People: Sino-Ocean Group Holding Ltd (3377.HK)
12 Nov 2018
Mr. Fu Fei is an Non-Executive Director of the Company. He is a PhD graduate. Mr. Fu is the chief officer of the risk resolution and legal affairs department of China Insurance Security Fund Co., Ltd., a director of China United Life Insurance Co., Ltd. and the deputy head of the take over working team of Anbang Insurance Group Co., Ltd., a substantial shareholder of the Company. He has extensive experience in insurance, banking and legal aspects. Mr. Fu has entered into an appointment letter with the Company for a term of one year commencing from 19 May 2018, subject to retirement from office and re-election at the next general meeting of the Company in accordance with the articles of association of the Company. Under the appointment letter with the Company, Mr. Fu will be entitled to a director’s fee of HK$350,000 per annum which was determined with reference to his duties and responsibilities within the Company, the Company’s remuneration policy and the prevailing market conditions. Mr. Fu is nominated by Anbang Insurance Group Co., Ltd., a substantial shareholder of the Company.
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