Welcoming the "post-70s" bank president, a 42 trillion yuan state-owned bank
On the evening of June 6, China Everbright Bank issued an announcement stating that Wang Zhiheng, executive director and president of China Everbright Bank, submitted his resignation to the bank’s board of directors on June 6 due to work adjustments, resigning as executive director. The board’s social responsibility, inclusive financial development and consumption Chairman and member of the Investors Rights Protection Committee, member of the Strategy Committee, member of the Risk Management Committee and president.
On the same day, the Board of Directors of the Agricultural Bank of China held a meeting and reviewed and approved the proposal to appoint Wang Zhiheng as the president of the bank. In addition, the meeting also reviewed and approved proposals such as nominating Wang Zhiheng as a candidate for executive director of Agricultural Bank of China and electing Wang Zhiheng as vice chairman of the bank. His appointment shall be effective from the date of approval by the State Financial Supervision and Administration Bureau.
An announcement from the Agricultural Bank of China shows that Wang Zhiheng, male, was born in June 1973. He holds a master's degree in economics from Nankai University and is an economist. He once served as deputy general manager of the Human Resources Department of the Bank of China, deputy president of the Guangdong Branch, president of the Qinghai Branch, general manager of the Human Resources Department of the Head Office, and president of the Beijing Branch. In August 2021, he was appointed as the vice president of the Bank of China. In February 2023, he was appointed as the executive director of China Everbright Group Co., Ltd.. In March 2023, he was appointed as the executive director of China Everbright Group Co., Ltd. and the executive director and president of China Everbright Bank.
Public information shows that the predecessor of Agricultural Bank of China can be traced back to the Agricultural Cooperative Bank established in 1951. Since the late 1970s, the bank has successively experienced different stages of development such as a national specialized bank, a wholly state-owned commercial bank, and a state-controlled commercial bank. In July 2010, the bank was listed on the Shanghai Stock Exchange and the Stock Exchange of Hong Kong. According to the Agricultural Bank of China's financial report for the first quarter of 2024, the total assets of the Agricultural Bank of China exceeded 40 trillion yuan, reaching 42.16 trillion yuan.
"Shangguanhui" noticed that Zhang Baojiang, another "post-70s generation", has also been appointed as president of Bank of Communications.
On the evening of June 4, Bank of Communications issued an announcement stating that the bank’s board of directors held its 15th meeting that day in a combination of live and video, and the meeting decided to appoint Zhang Baojiang as president. At this meeting, the Board of Directors of Bank of Communications also agreed to elect Zhang Baojiang as Vice Chairman of Bank of Communications and proposed to the shareholders’ meeting to elect Zhang Baojiang as Executive Director of Bank of Communications.
Bank of Communications stated in the announcement that if approved by the shareholders' meeting, the board of directors agrees to appoint Zhang Baojiang as chairman of the board of directors' social responsibility and consumer rights protection committee and member of the board of directors' strategy committee.
Zhang Baojiang's qualifications as executive director, vice chairman and president are subject to approval by the State Administration of Financial Supervision and Administration to take effect. His position as a special committee of the board of directors shall take effect after the State Administration of Financial Supervision approves his qualifications as an executive director. After Zhang Baojiang's qualification as president takes effect, Chairman Ren Deqi will no longer perform the duties of acting president.
Public information shows that Zhang Baojiang, born in 1970, is a senior economist.
Zhang Baojiang has worked for the Agricultural Development Bank of China for a long time. He has served as the Vice President of the Agricultural Development Bank of China, President of the Anhui Branch, Director of the Office of the Head Office, Vice President of the Shaanxi Branch, Deputy Director of the Policy Research Office, Deputy Director of the Office, and Research Office of the Head Office. Deputy director and other positions.
It is worth mentioning that just last month, Wang Zhiheng and Zhang Baojiang announced their new positions on the same day.
The Agricultural Bank of China WeChat public account announced that on the morning of May 22, entrusted by the leaders of the Organization Department of the Central Committee, the responsible comrades of the relevant cadres bureau of the Organization Department of the Central Committee attended the Agricultural Bank of China cadre meeting and announced the central decision: Comrade Wang Zhiheng was appointed as deputy party committee member of the Agricultural Bank of China. secretary.
On the same day, the WeChat public account of the Bank of Communications announced that on the afternoon of May 22, entrusted by the leaders of the Organization Department of the Central Committee, the responsible comrades of the relevant cadre bureau of the Organization Department of the Central Committee attended the Bank of Communications cadre meeting and announced the central decision: Comrade Zhang Baojiang was appointed deputy to the Party Committee of the Bank of Communications. secretary.
