The Deputy General Manager of Taiping Insurance has been investigated! Previously, the announcement showed that his annual salary was nearly one million yuan. | Xiao Xing | Deputy General Manager of China Life Insurance Shanghai Branch

Release time:Apr 14, 2024 07:11 AM

On July 18th, the Central Commission for Discipline Inspection and the National Supervisory Commission announced that Xiao Xing, a member of the Party Committee and Deputy General Manager of China Taiping Insurance Group Co., Ltd., is suspected of serious violations of discipline and law and is currently undergoing disciplinary review and supervisory investigation by the Central Commission for Discipline Inspection and the National Supervisory Commission.

According to the public resume, Xiao Xing, born in December 1971, is from Shangrao, Jiangxi. Before joining the insurance industry, he worked in the Shanghai Communist Youth League system for more than ten years.

▲ Xiao Xing. According to Shanghai Securities News

From July 1994 to July 2005, Xiao Xing served as the Deputy Secretary of the Youth League Committee of the School of Computer Engineering and Science at Shanghai University, a clerk, deputy chief clerk, chief clerk, and assistant minister of the Regional Work Department of the Shanghai Youth League Committee, the Deputy Minister of the United Front Work Department of the Shanghai Youth League Committee, the Deputy Secretary General of the Shanghai Youth League Federation, and the Minister of the Rights and Interests Department of the Shanghai Youth League Committee.

In July 2005, Xiao Xing joined China Life Insurance Shanghai Branch and successively held positions such as General Manager of Human Resources Department, Minister of Party Committee Organization Department, and General Manager of Pudong Branch. Since December 2007, he has served as a member of the Party Committee, Chairman of the Supervisory Board, Deputy General Manager of the Hong Kong Branch, and Chairman of China Life Trust. Since December 2009, he has served as the Deputy General Manager, Party Secretary, and General Manager of China Life Insurance Shanghai Branch.


The Deputy General Manager of Taiping Insurance has been investigated! Previously, the announcement showed that his annual salary was nearly one million yuan. | Xiao Xing | Deputy General Manager of China Life Insurance Shanghai Branch

Since 2013, Xiao Xing has served as the Party Secretary and General Manager of Taiping Asset Management Co., Ltd. Starting from May 2017, he served as a member of the Party Committee and Deputy General Manager of China Taiping Insurance Group. Starting from June 2020, he served as a member of the Party Committee, Executive Director, and Deputy General Manager of China Taiping Insurance Group. Among them, starting from December 2021, Xiao Xing also held the positions of Party Secretary and General Manager of Taiping Pension Insurance Co., Ltd. until this investigation.

According to previous announcements from China Taiping Insurance Group, in 2022, Xiao Xing received a salary of HKD 824000 and other allowances of HKD 178000 from China Taiping Insurance. In addition, the company provides accommodation for Xiao Xing, with an annual rent of approximately HKD 599000.

Red Star News reporter noticed that according to Shanghai Securities News, on April 25th of this year, Xiao Xing also participated in the "2023 Huibao World Insurance Conference" in Shenzhen.

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