Starting from over a hundred within the year, there have been intensive adjustments to the board, supervision, and senior members of listed banks, including job transfers, retirements, and job changes. | Chairman | Retirement
Recently, there have been many changes in small and medium-sized banks due to the expiration of senior management terms and job transfers. In just over a week, five listed banks, including Changshu Bank, Ruifeng Bank, Zhangjiagang Bank, Qilu Bank, and Jiangyin Bank, have announced personnel adjustments for directors, supervisors, and senior executives.
In addition, since June, listed banks have disclosed a total of 10 announcements regarding the appointment of directors and executives. Among them, Agricultural Bank of China, Qilu Bank, Construction Bank, Postal Savings Bank of China, Bank of Communications, Hangzhou Bank and other banks have successively announced that their qualifications for senior executives and directors have been approved. The positions of senior executives include Chief Risk Officer, Chief Financial Officer, Business Director, Vice President, etc.
According to rough statistics by reporters, there have been over a hundred adjustments involving directors, executives, and supervisors in A-share listed banks since the beginning of this year.
Intensive personnel adjustments in listed banks since June
Since June, listed banks have entered a period of intensive adjustment of directors, senior executives, and regulatory personnel. Recently, it was announced that the reasons for senior personnel changes include age transfer, job transfer, retirement, resignation, and job changes.
On June 21st, Shanghai Bank announced that the company's supervisory board had received resignations from external supervisors Ge Ming and Yuan Zhigang. Due to serving as an external supervisor in the company for six years, Ge Ming resigned from his positions as an external supervisor, Chairman of the Nomination Committee of the Board of Supervisors, and member of the Supervisory Committee of the Board of Supervisors. Yuan Zhigang resigned from his positions as an external supervisor, Chairman of the Supervisory Committee of the Board of Supervisors, and member of the Nomination Committee of the Board of Supervisors. Shanghai Bank stated that their resignations will result in the number of external supervisors on the company's supervisory board being less than one-third of the members. The resignations of Ge Ming and Yuan Zhigang will take effect after the company holds a shareholder meeting to elect new external supervisors to fill their vacancies.
On June 21st, Changshu Bank announced that Yin Xianzhu had resigned from his position as Vice President and Chief Financial Officer due to a job transfer. In addition, on the same day, Changshu Bank announced that due to age reasons, Huang Yongbin proposed to resign from his positions as employee representative supervisor, chairman of the supervisory board, and member of the nomination and performance evaluation committee of the supervisory board. At the same time, the employee representative assembly of the bank has elected Song Yi as the employee representative supervisor of the seventh supervisory board of the bank.
On the evening of June 15th, Ruifeng Bank announced that its board of directors had received a written resignation from Executive Director and President Zhang Xiangrong. Zhang Xiangrong applied to resign from his positions as Executive Director, President, Audit Committee member, Risk Management and Related Party Transactions Committee member due to job transfer reasons, and will no longer hold any positions in the bank after resigning.
On June 14th, Zhangjiagang Bank announced that it will hold a new election for the company's board of directors. Chairman Ji Ying will no longer serve as the company's chairman after the current election due to her age, and will be appointed as the company's supervisor. Guo Weidong, the vice president of the bank, and Gu Xiaofei, the supervisor, were also transferred and appointed as supervisors with Ji Ying.
At the same time, Sun Wei, who has just resigned as chairman of Jiangyin Bank, according to relevant public information, he has now become the Party Secretary of Zhangjiagang Bank. On the evening of June 12th, Jiangyin Bank disclosed that Sun Wei had to resign from his position as chairman and other related positions due to a job transfer. The bank's board of directors recommended Song Ping, the executive director and president, to act as chairman and other related positions on behalf of the bank.
Qilu Bank also announced on June 14th that its supervisor, Li Jiuxu, applied to resign from relevant positions due to job changes. Considering that Li Jiuxu's resignation will result in the number of employee supervisors in the supervisory board of the bank being less than one-third of the members of the supervisory board, according to relevant regulations, Li Jiuxu will continue to perform his duties as an employee supervisor until a new employee supervisor is elected by the company's employee representative assembly to take office.
