Zheng Quan Shi Bao Wang·2025-03-13 06:04Group 1 - The chairman of Guangfa Bank, Bai Tao, has resigned due to work changes [1] - Cai Xiliang, the current chairman of China Life Group, is set to succeed Bai Tao as the chairman of Guangfa Bank [1] - This succession aligns with the precedent that the chairman of China Life Group has historically held the chairman position at Guangfa Bank [1] Group 2 - Cai Xiliang attended the 2025 work meeting of Guangfa Bank on January 17, 2024, where he delivered a speech [1] - Cai Xiliang was appointed as the secretary of the party committee of China Life Group in August 2024 and approved as chairman in November 2024 [1] - Cai Xiliang holds multiple positions within the China Life Group, including chairman of the listed life insurance subsidiary and chairman of Guoshou Asset Company, but may relinquish the latter role upon taking over as chairman of Guangfa Bank [1]