Caixin
May 10, 2024 08:08 AM
CX DAILY

CX Daily: Insurer Set Up to Rescue Anbang Fills Long-Vacant General Manager Post, Sources Say

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Dajia was set up in 2019 to take over some of the assets and operations of Anbang, which collapsed after a debt-fueled acquisition spree. Photo: VCG
Dajia was set up in 2019 to take over some of the assets and operations of Anbang, which collapsed after a debt-fueled acquisition spree. Photo: VCG

Insurance/

Insurer set up to rescue Anbang fills long-vacant general manager post, sources say

Dajia Insurance Group Co. Ltd., the state-owned company set up to rescue failed insurer Anbang Insurance Group Co. Ltd., has appointed a new general manager, sources told Caixin.

Dajia has made an internal announcement about the appointment of Sun Xianliang, chairman of its board of supervisors, though the change is still pending regulatory approval, according to sources with knowledge of the matter.

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