Meng Zhen, president of the Inner Mongolia branch of the Bank of Communications, was vice president of the Hebei branch before taking office last year

Operator Finance Cao Siqi/Wen

Since the bank established a branch in the Inner Mongolia Autonomous Region in July 2006, the local dairy, coal mining and other characteristic industries have been the key cooperation objects of the bank. Since the first president Shuaishi, the Inner Mongolia Branch of the Bank of Communications has provided financial services for Yili Group, Yitai Group and other enterprises on demand, and its work has been widely recognized.

The current president of the bank is Meng Zhen, an old employee of the Bank of Communications, and what new atmosphere has his arrival brought to the Inner Mongolia branch? Carrier Finance Network tries to reveal the secret for you.

Meng Zhen only appeared as president of the Inner Mongolia branch in October last year, and he previously worked for the Hebei and Shanxi branches of the Bank of Communications. Around 2013, Meng Zhen was the assistant president of the Hebei Branch, and a few years later he was promoted to vice president of the bank, and the Hebei Branch was mainly focused on the real economy and service improvement, and Meng Zhen's work in this regard should be done well.

Later, he was transferred to Zhongyuan and served as vice president of the Shanxi branch. Although it was different from the specific situation in Hebei, the general direction of the entire industry at that time was consistent. Benefits and services are grasped with both hands, which is naturally not difficult for Meng Zhen, who has already been a deputy.

The last president of the Inner Mongolia branch of the Bank of Communications was Shang Shiyan, who spent about five years in the steppe, often attending public events and making speeches; before that, he was vice president of the Liaoning branch.

At the end of 2019, the Inner Mongolia branch of the Bank of Communications was fined 400,000 yuan and confiscated 555,400 yuan of illegal gains for "failing to conduct due diligence on the authenticity of the background of entrepot trade transactions", when the bank's legal person was still Shang Shiyan.

In more remote areas, it is not uncommon for commercial banks to be punished because of their lack of awareness of compliance among themselves and their internal employees, which also reflects the importance of supervision at all times.

After Meng Zhen came to the Inner Mongolia branch, there has been no similar problem so far, and he is now busy working with many local banks and enterprises to support the high-quality development of Chifeng City. What in-depth exchanges will inner Mongolia Branch have with Chifeng City in the next step? Operator Finance Network will continue to pay attention.