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GUANGZHOU, China, August 11, 2010/PRNewswire-Asia-FirstCall/ -- CNinsure Inc. (Nasdaq: CISG), (the "Company" or "CNinsure"), a leading independent insurance intermediary company operating in China, today announced a management reshuffle to reallocate resources for the establishment of its four new profit centers, namely, insurance brokerage business, telemarketing and internet sales, consumer credit brokerage business and wealth management distribution business.
Chengbin Li, vice president of the Company, will resign from his current position as head of the life insurance unit of the Company and take up new assignments at the group as vice president for human resources management and strategic planning. He will spearhead the execution of the Company's human capital strategy and will be in charge of business model optimization for the profit centers of the Company. Feng (Fred) Jin, chief operating officer and chief information officer of the Company, will assume the additional role of the head of the life insurance unit. The resignation and appointment will be effective immediately.
Company Contacts:
Oasis Qiu
Tel: +86-20-61222777-850
Email: qiusr@cninsure.net