According to public information, Bai Yang is also a veteran from the banking industry. He has served as President and Party Secretary of China Bank Xizang Autonomous Region Branch, Vice President and Party Secretary of China Bank Shanxi Branch, President and Party Secretary of China Bank Inner Mongolia Branch, and President and Party Secretary of China Bank Shanxi Branch. 20 15 1 1 joined BOC Samsung life insurance as a director.

On 20 16 65438+ 10/8, China Banking Regulatory Commission issued an approval announcement, approving Bai Yang's qualifications as chairman and general manager of BOC Samsung Life Insurance. Samsung Life Insurance, a bank of China, initiated the management mode of one chairman and general manager, which lasted for more than four years.

According to the latest solvency report for 2020 1 quarter published by Samsung Life Insurance of Bank of China, Bai Yang's position is only the position of general manager, and besides the position of chairman, Bai Yang's position of director also shows that he will hold office until March 2020.

According to public information, BOC Samsung Life Insurance was formerly AVIC Samsung Life Insurance Co., Ltd. (hereinafter referred to as "AVIC Samsung Life Insurance") established in 2005. 20 15 On August 20th, Bank of China announced that its wholly-owned subsidiary Bank of China Insurance Co., Ltd. (hereinafter referred to as "BOC Insurance") acquired 5 1% equity of AVIC Samsung Life Insurance through capital increase and became the controlling shareholder. AVIC Samsung Life was renamed Bank of China Samsung Life.

By the end of 20 19, the registered capital of BOC Samsung Life Insurance was16.67 million yuan, and the net assets of the company were16.88 million yuan. There are 37 branches in China, including Beijing, Tianjin, Qingdao, Shandong, Sichuan, Guangdong, Jiangsu, Zhejiang, Henan and Shaanxi 10.

According to the annual report, in 20 19, Bank of China Samsung Life realized insurance business income of 5.305 billion yuan, up by 85.08% year-on-year; The accumulated net profit was 54,569,200 yuan, a year-on-year increase of 576 1%.

By the end of this year 1 quarter, the core and comprehensive solvency adequacy ratios of BOC Samsung Life Insurance were 128.8%. It was 22.5 percentage points lower than the beginning of the year.

On 20191kloc-0/8, BOC Samsung Life announced in official website, the insurance industry association, that it plans to increase its registered capital by 800 million yuan. After the successful capital increase, the registered capital of the company was changed from16.67 million yuan to 2.467 billion yuan. At present, the capital increase plan has yet to be approved by China Banking and Insurance Regulatory Commission.

In view of the above situation, China Net Finance reporter contacted the person in charge of Samsung Life Insurance of Bank of China, but as of press time, he has not received the relevant interview reply. With regard to the future development of Bank of China Samsung Life under the leadership of the new "Chief Helmsman", China Net Financial Reporter will continue to pay attention.