Author | Old Notes
Source | House of Finance and Economics
Hengfeng Bank, which has been vacant for more than one year and nine months, recently released a financial report showing that Vice President Zheng Xianzhong has served as acting president.
It is worth noting that in the list of executives on the official website of Hengfeng Bank, Zheng Xianzhong is the second-ranked vice president, after Vice President Nie Dazhi.
What is the signal that the second-ranked deputy governor is at the helm of this national joint-stock bank with assets of more than 1.4 trillion yuan?
The House of Finance and Economics noted that Nie Dazhi became the vice president of Hengfeng Bank in August 2019, while Zheng Xianzhong became the vice president in November 2019. However, Zheng Xianzhong has been a member of the party committee since November 2018, and Nie Dazhi is not a member of the party committee; In terms of age, Zheng Xianzhong was born in 1967, while Nie Dazhi was born in 1964, Zheng Xianzhong has an advantage in age.
Zheng Xianzhong, like Xin Shuren, chairman of Hengfeng Bank, is from the Jinan branch of the central bank. Xin Shuren was the secretary of the Discipline Inspection Committee of the Jinan Branch of the People's Bank of China and the president of the Qingdao Central Branch, while Zheng Xianzhong served as the president of the Binzhou Central Branch and the Jining Central Branch of the Central Bank.
Who will officially take over as the president of this trillion-dollar stock bank, the industry is waiting to see.
The President has been vacant to date
Since the resignation of the then president Wang Xifeng in August 2022, Hengfeng Bank has been vacant as president.
In addition to the disclosure in the 2023 financial report that Vice President Zheng Xianzhong will act as the president, Hengfeng Bank has not officially announced the relevant information of the acting president on its official website. In the 2022 financial report, the content of the acting president also did not appear.
However, the dynamic information of related enterprises revealed that Hengfeng Bank already had an acting president. For example, according to a company called Xingtu Xinke in Wuhan, on January 18, 2024, Zheng Xianzhong, acting president of the head office of Hengfeng Bank, and his party visited for research and exchange.
According to the data, Zheng Xian, vice president of Hengfeng Bank, has been working in the Jinan branch of the central bank for a long time, and has served as the vice president of the Jining Central Branch of the Central Bank, the vice president of the Binzhou Central Branch, the president of the Binzhou Central Branch, and the president of the Jining Central Branch. In November 2018, he joined Hengfeng Bank as a member of the Party Committee and has been a vice president since November 2019.
Nie Dazhi, the first-ranked vice president, has worked in ICBC, and has served as deputy director of the Iron and Steel Division of the Raw Materials Department of the State Planning Commission, deputy general manager of the credit management department, deputy general manager of the second corporate business department, deputy general manager of the credit management department and general manager of the network financing business center of the credit management department, and deputy general manager of Shanxi Guoxin Investment Group Co., Ltd. In August 2016, he joined Hengfeng Bank and served as the general manager and director of the asset monitoring department, and has been the vice president since August 2019.
In addition to Zheng Xianzhong and Nie Dazhi, the senior management of Hengfeng Bank also includes: Han Jingwen, member of the Party Committee, Bai Yushi, member of the Party Committee and Vice President, Fang Yi, member of the Party Committee and Vice President (proposed candidate), Bi Guoqi, Vice President (proposed candidate), Hou Benqi, Secretary of the Board of Directors and Director of Human Resources, Fu Wei, Chief Risk Officer, Xu Tong, Chief Information Officer, and Yang Libin, Chief Financial Officer.
In addition to the vacancy of the president, the chairman of the supervisory board of Hengfeng Bank has also been vacant for more than a year and a half. In December 2022, Zhang Shumin, chairman of the board of supervisors, resigned due to work changes and has not been able to fill the vacancy.
Hengfeng Bank is one of the 12 joint-stock commercial banks in China, formerly known as Yantai Housing Savings Bank, which was established in 1987. In 2003, with the approval of the People's Bank of China, it was restructured into Hengfeng Bank.
In 2019, the market-oriented reform stock was restructured, and Central Huijin Company became the largest shareholder.
In February this year, Hengfeng Bank returned to the local state-owned assets, Shandong Jinzi held about 51.838 billion shares of Hengfeng Bank, accounting for 46.61% of the bank's total share capital, and Central Huijin Company held 45 billion shares of the bank, accounting for 40.46% of the bank's total share capital. This means that the shareholding ratio of Shandong Gold Capital surpasses Central Huijin and is promoted to the largest shareholder of Hengfeng Bank.
According to the annual report, Hengfeng Bank will achieve operating income of 25.275 billion yuan in 2023, a year-on-year increase of 0.62%.
At the 2024 bank-wide work conference held on March 21, Hengfeng Bank once again mentioned the goal of "overall listing".