A group of "new faces" have become the helm, and banking industry executives have undergone major job adjustments | finance | a group
From big banks to city commercial banks, there are frequent reports of changes from bank executives.
In just the past week, several banks including China Merchants Bank, Ping An Bank, Postal Savings Bank, and Bank of Communications have successively announced personnel adjustments for their executives.
These executives have left their positions
On the 14th, Jiangsu Zhangjiagang Rural Commercial Bank Co., Ltd. announced that its Chairman Ji Ying and Director and Vice President Guo Weidong will be appointed as company supervisors due to their age transfer. Gu Xiaofei, the Chairman of the Board of Supervisors, will no longer serve as the Chairman of the Company due to her age and will be appointed as the Company's Supervisor.
Zhangjiagang Branch announced on the 14th.
On the 13th of the previous day, Jiangyin Bank announced that its Chairman Sun Wei had resigned from his positions as Executive Director, Chairman, Chairman of the Strategic Development Committee, and member of the Three Rural Financial Services Committee due to a job transfer. On the 14th, according to the announcement of Zhangjiagang Bank, the board of directors of Zhangjiagang Bank has nominated Sun Wei as a candidate for the 8th board of directors. Currently, Sun Wei serves as the Party Secretary of Zhangjiagang Branch.
On the 13th, China Merchants Bank announced that its supervisor Xiong Liangjun had resigned due to age reasons. China Merchants Bank stated that Xiong Liangjun has been serving as the Chairman of the Supervisory Board of China Merchants Bank since August 2021.
China Merchants Bank announced on the 13th.
On June 9th, Ping An Bank announced the resignation of former president Hu Yuefei. This veteran, who has been working at Ping An for decades, has resigned from his position as Executive Director, member of the Board's Strategic Development and Consumer Rights Protection Committee, and President due to age reasons.
According to media reports, as of the 9th alone, 75 bank executives have resigned this year, with none of the six major state-owned banks absent. A total of 18 executives have resigned, including 6 from Bank of China, 4 from Postal Savings Bank, 3 from Agricultural Bank of China, 2 from Construction Bank, 2 from Industrial and Commercial Bank of China, and 1 from China Communications Bank. Before leaving, they held various positions such as Chairman, Vice President, Employee Supervisor, and Chief Risk Officer.
Upon reviewing the resignation notice, Zhongxin Finance found that the main reasons for executives leaving are age and job adjustments, with some executives having other appointments after leaving. In addition, during the financial anti-corruption crisis, some people have fallen off guard after leaving office. For example, Liu Liange, former Party Secretary and Chairman of Bank of China, was investigated for suspected serious violations of laws and discipline.
Multiple "new faces" take over as replacements
At a time when the wave of bank executives leaving their positions is surging, there is also a group of "new faces" accelerating their replacement and becoming the new generation of leaders.
According to Ping An Bank's announcement, after Hu Yuefei resigns, Ping An Bank plans to appoint Ji Guangheng as the bank's president. Ji Guangheng will also take over as the Party Secretary of Ping An Bank. Like Hu Yuefei, Ji Guangheng is also a senior banker with rich experience in the industry.
Ping An Bank Announcement.
On the 12th, two months after the former chairman left office, Zhongyuan Bank announced that it had obtained approval documents for the appointment qualifications of Chairman Guo Hao. According to the approval, Guo Hao's qualification as the chairman of the bank took effect on June 12th.
On that day, Hengfeng Bank also officially welcomed a new chairman. The approval issued by the State Administration for Financial Regulation shows that the qualifications of Xin Shuren, Executive Director and Chairman of Hengfeng Bank, have been approved.
On June 9th, Postal Savings Bank of China announced the appointment of Vice President Niu Xinzhuang. The announcement shows that the State Administration for Financial Supervision and Administration has recently approved Niu Xinzhuang to serve as the deputy president of the bank from June 6th this year.
On the same day, Bank of Communications announced that the State Administration for Financial Regulation approved the appointment of He Zhaobin as the Secretary of the Board of Directors of the company on June 6th. The appointment of the Secretary of the Board of Directors, Company Secretary, and Authorized Representative will take effect from June 6th.
On June 8th, China Construction Bank announced that regulatory authorities had approved the qualifications of Ji Zhihong and Cui Yong, and the two were officially appointed as executive directors of the bank.
Regarding the more frequent adjustment of banking industry executives, some industry insiders have indicated that on the one hand, this is due to the retirement of several bank executives, and on the other hand, with the transformation and development of the bank, it is necessary to readjust the leadership positions in charge of business. At the same time, timely supplementation of senior management personnel can help banks better carry out business operations and serve the high-quality development of the real economy.
However, after the adjustment, there are still multiple vacant bank executive positions. For example, according to the official website of Hengfeng Bank, the bank's president and supervisor are still vacant.