China Development Bank President Tan Jiong Appointed Party Secretary of PICC Group

Management
โดย 蓝鲸财经·Read original
Summary · why it matters

The central authorities have decided to appoint Tan Jiong as Party Secretary of the People's Insurance Company Group of China. On the afternoon of July 23, leading officials from the Organization Department of the CPC Central Committee attended a PICC cadre meeting to announce the appointment. According to convention, after the relevant procedures are completed, the 60-year-old Tan Jiong will become chairman of PICC. Tan Jiong previously served as deputy party secretary, vice chairman, and president of China Development Bank, with extensive experience in banking and a background as a vice governor in charge of finance.

Impact on stocks 1

Others▲ · 1 stocks
People's Insurance of China Ltd
601319
± MixedCapitalrelevance

Tan Jiong appointed as Party Secretary, likely to become chairman; his banking and financial background may influence PICC's strategy, but impact unclear.

Off-coverage companies 1

国家开发银行Private± Mixed
Capitalrelevance

Tan Jiong leaves CDB presidency; leadership change may affect CDB's operations, but no specific impact stated.

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