Mar 26, 2024 07:11 PM

FINANCE

Exclusive: Citic Group’s Personnel Shuffle Extends to Venture With Prudential

By Wu Xiaomeng and Qing Na

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Citic’s booth promotes the Chinese financial conglomerate’s various businesses at an industry event in January 2022. Photo: VCG

Citic’s booth promotes the Chinese financial conglomerate’s various businesses at an industry event in January 2022. Photo: VCG

Chinese conglomerate Citic Group Corp.’s recent wave of personnel moves has extended into its joint venture (JV) with British insurance giant Prudential PLC, sources told Caixin.

Chang Ge with Citic Financial Holdings Co. Ltd. is set to become general manager of Citic-Prudential Life Insurance Co. Ltd. (中信保诚人寿保险有限公司), taking over from Zhao Xiaofan, who is retiring, sources with knowledge of the matter told Caixin, citing an internal announcement.

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