On June 13th, China Merchants Bank announced that Xiong Liangjun had resigned from his position as the bank's supervisor and employee supervisor due to age reasons. The resignation of Xiong Liangjun as an employee supervisor shall take effect upon the election of a new employee supervisor by the bank's employee representative assembly to fill his vacancy. Prior to this, Xiong Liangjun will continue to fulfill his duties as an employee supervisor in accordance with relevant laws and regulations and the Articles of Association of China Merchants Bank Co., Ltd.
On June 9th, Ping An Bank announced that due to age reasons, Hu Yuefei resigned from his position as Executive Director, member of the Board of Directors' Strategic Development and Consumer Rights Protection Committee, and President of the bank. Before the qualification approval for the position of President of Ji Guangheng, Hu Yuefei continued to fulfill his duties as President.
Multiple listed banks welcome new management teams
According to rough statistics by reporters, since the beginning of this year, among A-share listed banks, 6 major state-owned banks, 8 joint-stock banks, 14 urban commercial banks, and 6 rural commercial banks have announced more than 100 adjustments to their directors, executives, and supervisors. In addition, senior executives of Hong Kong listed and non listed banks such as Zhongyuan Bank and Hengfeng Bank have also undergone frequent changes.
Among them, the personnel changes of monitoring and directors are mostly due to the expiration of their terms of office and the change of term. In addition to retirement at the age of retirement, high-level adjustments also include inter bank transfers after extended service.
For example, Sun Wei, the former chairman of Jiangyin Bank, was transferred to Zhangjiagang Bank as the party secretary. Without any unexpected circumstances, he will be appointed as the new chairman of Zhangjiagang Bank.
In addition, since last year, some small and medium-sized banks and other places have experienced a dense number of retirements of former chairman and president or "downfall" due to financial corruption. As a result, a new group of successors have been densely "filled", and they have quickly arrived through external transfers or internal promotions.
For example, on June 16th, Hangzhou Bank announced that it had recently received relevant approvals, stating that the appointment qualification of Vice Chairman Yu Liming had been approved by regulatory authorities. Yu Liming currently serves as the Deputy Secretary of the Party Committee, Vice Chairman, and President of Hangzhou Bank. Previously served as the Deputy Secretary, Vice Chairman, and General Manager of the Party Committee of Hangzhou Financial Investment Group Co., Ltd., as well as the Secretary and Chairman of the Party Committee of Hangzhou Industrial and Commercial Trust Co., Ltd. Yu Liming replaced the former president of the bank, Song Jianbin. Previously, the candidate for the chairman of Hangzhou Bank was finalized at the end of 2022, and Song Jianbin was promoted to the position of chairman of the bank.
In addition, on June 12th, Zhongyuan Bank announced that it had obtained approval documents from regulatory authorities regarding the qualifications of Chairman Guo Hao. According to the approval, Guo Hao's qualifications as Chairman of the bank have become effective on the same day.
On the same day as Zhongyuan Bank, Hengfeng Bank also received relevant approvals. The State Administration for Financial Regulation has approved Xin Shuren's qualifications to serve as the executive director and chairman of the bank, effective from June 10, 2023.
In addition, since June, the qualifications of senior executives from multiple banks such as Agricultural Bank of China, Construction Bank, Postal Savings Bank of China, Bank of Communications, Hengfeng Bank, Hangzhou Bank, and Zhongyuan Bank have been intensively approved.
Bank of Communications also announced on June 9th 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.
In addition, Bank of Communications announced on June 7th that the State Administration for Financial Regulation approved the qualifications of Lin Hua as the bank's business director, Liu Jianjun as the bank's chief risk officer, and Wang Wenjin as the bank's business director on June 1st, 2023, and the appointments of the three individuals will take effect from June 1st, 2023.
The Postal Savings Bank of China announced on June 8th that the State Administration for Financial Supervision and Administration has approved Niu Xinzhuang to serve as the deputy president of the bank, and will assume the position 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.
