Heavy!Fu Wanjun was appointed as the new deputy director of the State Administration of Financial Re

Mondo Finance Updated on 2024-01-31

Zhongxin Jingwei, December 26 (Wei Wei) On the 26th, the Agricultural Bank of China Co., Ltd. (hereinafter referred to as the Agricultural Bank of China) issued an announcement showing that the bank's president Fu Wanjun and secretary of the board of directors Han Qiang both resigned due to work adjustments.

According to the announcement, 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. The board of directors of ABC said in the announcement that during Fu Wanjun's tenure at the bank, he 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.

On the same day, according to the Ministry of Human Resources and Social Security, the Ministry of Human Resources and Social Security appointed and dismissed state workers and appointed Fu Wanjun as deputy director of the State Administration of Financial Supervision and Administration.

According to his resume, Fu Wanjun was born in 1968 and holds an executive MBA degree from Dalian University of Technology and is a senior economist. He 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. In March 2019, he 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. Since January 2023, Fu Wanjun has served as Vice Chairman, Executive Director and President of Agricultural Bank of China.

According to the announcement, after Fu Wanjun left office, Gu Shu, chairman of the Agricultural Bank of China, performed the duties of president on his behalf. Gu Shu was born in August 1967 and holds a doctorate in economics from Shanghai University of Finance and Economics and is a senior accountant. He was appointed as an Executive Director of ABC in January 2021 and Chairman and Executive Director of ABC since February 2021. He used to be the general manager of the finance and accounting department, the secretary of the board of directors, the general manager of the strategic management and investor relations department of the Industrial and Commercial Bank of China, and the president of the Shandong branch. He was appointed as Vice President of Industrial and Commercial Bank of China in October 2013, President of Industrial and Commercial Bank of China in October 2016, and Vice Chairman, Executive Director and President of Industrial and Commercial Bank of China in December 2016. He is currently the President of the National Association of Financial Market Institutional Investors of China and the Vice Chairman of the 8th Council of the China Society for Finance and Banking.

Another announcement issued by the Agricultural Bank of China on the same day showed that due to work adjustments, Han Qiang requested to resign as secretary of the board of directors and company secretary of the Agricultural Bank of China. According to the resume, Han Qiang was born in 1967, has a master's degree in business administration from Lanzhou University, and is a senior economist. 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. Since November 2020, Han Qiang has served as the secretary of the board of directors of the Agricultural Bank of China.

According to previous reports, Chen Qichang, Secretary of the Party Committee and President of the Shanghai Branch of the Agricultural Bank of China, retired at the end of the year, and was replaced by Han Qiang. In this regard, Zhongxin Jingwei asked the relevant departments of the Agricultural Bank of China, and the staff of the Agricultural Bank said that "there is no clear news".

The announcement pointed out that after Han Qiang's resignation, Wu Gang will perform the duties of secretary of the board of directors of the Agricultural Bank of China. According to his resume, Wu Gang has served as the chief risk officer of ABC since June 2023. In May 2018, he was appointed as the Director of the Audit Bureau of the Agricultural Bank of China. He served as Assistant General Manager and Deputy General Manager of the Corporate Business Department of Agricultural Bank of China, General Manager of the Business Department of Key Account Department and Vice President of Beijing Branch, President of Henan Branch of Agricultural Bank of China in June 2014 and Supervisor of Agricultural Bank of China in October 2019.

According to the official website of the Agricultural Bank of China, there are currently six senior managers of the Agricultural Bank of China, namely Zhang Xuguang, executive director and vice president, Lin Li, executive director and vice president, Xu Han, Liu Jiawang and Liu Hong, vice presidents, and Wu Gang, chief risk officer.

According to the third quarter report of the Agricultural Bank of China in 2023, as of September 30, 2023, the total assets of the Agricultural Bank reached 3870 trillion yuan, an increase of 14 percent over the end of the previous year07%, the first three quarters achieved operating income of 53335.8 billion yuan, down 054%;Net profit 20778.9 billion yuan, an increase of 5 over the same period last year22%。

For more information about the report, please contact Wei Wei, the author of this article: vivi1257@163com).

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