Bank of Communications (Bank of Communications (BOCOM, Chinese abbreviated as Bank of Communications) was founded in 1908, with assets of 12.99 trillion yuan in 2022, it is one of the six major banks in China, one of the oldest banks in China, and one of the banknote issuing banks in modern China. On April 1, 1987, the re-established Bank of Communications officially opened to the public, becoming China's first national state-owned joint-stock commercial bank, with its head office in Shanghai. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and on the Shanghai Stock Exchange in May 2007.
Bank of Communications is one of the major financial service providers in China, and the Group's business scope covers commercial banking, securities, trust, financial leasing, fund management, insurance, offshore financial services, etc. Bank of Communications has 235 domestic branches, including 30 provincial branches, 7 directly affiliated branches, 199 provincial-administered branches, and 3,270 business outlets in 239 prefecture-level cities and above, 158 counties or county-level cities. It has 7 non-banking subsidiaries, including wholly-owned subsidiaries BOCOM Leasing, BOCOM Insurance, BOCOM Investment, and holding subsidiaries BOCOM Fund, BOCOM Guoxin, BOCOM Life and BOCOM International. In addition, Bank of Communications is also the largest shareholder of Changshu Rural Commercial Bank and the joint largest shareholder of Bank of Tibet, and has strategically invested in Bank of Hainan and controlled 4 rural banks.
In July 2019, the 2019 Fortune Global 500 was released: ranked 150th. The "Belt and Road" Top 100 Chinese Enterprises ranked 18th. In December 2019, it was selected as one of the 100 brands of the 2019 China Brand Power Ceremony. In March 2020, it was selected as one of the top 500 global brand value.
The current leaders of Bank of Communications are:
Party Secretary and Chairman: Ren Deqi
Ren Deqi, male, born in 1963, graduated from Tsinghua University in July 1988 with a master's degree in engineering. He has the title of senior economist. He is currently a member of the 14th National Committee of the Chinese People's Political Consultative Conference, Secretary of the Party Committee, Chairman and Executive Director of Bank of Communications.
Deputy Party Secretary, Vice Chairman, President: Liu Jun
Liu Jun, male, born in 1972, from Tongwei, Gansu, member of the Communist Party of China. He is currently an alternate member of the 20th Central Committee, Deputy Secretary of the Party Committee, Vice Chairman and President of Bank of Communications, and Chairman of the Supervisory Committee of the National Association of Financial Market Institutional Investors (NAFMII).
Deputy Secretary of the Party Committee and Chairman of the Board of Supervisors: Xu Jiming
Xu Jiming, male, Han nationality, born in 1966, received a doctorate degree in economics from the Institut des Hautes Etudes des Hautes Etudes des Sciences in Paris, France in 1995, and is a senior auditor. He is currently the Deputy Secretary of the Party Committee and Chairman of the Supervisory Committee of Bank of Communications.
Vice President: Yin Jiuyong
Yin Jiuyong, male, Han nationality, member of the Communist Party of China, started work in July 1993, doctoral degree. He is currently the Vice President of Bank of Communications, an executive director and a member of the Risk Management and Related Party Transaction Control Committee of the Board of Directors.
Vice President: Zhou Wanfu
Zhou Wanfu, male, obtained a master's degree in economics from the People's Bank of China graduate school in 1988 and a master's degree in business administration from Nanyang Technological University, Singapore in 2003. He is currently the Vice President of Bank of Communications.
Member of the Party Committee and Vice President: Qian Bin
Qian Bin, male, born in 1972, Chinese nationality, senior engineer. In 2004, he cooperated with the University of Hong Kong to study business administration at Fudan University and obtained a master's degree in business administration. He is currently a member of the Party Committee and Vice President of Bank of Communications, and concurrently serves as the Chief Information Officer.
Party Committee Member and Vice President: Huang Hongyuan
Huang Hongyuan, male, born in October 1964, started work in August 1986, Tujia, member of the Communist Party of China, from Hubei. He holds a bachelor's degree in electronic engineering from Shanghai Jiao Tong University, a master's degree in finance from the Graduate School of the People's Bank of China, a master's degree in mathematical finance from Imperial College London, and a doctorate degree in economics from the School of Finance of Chinese Minmin University. He is currently a member of the Party Committee and Vice President of Bank of Communications.
Secretary of the Board of Directors: He Zhaobin
He Zhaobin, male, Han nationality, born in January 1969, from Rizhao, Shandong. He joined the Communist Party of China in June 1998 and started working in August 1990. Certified Public Accountant. He is currently a non-executive director, secretary of the board of directors and company secretary of Bank of Communications.
Business Director: Tu Hong
Tu Hong, born in October 1967, received a bachelor's degree in economics from Chinese Min University in 1989 and a master's degree in economics from Fudan University in 1998. He is currently the Director of Business (Interbank and Market Business Segment) and General Manager of Financial Institutions Department of Bank of Communications.
Business Director: Lin Hua
Lin Hua received her MBA from Shanghai University of Finance and Economics in 2004. He is currently the Director of Business (Retail & Private Business) of Bank of Communications.
Business Director: Wang Wenjin
Wang Wenjin, male, is currently the business director of Bank of Communications.
Chief Risk Officer: Liu Jianjun
Liu Jianjun is the Chief Risk Officer of Bank of Communications.
Bank of Communications - HSBC Strategic Cooperation Advisor: Wu Zhaoan
Wu Zhaoan, currently a senior management member of Bank of Communications Co., Ltd., is a strategic cooperation consultant between Bank of Communications and HSBC.