The post 70s doctor is in Taiping, China, and what is the new atmosphere of trillions of financial

Mondo Social Updated on 2024-02-20

China Taiping, a trillion-level "financial central enterprise", has a new atmosphere. A few days ago, China Taiping Insurance Group held its 2024 work conference, and a new face attracted the attention of the outside world, he was Yang Minggang, a member of the new team of China Taiping.

More than a month ago, Yang Minggang's title was still the "number one" of the business management department of Sinosure. On January 4 this year, at a press conference held by the State Administration of Financial Supervision and Administration, Yang Minggang, general manager of the business management department of Sinosure, disclosed a good "report card": from January to November last year, Sinosure achieved a cumulative underwriting amount of 834.8 billion US dollars, a year-on-year increase of 22%。

This report is more like his finale. From the CEO of the financial central enterprise department to the leadership team of another financial central enterprise, his promotion has attracted much attention.

Yang Minggang, born in January 1971, is a doctor of law. The reporter of Nandu Bay Finance Society combed through the public information and noticed that he had worked in the Civil and Administrative Procuratorate of the Supreme People's Procuratorate for more than 10 years. In May 2007, he joined China Export & Credit Insurance Corporation as the deputy general manager of the legal and compliance department, presiding over the work of the department, and in November of the following year, he was appointed as the legal responsible person of Sinosure. Prior to his appointment, he worked for SINOSURE for 17 years.

Yang Minggang (** from the Internet).

The local temporary position has become an important "plus" in his financial career。In November 2013, as a member of the 14th batch of doctoral service groups, Yang Minggang went to Fangchenggang City, Guangxi Province to serve as a member of the Standing Committee of the Municipal Party Committee and deputy mayor, in charge of finance, logistics and other work. At that time, Fangchenggang City, as one of the comprehensive pilot zones for financial reform along the border in Guangxi, was advancing rapidly on the road of financial reform along the border. How to give full play to your professional expertise in a short period of time, identify needs, and serve local economic development? According to **, after taking office,Yang Minggang conducted a survey of the city's financial situation and ran through all the banks and financial institutions in the city

The reporter of Nandu Bay Finance Society noticed that in 2015, there was a ** evaluation that after nearly two years of experience at the grassroots level, "Mayor Yang used his superb professional ability, broad thinking vision and strong leadership and coordination ability" to become"A booster to reshape the financial map along the border".

His promotion this time is reasonable, and he is a 'post-70s' doctor, which fully meets the requirements of the high-level to promote and reuse young and strong professional cadres. Some industry insiders commented.

It is worth mentioning that on the official website of China Taiping,Including Chairman Wang Sidong and General Manager Yin Zhaojun, there are currently 8 "group leaders", and Yang Minggang does not appear among them。The State Financial Regulatory Bureau has not announced the relevant approval news. According to industry insiders, after the completion of the relevant procedures, Yang Minggang may take up the post of deputy general manager of China Taiping.

It is observed that China Taiping is the longest-running national insurance brand in China, and it is also the only Chinese financial enterprise with its management headquarters overseas.

At the same time as Yang Ming took office, it was also the time when the annual report card of China Taiping was released. In accordance with public information, under the new accounting standards,In 2023, the group's operating income will be 135.5 billion yuan, a year-on-year increase of 21%; Total assets at the end of the year 138 trillion yuan, an increase of 17 from the beginning of the year2%;Managing investment assets23 trillion yuan, a year-on-year increase of 10%. Some of the plates are remarkable. For example, "Hong Kong Cars Go North" issued the industry's first order and innovated the "Hong Kong People's Bay Area Pension Taiping Plan"; At the same frequency as the strategy of the pension ecosystem, it has 50 "self-built + cooperative" pension communities.

Some weather vanes also need to be kept an eye out. The reporter combed and saw that at this 2024 work conference, China Taiping made arrangements for the work of the whole year, one of the key points isWe will do a good job in the "five major articles" and fully support the consolidation and enhancement of Hong Kong's status as an international financial center and the moderate diversification of Macao's industriesand broaden the pattern of international development. The other focus is clearly to focus on problem-oriented, make great efforts to promote value transformation, and solve problems through change.

In other words, the positioning and mission of a large state-owned financial institution are becoming clearer.

It is worth noting that also on January 29 this year, China Taiping held the 2024 Discipline Inspection and Supervision Work Conference in Shanghai, and deployed the 2024 work on the construction of party style and clean government and the fight against corruption. According to the spirit of the meeting, one of the places to exert force is:"Advance in depth to eradicate the soil and conditions that generate corruption. Maintain a high-pressure posture of punishing corruption, and strengthen the use of cases to promote reform and governance. ”

On the one hand, it is the addition of fresh blood of financial executives, and on the other hand, it is worth looking forward to how this large state-owned financial institution will continue to take the road of financial development with Chinese characteristics and activate the new atmosphere.

Written by: Lu Liang, reporter of Nandu Bay Finance Agency

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