According to the website of the Industrial and Commercial Bank of China, on the morning of April 30, 2024, the main responsible comrades of the relevant cadre bureaus of the Organization Department of the Central Committee attended the meeting of cadres of the Industrial and Commercial Bank of China and announced the decision of the Central Committee: Comrade Liu Jun will be appointed deputy secretary of the Party Committee of the Industrial and Commercial Bank of China.
On the same day, according to the WeChat official account of "CCB Today", on the morning of April 30, 2024, the main responsible comrades of the relevant cadre bureaus of the Organization Department of the CPC Central Committee attended the cadre meeting of China Construction Bank and announced the decision of the Central Committee: Comrade Zhang Yi was appointed deputy secretary of the Party Committee of China Construction Bank.
Let's take a look at the details:
The president of the "post-70s" Bank of Communications "parachuted" into the Industrial and Commercial Bank of China
According to public information, Liu Jun, male, born in 1972, is 52 years old. A native of Tongwei, Gansu, a member of the Communist Party of China. He is an alternate member of the 20th Central Committee, and served as Deputy Secretary of the Party Committee, Vice Chairman and President of Bank of Communications, and Chairman of the Board of Supervisors of the National Association of Financial Market Institutional Investors of China.
As a returnee, Liu Jun holds a master's degree in business administration from Northeastern State University in Oklahoma, and a doctorate degree in business administration from the Hong Kong Polytechnic University.
According to 21st Century Business Herald, Liu Jun, who graduated from Chinese University in 1993 with a major in finance, started his career as a foreign exchange trader in the international business department of China Everbright Bank, and then successively served as the deputy director of the financing department and the correspondent banking department of the international business department of Everbright Bank, the director of the correspondent banking division of the international business department, the assistant to the general manager of the international business department and the director of the correspondent banking department.
In 1996, the Asian Development Bank (ADB) became a shareholder of China Everbright Bank, setting a precedent for an international financial organization to take a stake in a commercial bank in China. At that time, it was Liu Jun who introduced the Asian Development Bank.
In 2000, Liu Jun was sent to Hong Kong as the chief representative of the Hong Kong representative office of China Everbright Bank, and then successively served as the general manager of the treasury department, the general manager of the investment banking department, the general manager of the financial market center, and then in 2010, he was promoted to the vice president of the bank and the deputy secretary of the party committee of the head office, when he was only 38 years old.
In August 2014, at the age of 42, Liu Jun joined the board of directors of Everbright Group and served as executive director, deputy general manager and member of the party committee of the head office.
In October 2016, Liu Jun ended her career at Everbright Group for more than 20 years and became the Deputy General Manager and Chief Risk Officer of CIC. Four years later, on May 23, 2020, he "went south" to take up the post of president of Bank of Communications, becoming the only "post-70s" president among the state-owned banks at that time.
Up to now, he has been working in the Bank of Communications for nearly four years. During Liu Jun's tenure, the non-performing rate of the Bank of Communications decreased year by year. In 2020, when the new crown epidemic hit the most, it was 1.67% that year, 1.48% in 2021, 1.35% in 2022, and 1.33% in the latest financial report in 2023.
Since the beginning of this year, ICBC has ushered in a series of personnel changes. In February this year, after Liao Lin, the former president of the Industrial and Commercial Bank of China, was promoted to chairman of the bank, the position of president of the Industrial and Commercial Bank of China has been vacant until now.
In addition, ICBC also welcomed two new vice presidents. At the end of January this year, Yao Mingde, president of the Shenzhen branch of the Agricultural Bank of China, was transferred to the party committee of ICBC, and was appointed as vice president by the bank's board of directors in February, and his qualifications were approved on March 26.
On April 29, ICBC issued an announcement on the resolution of the board of directors, deciding to appoint Zhang Shouchuan, president of Bank of China Shanghai Branch, as the vice president of the bank, and his appointment shall be approved by the board of directors and submitted to the State Administration of Financial Supervision and Administration for approval.
Zhang Yi "returned" to CCB
According to the data, Zhang Yi, male, Chinese nationality, born in 1971, graduated from Southwestern University of Finance and Economics in 1993, graduated from Chinese University of Finance and Economics in 2002, obtained a master's degree in business administration, and is a senior accountant.
Prior to that, Zhang Yi served as Deputy General Manager of the Asset and Liability Management Department of China Construction Bank, Vice President and President of Jiangsu Branch, General Manager of Finance and Accounting Department of China Construction Bank, and Chief Financial Officer of China Construction Bank from April 2021 to September 2021. From November 2021 to March 2023, he served as the Vice President of Agricultural Bank of China.
Since March 2023, Zhang Yi has served as the Vice President of Bank of China, a member of the Strategic Development Committee of the Board of Directors of Bank of China, and a member of the Related Party Transaction Control Committee.
In early April, the Bank of China also issued an announcement on the appointment of Zhang Yi, the bank's executive director. According to the announcement, from April 3, 2024, Zhang Yi will be appointed as an executive director of Bank of China, and also serve as a member of the Strategic Development Committee of the Board of Directors of Bank of China and a member of the Related Party Transaction Control Committee. Zhang Yi will serve as an executive director of BOC for a term of three years.
Source: China Fund News