总经理离任后开启高管选聘，珠江人寿经营困局仍待解

Core Viewpoint - The insurance company, Zhujiang Life, is undergoing a significant executive recruitment drive, aiming to fill five key management positions, including the general manager, amidst ongoing operational challenges and a lack of transparency in financial reporting [1][5]. Group 1: Executive Recruitment - Zhujiang Life is publicly recruiting for five senior management positions, including general manager, financial officer, board secretary, chief investment officer, and chief compliance officer, with a deadline for applications set for January 15, 2026 [3]. - The requirements for the general manager position include over 15 years of experience in the finance or insurance industry, with at least 10 years in life insurance management, and prior experience in comprehensive life insurance management is preferred [4]. - The previous general manager, Fu Anping, has left the company, and the current executive team consists of only four members, indicating a significant gap in leadership that the recruitment aims to address [4]. Group 2: Company Background and Challenges - Zhujiang Life was established in 2012 and is the only national life insurance company headquartered in Guangzhou, with shareholders including Guangdong Zhujiang Investment Holding Group and Guangzhou Financial Holding Group [5]. - The company initially thrived by leveraging an "asset-driven liability" model during a booming real estate market, achieving profitability by 2015, which was notable in the life insurance sector [5]. - However, the shift towards a focus on insurance fundamentals and the downturn in the real estate market have led to significant investment risks, with Zhujiang Life reporting overdue investments totaling 3.5 billion yuan in a real estate project [6]. Group 3: Financial Health and Future Strategies - As of the end of 2021, Zhujiang Life's total investment assets amounted to 851.55 billion yuan, with overdue investment assets reaching 30.94 billion yuan, primarily in real estate [6]. - The company's core and comprehensive solvency adequacy ratios were reported at 52.02% and 104.04%, respectively, indicating a precarious financial position, with a risk rating of C class [6]. - Experts suggest that increasing capital and introducing strategic investors could be viable paths for Zhujiang Life to address its solvency and investment risks, emphasizing the need for careful vetting of potential investors [7].