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Executive reshuffle at China Construction Bank

By Yan Pei
0 CommentsPrint E-mail China.org.cn, January 7, 2011
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China Construction Bank (CCB), the country's second largest state-owned lender, has reshuffled some of its senior executives to fill the vacancies of vice president, Chief Risk Officer (CRO), Chief Financial Officer (CFO), and Chief Audit Officer(CAO), the National Business Daily reported Friday.

Former head of CCB's Shanghai branch Zhao Huan will serve as the bank's vice president, the newspaper said, citing sources close to the bank.

Former general manager of CCB's risk management department Huang Zhiling was designated as the CRO. Huang previously served as the deputy director of the bank's policy research office and general office. In 1999, Huang was transferred to China Cinda Asset Management Co. and was the director of the president's office, the asset disposal commission and the asset evaluation committee. He later returned to CCB's risk management unit in April 2006.

Zeng Jianhua, former president of CCB's Guangdong branch, will be the new CFO. Zeng served as vice president of CCB's Hunan branch, deputy general manager of CCB’s asset and liability management department, and president of CCB's Shenzhen and Guangdong branches.

Former president of CCB's Zhejiang branch Yu Jingbo was named the bank's CAO. Yu took the post of vice president of CCB's Zhejiang branch and was elevated to be the branch's president in 2005.

The appointment of CRO, CFO and CAO has been approved by the bank's board of directors and is awaiting approval by the China Banking Regulatory Commission.

China's business press carried the story above on Friday. China.org.cn has not checked the stories and does not vouch for their accuracy.

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