The new commander of AVIC Trust was unveiled, and He Tangbing was promoted to chairman

Mondo Finance Updated on 2024-01-30

Reporter Jiahe.

After a year of vacancy, AVIC Trust finally ushered in a new chairman.

The deputy general manager was promoted to the chairman of the board

The reporter consulted the national enterprise credit information publicity system and noticed that AVIC Trust Co., Ltd. (hereinafter referred to as "AVIC Trust") has completed the change of chairman and legal representative, and He Tangbing serves as the chairman and legal representative of the company.

It is reported that on December 19, AVIC Trust announced that due to the needs of the company's operation and management, it was deliberated and approved by the company's second extraordinary general meeting of shareholders in 2023 and elected at the 14th meeting of the fourth board of directors.

At the same time, the company has recently completed the relevant changes and filing procedures with the Jiangxi Provincial Administration for Market Regulation on the above matters.

This means that AVIC Trust has finally ushered in a new "successor" after a year-long vacancy of the chairmanship. It is reported that He Tangbing, the new chairman of AVIC Trust, previously served as the company's deputy general manager and performed the duties of general manager on his behalf.

According to the information, He Tangbing, who has served as the deputy general manager of AVIC Trust since June 2021, has long-term experience in Chinese Life Property and Casualty Insurance, and has served as the deputy director of the Party Committee Office and the deputy general manager of the sales management department of Chinese Life Property and Casualty Insurance, the deputy director of the Party Committee Office of Chinese Life Group Corporation, the deputy director of the Office of the Preparatory Leading Group of Chinese Life Enterprise University, the member of the Party Committee and the vice president of the Insurance Vocational College, and the general manager of the Board Office of the Strategic Planning Department of Chinese Life Property and Casualty Insurance Company.

There were a number of executive changes during the year

On the whole, the leadership team of AVIC Trust is still undergoing adjustments. From the perspective of personnel changes, in March this year, Yao Jiangtao, the former chairman of AVIC Trust, and Wei Yinghui, the former deputy general manager of AVIC Trust, were both investigated.

In September this year, AVIC Trust ushered in a new party secretary, Zhang Huifen. Zhang Huifen previously served as the deputy director of the Party Construction and Propaganda Department of Aviation Industry Corporation of China.

On October 20, AVIC Trust issued an announcement on the adjustment of the performance of the general manager, saying that due to work adjustments, Zhou Qi no longer served as the general manager, and He Tangbing, the deputy general manager, performed the duties of the general manager on his behalf.

However, with He Tangbing's promotion to chairman and Zhang Huifen and other core executives in place, the improvement of the leadership team of AVIC Trust may be accelerated.

According to the data, AVIC Trust is a non-bank financial institution approved by the China Banking and Insurance Regulatory Commission, after more than ten years of market baptism, the company has assets under management of more than 600 billion yuan and net assets of nearly 20 billion yuan.

As of the end of 2022, AVIC Trust has a total of 2 shareholders, and AVIC Investment Holdings*** holds 8442%, OCBC Bank holds 1558%。Aviation Industry Corporation of China (hereinafter referred to as "AVIC") is the actual controller of AVIC Trust, AVIC Investment Holding is a subsidiary of AVIC Industry and Finance Holdings, and AVIC is a subsidiary of AVIC.

According to public data, as of the end of June 2023, AVIC Trust had total assets of 1923.1 billion yuan, an increase of 5 from the beginning of the year9.7 billion yuan;The total owner's equity is 1848.2 billion yuan, an increase of 4600 million yuan.

In the first half of 2023, AVIC Trust achieved an operating income of 112.3 billion yuan, achieving a net profit of 43.5 billion yuan, of which the net interest income was 12.69 million yuan, and the net fee and commission income was 97.3 billion yuan.

Editor: Huang Mei Review: Xu Wen.

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