Bai Tao (; born 1963) is a Chinese business executive and senior economist who is the current chairman and party secretary of China Life Insurance Company, in office since 14 January 2022.

Biography

Born in 1963, Bai graduated from the Renmin University of China. Beginning in 1984, he served in several posts in the

Industrial and Commercial Bank of China Industrial and Commercial Bank of China Limited (ICBC; ) is a Chinese multinational bank. Founded as a limited company on 1 January 1984, ICBC is a state-owned commercial bank. With capital provided by the Ministry of Finance of China, the ...

, including vice president of Jilin Branch, president of Hunan Branch, and general manager of Risk Management Department. In June 2014, he was appointed vice chairman of China Life Insurance Company, but having held the position for only two years. In October 2016, he became deputy general manager of

China Investment Corporation China Investment Corporation (CIC) (Chinese: 中国投资有限责任公司; pinyin: ''zhōngguó tóuzī yǒuxiàn zérèn gōngsī'') is a sovereign wealth fund that manages part of the People's Republic of China's foreign exchange reserves. C ...

, concurrently serving as general manager of Central Huijin Investment (). In June 2018, he was recalled to China Life Insurance Company, where he was vice chairman and deputy party secretary. In January 2020, he rose to become chairman and

party branch secretary A Party Committee Secretary () is the leader of the Chinese Communist Party (CCP) organization in a province, city, village, or other administrative unit. In most cases, it is the ''de facto'' highest political office of its area of jurisdictio ...

of the State Development & Investment Corporation, and served until 14 January 2022, when he was appointed chairman and party secretary of China Life Insurance Company. His predecessor Wang Bin was sacked for

corruption Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted in a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain. Corruption m ...

on January 8.

References

{{DEFAULTSORT:Bai, Tao 1963 births Living people Renmin University of China alumni 20th-century Chinese businesspeople 21st-century Chinese businesspeople