On the afternoon of June 19th, the official website of the National Financial Regulatory Bureau disclosed the approval of Zheng Zhiming's qualifications as a director and chairman of Xingye International Trust Co., Ltd. Within the year, seven trust companies, including Citic and Ping An, have changed their leadership. In a previous article on Xingye Trust's official WeChat account, Zheng Zhiming, as the party secretary, talked extensively about non-performing asset disposal, emphasizing the importance of resolution, refocusing on the main business, and transformational development.
Trusts are as solid as iron, and the chairman changes frequently.
On the afternoon of June 19th, the official website of the National Financial Regulatory Authority announced that it approved the appointment of Zheng Zhiming as the director and chairman of Industrial International Trust Co., Ltd.
Today, according to a query by a Caixin reporter, Zheng Zhiming previously served as deputy general manager of Hangzhou Branch of Industrial Bank and has been the secretary of Industrial International Trust Party Committee since April this year.
Industrial International Trust welcomes new chairman, who comes from Industrial Bank.
Yesterday, Fujian Financial Regulatory Bureau issued a document approving the appointment of Zheng Zhiming as the director and chairman of Industrial International Trust Co., Ltd. The approval date is June 14th, 2024.
According to a query by a Caixin reporter, Zheng Zhiming was promoted from within Industrial Bank, where he previously served as deputy general manager of Hangzhou Branch and general manager of Industrial Bank's credit card center. He has rich work experience in both the head office and local branches of Industrial Bank.
According to the official account of Industrial International Trust on April 1st, Zheng Zhiming has been the secretary of Industrial Trust Party Committee, which means that Zheng Zhiming has been transferred to work for Industrial International Trust since April this year. As for the former chairman of Industrial International Trust, Shen Weiqun, he was approved to take office at the end of December 2017, and his term of office has reached six years. It is rumored that he will transfer to Industrial and Commercial Wealth Management.
Industrial International Trust is a subsidiary of Industrial Bank, with Industrial Bank holding 73% of the shares and contributing RMB 7.3 billion, making it the largest shareholder.
According to an article in the Industrial Trust official account, Zheng Zhiming focused heavily on non-performing asset disposal. Zheng Zhiming emphasized that NPL resolution, returning to the main business, and transformational development should be the focus of work. Making the subsidiaries go the way of high-quality development and become the main force of the whole group is a key point in demonstrating the achievements of party building work.
At the same time, Zheng Zhiming also emphasized the need to comprehensively improve the professional ability and tackling level of risk disposal, spare no effort to fight the special asset disposal battle, and clear up and resolve the non-performing assets in stock with unprecedented determination and intensity, and truly aim for efficiency in dealing with non-performing assets.
Seven trust companies have changed leadership since the beginning of the year, including CITIC Trust, Ping An Trust and other top institutions.
According to Caixin's statistics, since the beginning of the year, more than 20 trust companies, including CITIC Trust, Ping An Trust, China Marine Trust, Xiamen International Trust, Gold Valley International Trust, AVIC Trust, China Huaneng Guicheng Trust, J-yuan Trust, Lujiazui International Trust, Shanxi Trust, Everbright International Trust, Sichuan Trust, Tibet Trust, Aijian Trust, China Marine Trust, Zhongcheng Trust, COFCO Trust, Shandong International Trust, National Trust and Dongguan Trust, have had significant personnel changes including the board of directors and management team. Among them, seven trust companies have had changes in their chairman, including CITIC Trust and Ping An Trust, and other top trust institutions.
On January 10th, the regulatory website announced that it had approved Yue Zengguang's appointment as director and chairman of Shandong International Trust Co., Ltd.
On January 12th, the regulatory website announced that it had approved Fang Weihao's appointment as director and chairman of Ping An Trust Co., Ltd.
On March 8th, the regulatory website announced that it had approved Zhuo Xinqiao's appointment as chairman of China Marine Trust Co., Ltd.
On May 16th, the regulatory website announced that it had approved Xing Zhongcheng's appointment as chairman of Jilin Trust Co., Ltd.
On May 24th, the regulatory website announced that it had approved Lu Wei's appointment as chairman of Zhongxin Trust Co., Ltd.
On June 5th, the regulatory website announced that it had approved Zhang Qingwen's appointment as chairman of Dongguan Trust Co., Ltd.