CNinsure Appoints Feng Jin as Vice President and Chief Information Officer
November 08 2007 - 7:00AM
PR Newswire (US)
GUANGZHOU, China, Nov. 8 /Xinhua-PRNewswire-FirstCall/ -- CNinsure
Inc. (NASDAQ:CISG) ('CNinsure'), a leading independent insurance
agency and brokerage company operating in China, today announced
that Mr. Fred (Feng) Jin joined CNinsure as Vice President and
Chief Information Officer (CIO), effective immediately. Prior to
joining CNinsure Inc., Mr. Jin served as the department manager at
New China Life Insurance Co., Ltd., one of the leading life
insurance companies in China. From October 2003 to March 2007, Mr.
Jin was the assistant president and general manager of the
Information Management Center of New China Life Insurance,
primarily responsible for IT system construction and management.
From May 2000 to October 2003, Mr. Jin served as a sales manager
and financial planner at US-based Prudential Financial Services, a
global leader in diversified financial services. Mr. Jin holds a
Master of Business Administration from University of Warwick and a
Bachelor of Law degree from Beijing Institute of Law &
Diplomacy. He has received the credentials of Chartered Financial
Consultant and Charted Life Underwriter from American College, USA.
Commenting on this event, CNinsure's Chairman and Chief Executive
Officer, Yinan Hu, said, 'We are very pleased to have Fred be part
of our management team. He will play an important role in helping
CNinsure build an efficient IT platform, which will provide strong
support to the expansion of CNinsure's distribution network as well
as to improve its insurance intermediary operating platform.' About
CNinsure Inc. CNinsure is a leading independent insurance agency
and brokerage company operating in China. CNinsure's distribution
network reaches some of China's most economically developed regions
and affluent cities. The company distributes a wide variety of
property and casualty and life insurance products underwritten by
domestic and foreign insurance companies operating in China and
provides insurance-related services. Forward-looking Statements
This press release contains statements of a forward-looking nature.
These statements are made under the 'safe harbor' provisions of the
U.S. Private Securities Litigation Reform Act of 1995. You can
identify these forward- looking statements by terminology such as
'will,' 'expects,' 'believes,' 'anticipates,' 'intends,'
'estimates' and similar statements. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on current expectations, assumptions, estimates and
projections about CNinsure and the industry. CNinsure undertakes no
obligation to update forward-looking statements to reflect
subsequent occurring events or circumstances, or to changes in its
expectations, except as may be required by law. Although CNinsure
believes that the expectations expressed in these forward looking
statements are reasonable, it cannot assure you that its
expectations will turn out to be correct, and investors are
cautioned that actual results may differ materially from the
anticipated results. For more information, please contact: Phoebe
Meng IR Officer Tel: +86-20-6122-2730 Email: DATASOURCE: CNinsure
Inc. CONTACT: Phoebe Meng, IR Officer of CNinsure,
+86-20-6122-2730, or
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