China Reinsurance (Group) Corporation has appointed Zhuang Qianzhi as chairman of the board following the retirement of He Chunlei, who stepped down after reaching statutory retirement age.
Zhuang, who has served as vice chairman and executive director since December 2022, will formally assume the chairman role upon regulatory approval from the National Financial Regulatory Administration. He will act as interim chairman and legal representative from September 18, 2025, according to a stock exchange filing.
Before joining China Re, Zhuang held senior positions at China Construction Bank Corporation, including deputy general manager roles in investment banking and institutional business divisions.
Within China Re, Zhuang has previously held roles as vice president, president, compliance controller and chief risk officer. He also chaired subsidiary companies China Life Reinsurance Company and China Re Asset Management Company.
The leadership transition comes as China Re maintains its position among the world’s top five reinsurers, according to AM Best rankings. The company has also been expanding its regional presence, recently backing a new captive insurance structure in Malaysia’s Labuan jurisdiction alongside Northern Trust.
