The board of directors of China Reinsurance (Group) Corporation, the country’s largest reinsurance firm, has announced the retirement of Wang Xiaoya.
Xiaoya has stepped down as Non-Executive Director, Vice Chairlady, and member of the Board’s Risk Management Committee, Strategy and Sustainable Development Committee, and Audit Committee.
She served as a Non-Executive Director of China Re since August 2019.
Her retirement follows her attainment of the statutory retirement age, effective December 2, 2024, when her letter of retirement was submitted to the Board.
In her statement, Xiaoya confirmed she has no disagreements with the Board and that there are no other matters requiring the attention of the Company’s shareholders.
The Board expressed its sincere gratitude to Xiaoya for her significant contributions during her tenure in a recent announcement by China Re.
