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New China Life chairman, CEO officially departs

Wan Feng has resigned from all of his positions at New China Life Insurance Co. Ltd., effective Jan. 16.

The company cited his age as the reason for the resignation.

Some of his positions in the company include chairman of the board, CEO, legal representative, executive director, chairman of the strategy and investment committee of the board, chief risk officer, and chairman of the board of New China Asset Management Co. Ltd.