Fu Wanjun, president of the Agricultural Bank of China, took up his new position!Deputy Director Gen

Mondo Finance Updated on 2024-01-31

According to the news of the Ministry of Human Resources and Social Security on December 26, ** appointed and dismissed state workers and appointed Fu Wanjun as deputy director of the State Financial Supervision and Administration Bureau.

On the same day, the Agricultural Bank of China announced that due to work adjustments, Fu Wanjun requested to resign as vice chairman, executive director, president and member of the Strategic Planning and Sustainable Development Committee of the board of directors, chairman and member of the "Three Rural" Finance and Inclusive Finance Development Committee, and member of the nomination and remuneration committee of the Agricultural Bank of China.

ABC said in the announcement that during his tenure at ABC, Fu Wanjun fulfilled his duties, was pragmatic and enterprising, efficiently promoted the implementation of strategies, actively promoted the transformation and development of business operations, and continued to strengthen risk compliance control, and achieved fruitful results.

As of press time, the "Senior Management" column on the official website of the Agricultural Bank of China has removed the relevant information of Fu Wanjun, and the "Leaders of the General Administration" column on the official website of the State Administration of Financial Supervision has also been updated.

At the age of 55, Fu Wanjun became the president of two banks within two years.

According to public information, Fu Wanjun, male, born in 1968, is an executive MBA of Dalian University of Technology and a senior economist.

Prior to his appointment as Vice Chairman, Executive Director and President of Agricultural Bank of China in January 2023, Fu Wanjun worked in China Everbright Group for more than three years.

In March 2019, Fu Wanjun was appointed as the Deputy General Manager of China Everbright Group Co., Ltd., and in June 2021, he was appointed as an Executive Director of China Everbright Group Co., Ltd. and an Executive Director and President of China Everbright Bank.

On December 2, 2022, Everbright Bank announced that Fu Wanjun resigned as an executive director, chairman and member of the Risk Management Committee of the board of directors, chairman and member of the Inclusive Finance Development and Consumer Rights Protection Committee, member of the Strategy Committee and president of Everbright Bank due to work adjustments.

At that time, the big bank also pointed out in the announcement that Fu Wanjun played an important role in organizing and promoting the construction of Everbright Bank's first-class wealth management bank, serving the real economy, developing inclusive finance, supporting green and low-carbon, strengthening risk management and control, promoting digital transformation, and strengthening the protection of consumer rights and interests.

According to the Agricultural Bank of China, Fu Wanjun's last public appearance was on November 24, attending the first Vocational Skills Competition and the 7th Business Technology Competition of the Agricultural Bank of China.

Prior to that, Fu Wanjun served as Assistant to the President and Vice President of Bank of Communications Urumqi Branch, President of Yinchuan Branch, President of Xinjiang Uygur Autonomous Region (Urumqi) Branch, President of Chongqing Branch, General Manager of Corporate Business Department of Bank of Communications, and Business Director (Corporate and Institutional Business Segment) of Bank of Communications.

At the 2022 annual results conference and the first half of 2023 results conference of Agricultural Bank of China, Fu Wanjun mainly responded to issues such as the bank's profit growth trend, downward pressure on interest margins, capital management, rural revitalization services, and digital transformation.

On the same day, two senior executives of the Agricultural Bank resigned.

According to the Regulations on the Allocation of Functions, Internal Institutions and Staffing of the State Administration of Financial Supervision and Administration issued by the China Institutional Establishment Network, the State Administration of Financial Supervision has one director and four deputy directors.

On December 9, the Ministry of Human Resources and Social Security announced that Cao Yu was dismissed from his post as deputy director of the State Administration of Financial Supervision and Administration. With Fu Wanjun's transfer, the State Administration of Financial Supervision still maintains the structure of "one principal and four deputies".

As for the Agricultural Bank of China, Gu Shu, chairman of the Agricultural Bank of China, will perform the duties of the president at present.

It is worth noting that on the same day as Fu Wanjun, Han Qiang, secretary of the board of directors and secretary of the Agricultural Bank of China, resigned. According to public information, Han Qiang, male, born in 1967, holds a master's degree in business administration from Lanzhou University and is a senior economist. Since November 2020, he has served as the secretary of the board of directors of Agricultural Bank of China. He used to be the assistant to the president, vice president and president of the Gansu branch of the Agricultural Bank of China, and the president of the Chongqing branch.

Editor-in-charge: Yang Yucheng.

Proofreading: Wang Wei.

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