Insurance capital public offering changes executives, adjusting both the general manager and deputy general manager on the same day

On October 16, Taiping Fund announced that Cao Qi has resigned as General Manager due to work adjustments, and Deng Xianhu has resigned as Deputy General Manager due to work adjustments. Chairman Liu Dong will serve as the acting General Manager. Both Cao Qi and Deng Xianhu come from the shareholder system of Taiping Fund, which is part of China Taiping. The shareholders of Taiping Fund include Taiping Asset Management Co., Ltd., Taiping Life Insurance Co., Ltd., and Anshi Investment Management Co., Ltd., among which Taiping Asset Management Co., Ltd. and Taiping Life Insurance Co., Ltd. hold a combined shareholding ratio of approximately 94.77%. Cao Qi previously worked at Industrial and Commercial Bank of China and Taiping Asset Management Co., Ltd. She joined Taiping Fund Management Co., Ltd. in June 2023 and became General Manager in November of the same year. Deng Xianhu previously worked at China Pacific Life Insurance Co., Ltd., China Pacific Insurance Group Co., Ltd., Changjiang Pension Insurance Co., Ltd., Taiping Asset Management Co., Ltd., and Taiping Petrochemical Financial Leasing Co., Ltd. He joined Taiping Fund in April 2022 and became Deputy General Manager in July of the same year. In August 2023, when the previous General Manager Fan Yu resigned, Deng Xianhu briefly served as acting General Manager. Later, the General Manager position was taken over by Cao Qi. This time, both of them have resigned due to work arrangements. In the past two years, the scale and ranking of Taiping Fund have remained relatively stable. As of mid-2025, the non-monetary scale is less than 50.5 billion yuan, with an industry ranking outside the top 70. The acting General Manager, Chairman Liu Dong, also comes from the China Taiping system. He has worked at Hainan Port and Macao Information Industry Co., Ltd., Everbright Securities, Tiantong Securities Co., Ltd., Zhongyuan Securities Co., Ltd., Platinum Capital Management, Tianjin Port (Group) Co., Ltd., etc. From July 2009, he successively served as Vice President and Chief Risk Officer of Huaxia Life Insurance Co., Ltd., and as a candidate for Vice President and Chief Risk Officer of Ruizhong Life Insurance Co., Ltd. From May to October 2024, he served as Deputy General Manager of the Risk Management Department of China Taiping Insurance Group Co., Ltd. (China Taiping Insurance Group Co., Ltd.). He joined Taiping Fund in October 2024. Risk Warning and Disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at their own risk