Insurance Company Executive Taking Lead at Central Huijin

(Beijing) – China Life Insurance (Group) Co.'s vice president Bai Tao is expected to take the helm at China's state-owned investor Central Huijin Investment Ltd., according to sources with knowledge of the matter.

Bai, 52, is on track to become Huijin's president, a position that has been left open for more than a year after former executive Xie Zhichun resigned in May 2015.