On March 26, China Construction Bank announced that Tian Guoguo, chairman of the company, resigned due to age, and the company's board of directors elected Zhang Jinliang, president of the bank, to take over as chairman, and Zhang Jinliang will perform the duties and powers of the president on behalf of the new president until the date when the new president officially performs his duties.
According to the announcement, Tian Guoguo, the former chairman of CCB, has submitted his resignation to the board of directors of CCB, requesting his resignation as chairman, executive director, chairman and member of the strategic development committee of the board of directors of the bank. According to the relevant regulations, Tian Guoguo's resignation will take effect on the date when the resignation is delivered to the bank's board of directors.
Also on March 26, CCB held a meeting of the board of directors in the form of an on-site meeting, at which the meeting deliberated and passed the "Proposal on Electing Zhang Jinliang as Chairman of China Construction Bank Corporation and Related Arrangements", and elected Zhang Jinliang as the chairman of the board of directors of the bank in accordance with relevant laws and regulations and the relevant provisions of the Articles of Association.
According to the announcement, Zhang Jinliang meets the qualifications and conditions of the chairman of the board of directors stipulated in relevant laws and regulations and the Articles of Association, and his qualifications for the chairmanship of the board of directors need to be submitted to the State Administration of Financial Supervision and Administration for approval. Prior to the approval of his qualifications as chairman of the board of directors, in accordance with the relevant laws and regulations and the relevant provisions of the Articles of Association, Zhang Jinliang, as vice chairman of the board of directors, performed the duties and powers of the chairman of the board of directors and chairman of the strategic development committee of the board of directors, and ceased to be a member of the risk management committee of the board of directors. Zhang Jinliang's term of office as vice chairman shall expire on the date on which the State Administration of Financial Supervision and Administration approves his qualifications as chairman of the board.
In addition, due to work adjustments, Zhang Jinliang will no longer hold the post of president of CCB, and will perform the duties and powers of the president on his behalf until the date when the new president officially assumes his duties.
According to the announcement, Zhang Jinliang was born in 1969, received a doctorate degree in economics from Xiamen University, and has served as Secretary of the Party Committee of China Construction Bank since March 2024, Vice Chairman and Executive Director of the Bank since June 2022, President of the Bank since May 2022, and Deputy Secretary of the Party Committee of the Bank since April 2022. Prior to that, Mr. Zhang served as Chairman and Non-Executive Director of Postal Savings Bank of China Co., Ltd., Executive Director of China Everbright Group Co., Ltd. and Executive Director and President of Everbright Bank, and Executive Director and Vice President of Bank of China.
On the same day, in the "Announcement on the Resignation of the Chairman", CCB thanked the former chairman Tian Guoguo for his performance of duties. CCB said: During his tenure at CCB, Mr. Tian Guoli was diligent and dedicated, upright and innovative, promoted CCB to be the main force in serving the real economy and maintaining the ballast of financial stability, made new breakthroughs in reform and innovation, and achieved new results in high-quality development. Over the past six years, Mr. Tian Guoli has deeply promoted the organic integration of the Party's leadership and corporate governance, promoted the Party Committee and the Board of Directors to play a strategic leading role, practiced the new development concept with new financial actions, regarded finance as a beautiful cause to serve the society, and led the Bank to launch the "three major strategies" of inclusive finance, financial technology and housing leasing and strategic initiatives such as smart government affairs, rural revitalization and "Workers' Harbor" and other platform ecology, build an integrated risk prevention and control system of the group, build a solid risk management barrier, make every effort to open the "second development curve", focus on strengthening the construction of the leadership team and cadre talent team, and encourage cadres and employees to start a business and take responsibility. Under his leadership, CCB strives to build a characteristic development model that balances both good and profit, vigorously promotes the financial culture with Chinese characteristics, unswervingly follows the path of financial development with Chinese characteristics, and strives to become the world's leading sustainable bank. While serving the public for a better life and contributing to the high-quality development of the economy and society, it has achieved good business performance and created considerable returns for shareholders. The Board of Directors of CCB highly praised and expressed its heartfelt gratitude to Mr. Tian Guoli for his outstanding contributions to the Bank.
Source: Financial Times client
Reporter: Yu Jiaxin
Editor: Han Shengjie
Email: [email protected]