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China Life Insurance's executive director resigns

Yang Mingsheng has resigned as chairman and executive director of China Life Insurance Co. Ltd.

Wang Bin was elected an executive director at the general meeting Nov. 13. His appointment is still subject to the approval of the China Banking and Insurance Regulatory Commission.

From March 2012 to September 2018, Bin served as an executive director and chairman of the board at China Taiping Insurance Holdings Co. Ltd.