Post-75 Zhang Daoming appointed as a member of the Party Committee of China People's Insurance Group! He may succeed as President of PICC Property & Casualty, having already served as acting head last year.

Original headline: Big news, exclusive: Zhang Daoming, born in the 1970s, appointed as a member of the Party Committee of China PICC Group! He may take over as the president of PICC Property & Casualty Insurance; he was already appointed as an interim负责人 last year

Source: Risk Enterprise Senior Insider

<Author|Kong Liushuang   Editor|Gu Ning>

《Risk Enterprise Senior Insider》 has learned exclusively that Zhang Daoming, interim head, executive director, vice president, and chief financial officer of PICC Property & Casualty Insurance, has taken up his new post as a member of the Party Committee of China PICC Group.

On March 24, 《Risk Enterprise Senior Insider》 learned exclusively that the official website of China PICC Group updated information indicating that Zhang Daoming, interim head, executive director, vice president, and chief financial officer of PICC Property & Casualty Insurance, has already been appointed as a member of the Party Committee of China PICC Group. Following customary practice, after the board resolution is approved and the National Financial Regulatory Administration grants its approval, Zhang Daoming will serve as vice president of PICC Group.

Recent market reports from multiple parties indicate that the new candidate for president of PICC Property & Casualty Insurance has been set as Zhang Daoming. By promoting Zhang Daoming to a Party Committee member of PICC Group one step ahead, this further confirms that the personnel arrangements for him to succeed Yu Ze and serve as president of PICC Property & Casualty Insurance are essentially in place.

According to what 《Risk Enterprise Senior Insider》 has learned, Zhang Daoming has worked within the PICC system for decades, and his career experience spans multiple core management and business lines, including human resources, strategic planning, marketing, compliance and risk control for PICC Property & Casualty Insurance. He also has “first-in-command” management experience at multiple provincial-level branches such as Zhejiang, Jiangxi, and Guangdong. He is a rare senior management talent in the insurance industry with cross-line and all-dimension experience, and can be said to be a true “jack-of-all-trades.”

Public information shows that Zhang Daoming was born in February 1976, holds a graduate degree, a Master’s in Business Administration, and is a senior economist. He has previously served as deputy director of the comprehensive planning division in the human resources department of PICC Property & Casualty Insurance; deputy director of the market research division in the strategic development department; assistant to the general manager of the market research division/channel management division; vice president; vice president (in charge of the work); deputy general manager of the Zhejiang Branch; general manager of the compliance department of PICC Property & Casualty Insurance; general manager of the compliance/risk management department; general manager of the Jiangxi Branch; and general manager of the Guangdong Branch. On December 16, 2020, Zhang Daoming was promoted to assistant to the president of PICC Property & Casualty Insurance. A year later, on October 29, 2021, he was appointed vice president of PICC Property & Casualty Insurance. On April 11, 2023, he concurrently served as the chief financial officer of PICC Property & Casualty Insurance.

In addition, Zhang Daoming currently also serves as a non-executive director of PICC Life Insurance; a non-executive director and chairman of PICC Financial Services; the chair of the Finance and Accounting Professional Committee of the China Insurance Industry Association; the deputy chair of the Insurance Technology Professional Committee of the China Insurance Industry Association; the deputy chair of the Statistics Research Professional Committee of the China Insurance Industry Association; the deputy chair of the Group Standards Professional Committee of the China Insurance Industry Association; the deputy chair of the Anti-insurance Fraud Professional Committee of the China Insurance Industry Association; vice chair of the China Disaster Defense Association and chairman of the Disaster Insurance and Risk Reduction and Mitigation Division; and a standing council member of the China Financial Accounting Society.

Before Zhang Daoming took up his new post as a member of the Party Committee of PICC Group, he had already been designated as the interim head of PICC Property & Casualty Insurance: On December 9, 2025, PICC Property & Casualty Insurance issued an announcement. Due to the resignation of the company’s president, the board designated Zhang Daoming as the company’s interim head, who would temporarily be responsible for the company’s overall work.

As of now, the leadership team of PICC Group consists of 11 people: Ding Xiangqun, Party secretary and chairman; Zhao Peng, deputy Party secretary, deputy chairman, president, and chief financial officer; Shi Qingfeng, head of the disciplinary inspection and supervision team stationed at China People’s Insurance Group Co., Ltd. by the Central Commission for Discipline Inspection and the National Commission of Supervision, and a member of the Party Committee; Xiao Jianyou, member of the Party Committee, executive director, and vice president; Cai Zhiwei, member of the Party Committee and vice president; Zhang Jinhai, member of the Party Committee, vice president, and Party secretary of the organs; Tian Geng, member of the Party Committee and vice president; Zhang Daoming, member of the Party Committee and vice president; Zeng Shangyou, board secretary; Gong Xinyu, business director; and Bai Feipeng, legal director.

On February 5, 2026, PICC Group held a work meeting. The meeting fully affirmed the group’s work achievements last year. It achieved balanced growth in both scale and efficiency, and coordinated improvement in social responsibility and economic benefits. In terms of core operating indicators, the group’s premium income stepped up to the 730 billion RMB level, the business structure continued to be optimized, and investment performance was strong. In terms of insurance functions, the amount of insurance responsibilities undertaken throughout the year totaled 36.48 trillion RMB, claims and payouts were 473 billion RMB, effectively serving the overall national development agenda. In risk control, the comprehensive risk ratings of all insurance subsidiaries all reached Grade A or above, firmly safeguarding the bottom line of safe and sound operations.

Entering 2026, PICC Group’s operational and management work is led by the strategy of “building first-class quality,” coordinating four relationships: speed and quality, consolidating strengths and cultivating new ones, overall and local, development and safety. It adheres to using strategic objectives as the guiding principle, and fully completes the various task and target objectives for the first year of the “15th Five-Year Plan.” It adheres to using the发挥 of functions as the focus, and promotes the aggregation of development resources toward the “five major articles” of finance. It adheres to high-quality development as the main line, achieving development that is more valuable in terms of gold content and more sustainable. It adheres to deepening reform as the driving force, pushing the “six reform initiatives” to deliver more tangible and practical results. It adheres to coordinated development as the point of emphasis, and effectively leverages the strategic value of the group’s comprehensive operations. It adheres to risk control as the bottom line, creating a favorable environment for the group’s reform and development.

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责任编辑：Qin Yi