50-year-old Zhang Daoming appointed as a member of the Party Committee of PICC (People's Insurance Company of China)

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Abstract generation in progress

(Source: 财闻)

          Previously on December 9, 2025, People’s Insurance Company of China (PICC) announced that, due to the resignation of the company’s president, the board of directors on December 9, 2025 appointed Zhang Daoming as the company’s temporary head.            

On March 24, 财闻 noticed that the “Group Leadership” information on the official website of China Property & Casualty Insurance Company Limited (abbreviated as “China PICC (601319.SH)”) shows that Zhang Daoming has served as a Party committee member of China PICC.

Recently, industry insiders reported that the appointment of Zhang Daoming as the new president of People’s Insurance Company of China – Property and Casualty (stock name “China Property & Casualty (02328.HK)”) has been finalized. Previously on December 9, 2025, the PICC P&C announcement stated that, due to the resignation of the company’s president, on December 9, 2025 the board of directors appointed Zhang Daoming as the company’s temporary head.

According to information from the PICC P&C official website, Zhang Daoming, born in February 1976, has a postgraduate degree and a master’s degree in business administration. He is currently the temporary head of PICC P&C, an executive director, vice president, and chief financial officer.

Zhang Daoming also concurrently serves as a non-executive director of People’s Insurance Life Insurance Company Limited, a non-executive director and chairman of PICC Financial Services Co., Ltd., the chair member of the Finance and Accounting Professional Committee of the China Insurance Industry Association, the vice chair member of the Insurance Technology Professional Committee of the China Insurance Industry Association, the vice chair member of the Statistics and Research Professional Committee of the China Insurance Industry Association, the vice chair member of the Group Standards Professional Committee of the China Insurance Industry Association, the vice chair member of the Anti-Fraud Insurance Professional Committee of the China Insurance Industry Association, the vice chairman of the China Society for Disaster Prevention, and the chairman of the Disaster Insurance and Risk Reduction Subcommittee, as well as a standing council member of the Chinese Finance and Accounting Society.

Zhang Daoming has previously served as deputy director of the comprehensive planning division in the Human Resources Department of PICC P&C, deputy director of the market research division in the Strategy Development Department, assistant to the general manager of the Market Research Department/Channel Management Department, deputy general manager, deputy general manager (in charge of day-to-day work), deputy general manager of the Zhejiang Branch, general manager of the Compliance Department of PICC P&C, general manager of the Compliance/Risk Management Department, general manager of the Jiangxi Branch, and general manager of the Guangdong Branch, and assistant to the president of PICC P&C.

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