About

China Orient Asset Management Co. (COAMC) is a state-owned comprehensive financial service group jointly established by the Ministry of Finance and National Council for Social Security Fund, with a registered capital of CNY 55.6bn. As general manager of its legal department since 2010, Wu Guangyao has been involved in the company’s most important projects and deals. One of his highlights at COAMC involved an investment of $1.24bn into China United Property Insurance Co., a deal which saw COAMC become the insurer’s controlling shareholder, with a 51.01% stake acquired in 2012. More recently, in 2015 Guangyao participated in COAMC’s acquisition of a 50% stake in Bank of Dalian worth approximately RMB 18bn. Guangyao’s legal team has earned a series of internal awards and he himself has gained industry recognition in recent years. In 2016 he gave speeches on the topic of non-performing assets to industry peers.