China Re has announced the resignation of its executive director Ren Xiaobing, whose departure from the company will come into effect from 25 February.
In the official announcement from China Re, Xiaobing said that he has no disagreement with the board, and there are no other matters that should be brought to the attention of the shareholders of the company.
The board expressed its gratitude to Xiaobing for his contribution to the company during his term of office.
As a result, China Re’s board has nominated Xiong lianhua for the fourth session of the board of supervisors of the company.
Lianhua has held various positions in the People’s Bank of China, including deputy division director, division director and inspector of deputy-bureau-level.
She served as a director of China Export & Credit Insurance Corporation from December 2012 to July 2019.