① CCB issued four consecutive announcements involving a number of key personnel changes, including the appointment of a new executive director, the appointment of a deputy governor, and a new chief risk officer and director secretary. On the same day, the Bank of China also announced the departure of the deputy governor; ② Currently, the senior management teams of the six major state-owned banks generally have a “one plus four deputy” and “one chief and five deputy” pattern, but there are still vacant positions as governors and chairman of many major banks.
Financial Services Association, May 17 (Reporter Peng Kefeng) As the backbone of China's banking system, every move by the executives of the six major state-owned banks has attracted much attention.
On the evening of May 16, CCB issued four consecutive announcements involving a number of key personnel changes, including the appointment of a new executive director, the appointment of a deputy governor, and a new chief risk officer and director secretary. On the same day, the Bank of China also announced the departure of the Deputy Governor.
This morning, according to statistics from the Financial Federation reporter, the senior management teams of the six major state-owned banks currently generally have a “one chief, four deputy” and “one chief and five deputy” pattern, but there are still many vacant positions as governors and chairmen of the major banks.
Three post-70s were appointed CCB announced multiple personnel changes within one day
Judging from various announcements issued by CCB yesterday evening, it can be described that there have been quite a few recent personnel changes at the bank.
CCB pointed out that the Bank's board of directors meeting was held in Beijing on May 16, 2024 in the form of a live meeting. The meeting was presided over by Chairman Zhang Jinliang. The meeting agreed to nominate Mr. Zhang Yi as the Bank's executive director. Meanwhile, Zhang Yi officially announced his appointment as Deputy Party Secretary of China Construction Bank on April 30.
According to the normal procedure, Zhang Yi will officially become the chairman of CCB after receiving approval from the General Administration of Financial Supervision. The nomination of Zhang Yi as the executive director at this meeting was also a routine operation before the new governor took office. According to official information, Zhang Yi was born in January 1971 and graduated from Southwest University of Finance and Economics in 1993.
On the same day, CCB also issued an announcement stating that Vice Governor Wang Bing is also the Bank's board secretary. Wang Bing is also a post-70s. Since March 2023, he has been the Vice President of CCB and the Chairman of CCB Asia. Due to age, former director Hu Changmiao has submitted his resignation to the Bank's board of directors and applied to resign as secretary of the Bank's board of directors.
In addition, CCB also announced that on April 15, the Bank's board of directors deliberated and passed a bill to appoint Mr. Li Jianjiang as the Bank's Deputy Governor. The China Financial Supervisory Authority has now approved Mr. Li Jianjiang's qualifications, and Mr. Li Jianjiang has officially taken office as the Bank's Deputy Governor. In addition, CCB also agreed that Mr. Li Jianjiang will also serve as the Bank's Chief Risk Officer. According to public information, Li Jianjiang was born in February 1973 and graduated from the China University of Finance majoring in finance in July 1996.
According to CCB's official information, after Zhang Yi takes office as governor in the future, CCB executives will face a “one chief and five deputy” situation. The five deputy governors are Ji Zhihong, Li Yun, Wang Bing, Li Min, and Li Jianjiang.
Executives of the six major state-owned banks have been intensively replaced, and the positions of governors of the Bank of Communications and the Agricultural Bank are still vacant
Judging from the recent announcements of the six major state-owned banks, there are not a few personnel changes above the level of deputy governors of major banks.
In addition to China Construction Bank, the Bank of China also issued an announcement yesterday evening announcing the resignation of Vice Governor Zhang Yi on May 16 due to job adjustments. Zhang Yi has taken up a new job at a new bank and was transferred to China Construction Bank as Deputy Secretary of the Party Committee. On April 8, the Bank of China issued an executive change announcement. Starting April 3, 2024, Liu Jin officially became the Bank's Deputy Governor.
According to official Bank of China information, the Bank of China's senior management currently presents an organizational structure of “one chief and four deputy”. The current leadership team includes Chairman Ge Haijiao, Governor Liu Jin, and Vice Governors Lin Jingzhen, Zhang Xiaodong, Cai Zhao, and Liu Jin.
Furthermore, on May 15, the Bank of Communications also issued an announcement. Due to work adjustments, Mr. Liu Jun has submitted a written report to the Company's board of directors to resign as Vice Chairman, Executive Director, Governor, member of the Board Strategy Committee (Inclusive Finance Development Committee), and chairman of the Board's Social Responsibility (ESG) and Consumer Rights Protection Committee. The resignation will take effect from May 14, 2024. On April 30, Liu Jun took up a new position as Deputy Party Secretary of the Industrial and Commercial Bank of China.
According to official information, Bank of Communications Governor positions are currently vacant. The five deputy governors are Yin Jiuyong, Huang Hongyuan, Zhou Wanfu, Hao Cheng, and Qian Bin. The chairman is Ren Deqi.
The current position of Governor of the Agricultural Bank is also in vain. In December of last year, Fu Wanjun was appointed Deputy Director of the State Financial Supervision and Administration after resigning as Governor of the Agricultural Bank of China. The five deputy governors are Zhang Xuguang, Lin Li, Xu Han, Liu Jiawang, and Liu Hong. The chairman is Shu Gu.
The current leadership team of ICBC is: Party Secretary and Chairman Liao Lin; Deputy Party Secretary Liu Jun; four deputy governors Wang Jingwu, Zhang Weiwu, Duan Hongtao, Yao Mingde, and a proposed deputy governor Zhang Shouchuan. On April 29, 2024, ICBC held a meeting and decided to appoint Zhang Shouchuan as the bank's deputy governor, but the results of his qualifications have not yet been announced.
Compared to the other five major banks, the management team of the Postbank is relatively complete, and the “one positive and four deputy” structure remains unchanged. Specifically, the governor is Liu Jianjun, and the vice-governors are Yao Hong, Xu Xueming, Du Chunye, and Niu Xinzhuang. However, Zhang Jinliang, the bank's former chairman, left office in April 2022, and the position is currently vacant.