ICBC, Bank of China, China Construction Bank and Agricultural Development Bank welcome new vice presidents

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On March 6, Industrial and Commercial Bank of China, Bank of China, and China Construction Bank all issued announcements that the qualifications of vice presidents had been approved by regulators. On the same day, the China Banking and Insurance Regulatory Commission issued a reply on the qualifications of Xu Hao from the Agricultural Development Bank, and approved Xu Hao’s qualifications as vice president of the Agricultural Development Bank of China.

ICBC announced on the 6th that the board of directors approved the appointment of Duan Hongtao as vice president on January 17, 2023. Recently, ICBC received the “Reply from the China Banking and Insurance Regulatory Commission on the Qualifications of Duan Hongtao of ICBC”. According to relevant regulations, the China Banking and Insurance Regulatory Commission has approved Duan Hongtao’s qualifications to serve as the vice president of ICBC. The appointment of Mr. Duan Hongtao as Vice President of ICBC has come into effect.

Industrial and Commercial Bank of China Announcement

According to the previous announcement issued by ICBC, Duan Hongtao was born in May 1969, graduated from Wuhan University of Technology with a doctorate in management, and is a senior economist.

Before joining Industrial and Commercial Bank of China, Duan Hongtao had been working in China Construction Bank. He had successively served as the president of the Yangtze River Sub-branch of Hubei Branch, the general manager of the Compliance Department of the provincial branch, and the general manager of the Human Resources Department. Vice President, President of Qingdao Branch in December 2014, President of Shandong Branch in August 2016, Director of the Office of the Head Office in October 2020.

Bank of China announcement

The announcement issued by the Bank of China on the 6th shows that on January 19, 2023, the Board of Directors of the Bank of China approved the appointment of Zhang Xiaodong as the bank’s vice president. The bank has received the approval of Zhang Xiaodong’s qualifications from the China Banking and Insurance Regulatory Commission. From March 2, 2023, Zhang Xiaodong will serve as the vice president of the Bank of China.

Zhang Xiaodong was born in 1972, graduated from Nankai University in 2000, and received a doctorate in management from Beijing Jiaotong University. Previously worked in Industrial and Commercial Bank of China for many years, from March 2018 to April 2020, he served as General Manager of Private Banking Department of Industrial and Commercial Bank of China. From April 2020 to April 2021, he served as Director of the Office of the Industrial and Commercial Bank of China. From April 2021 to December 2022, he will be the general manager of the Human Resources Department of ICBC. Join Bank of China in 2022.

China Construction Bank Announcement

According to the announcement issued by China Construction Bank on the 6th, on January 18, 2023, the board of directors of China Construction Bank reviewed and approved the proposal on the appointment of Wang Bing as the vice president of China Construction Bank. The China Banking and Insurance Regulatory Commission has now approved Wang Bing’s qualifications, and Wang Bing has officially assumed the post of vice president of China Construction Bank.

Wang Bing was born in January 1972, Chinese nationality. Wang Bing is an economist. In 1996, he graduated from Soochow University with a master’s degree in English Language and Literature. In 2007, he received a master’s degree in business administration from London City University.

Wang Bing served as Assistant President of Bank of China Jiangsu Branch from April 2009 to January 2011; Vice President of Bank of China Jiangsu Branch from January 2011 to July 2014; President of Ningbo Branch of Bank of China; President of Bank of China Jiangsu Branch from July 2015 to October 2018; Bank of China Hong Kong (Holdings) Co., Ltd. and Bank of China (Hong Kong) Co., Ltd. Vice President of the company, during which time he served concurrently as director and chairman of Bank of China International Prudential Trust Co., Ltd., Bank of China Group Trustee Co., Ltd., and director of Bank of China Group Insurance Co., Ltd.

Approved by China Banking and Insurance Regulatory Commission

The “Reply of the China Banking and Insurance Regulatory Commission on Xu Hao’s Qualifications of the Agricultural Development Bank” released by the China Banking and Insurance Regulatory Commission on the 6th shows that Xu Hao’s qualifications as the vice president of the Agricultural Development Bank of China were approved.

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