China Life Announces the Appointment of Mr. Zhao Lijun as Chief Financial Officer

BEIJING, Nov. 24, 2016 /PRNewswire/ -- The board of directors (the "Board") of China Life Insurance Company Limited (the "Company") (NYSE: LFC; HKSE: 2628; SSE: 601628) announced today that the Company has recently received the Approval of Qualification of Zhao Lijun issued by China Insurance Regulatory Commission (the "CIRC"), pursuant to which the qualification of Mr. Zhao Lijun as the person in charge of finance of the Company (equivalent to the Chief Financial Officer) was approved by the CIRC and became effective on November 15, 2016. Mr. Zhao Lijun was nominated by the Board as the person in charge of finance of the Company following the resignation of Mr. Yang Zheng as a Vice President and the Chief Financial Officer of the Company on August 8, 2016.

Mr. Zhao Lijun, born in July 1963, became a Vice President of the Company on July 20, 2016. From May 2014 to April 2016, he served as the Chief Financial Officer and General Manager of the Finance Department of China Life Insurance (Group) Company. From 2012 to 2014, Mr. Zhao successively served as the Deputy General Manager (responsible for daily operation) and General Manager of the Data Center of the Company. From 2010 to 2012, Mr. Zhao served as the General Manager of the Legal and Compliance Department of the Company. From 2008 to 2010, Mr. Zhao served as the Deputy General Manager of the Shandong branch of the Company. From 2003 to 2008, Mr. Zhao successively served as the Assistant to the General Manager and the General Manager of the Finance Department of the Company. Prior to that, he successively served as a cadre in the Planning & Finance Department of the People's Insurance Company of China, the Director and Deputy Manager of the Planning & Finance Department of China Reinsurance Corporation in Hong Kong, the Deputy Manager and Manager of the Planning & Finance Department of China Insurance H.K. (Holdings) Company Limited, the Deputy Director, Director and Assistant to the General Manager of the Planning & Finance Department of China Life Insurance Company. Mr. Zhao graduated from the Accounting Department of Anhui Finance & Trade College with a bachelor's degree in accounting and finance in 1987, and from Tsinghua University with an EMBA in 2010. Mr. Zhao is a senior accountant.

SOURCE China Life Insurance Company Limited