Just after the Spring Festival of the Year of the Dragon, the People's Bank of China (PBoC) in two major economic provinces ushered in a new governor.
According to ** reports, on the morning of February 21, the Guangdong branch of the central bank held a bank-wide meeting to announce that Zhang Kui served as the secretary of the party committee and president of the Guangdong branch of the central bank, and concurrently served as the director of the Guangdong branch of the State Administration of Foreign Exchange.
Zhang Kui previously served as the "number one" of the Zhejiang branch of the central bank.
The vacancy left by Zhang Kui in the Zhejiang branch was taken over by Liu Yuling, deputy governor of the Beijing branch of the central bank.
In addition to provincial branches, many departments and bureaus of the central bank's head office also have vacancies in the "top leader", or are about to usher in personnel adjustments.
Since January this year, Li Wensen, director of the general office of the central bank, has been appointed as a member of the party committee of Sinosure, and Ruan Jianhong, director of the Department of Coordination and Coordination, has been appointed deputy director of the National Bureau of Statistics. In addition, the central bank's newly formed credit markets department will also have a new director.
In fact, since the beginning of this year, the central bank has had a number of department-level cadres take up new posts.
On the morning of the first working day of the Year of the Dragon on February 18, the official website of the Shanghai Bills Exchange showed that Zhang Cuiwei had been appointed secretary of the party committee; At the end of January, Ma Beiyang, deputy director of the Financial Market Department, was appointed secretary of the party committee of the Shanghai Clearing House.
The presidents of the branches of the two major economic provinces took up their new positions
Among the provincial branches of the central bank, due to the important position of the local economy, the branches in Guangdong and Zhejiang have also attracted much attention.
Guangdong is the largest province in China's economy, with a GDP of more than 13 trillion yuan in 2023; Zhejiang's total economic output ranks fourth in the country, with a GDP of more than 8 trillion yuan in 2023.
The branches of the People's Bank of China in two major economic provinces ushered in new presidents at the same time after the Spring Festival in the Year of the Dragon.
Prior to his appointment in Guangdong, Zhang Kui served as Secretary of the Party Committee and President of the Zhejiang Branch of the People's Bank of China, and Director of the Zhejiang Branch of the State Administration of Foreign Exchange.
During the period of the People's Bank of China, he served as the president of the Hangzhou Central Branch. In fact, since joining the work, Zhang Kui has worked in the People's Bank system, and has performed his duties in Anhui, Jiangsu, Chongqing, Hunan and other places.
Zhang Kui, a member of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC), pointed out a series of problems in last year's proposal to the National People's Congress and the National People's Congress last year, such as "the lack of comprehensive support for green finance" and the existence of "big banks serving large enterprises" in practice.
The previous president of the Guangdong branch of the central bank was Bai Hexiang, who was born in 1963 and retired last year. Since then, the Guangdong branch has been presided over by Vice President Qin Daoai.
With the transfer of Zhang Kui, Liu Yuling was appointed as Secretary of the Party Committee and President of the Zhejiang Branch, and Director of the Zhejiang Branch of the State Administration of Foreign Exchange, becoming another female president of the provincial branch of the central bank system.
Liu Yuling previously served as a member of the Party Committee and Deputy Governor of the Beijing Branch of the People's Bank of China, and Deputy Director General of the Beijing Branch of the State Administration of Foreign Exchange.
Personnel adjustment of the head office
Since the beginning of this year, the personnel adjustment of the departments and bureaus of the head office of the central bank has been carried out continuously.
At present, Li Wensen, director of the General Office of the Central Bank and director of the Party Committee Office, has been appointed as a member of the Party Committee of the China Export & Credit Insurance Corporation, and will be appointed deputy general manager after completing the procedures.
Vincent Lee was born in August 1966 and is now 57 years old. According to public information, Li Wensen served as the president of the Taizhou Central Branch of the People's Bank of China from 2004 to 2006; From 2006 to 2016, he served as Vice President of the Nanjing Branch of the People's Bank of China; From 2016 to 2020, he served as the president of the Taiyuan Central Branch of the People's Bank of China; In 2020, he served as the director of the Currency, Gold and Silver Bureau (Security Bureau) of the People's Bank of China; From 2020 to January 2024, he served as Director of the General Office of the People's Bank of China, Director of the Office of the Party Committee, and Spokesperson of the People's Bank of China.
Another cadre from the central bank is Nguyen Chien Hong, former director of the Department of Coordination and Coordination. On January 23, the official website of the National Bureau of Statistics was updated to show that Ruan Jianhong had been appointed as a member of the party group and deputy director of the National Bureau of Statistics.
Ruan Jianhong was born in October 1966, graduated from Chinese People's University with a doctorate in economics and is a senior economist. In August 2013, Ruan Jianhong served as the deputy director of the Shandong Provincial Development and Reform Commission for one year; In September 2016, Nguyen Jianhong was appointed director of the Survey and Statistics Department of the People's Bank of China until this personnel change.
Different from the "top leader" of the General Office and the Department of Coordination and Coordination, Ma Beiyang, deputy director of the Financial Market Department of the Central Bank, has been appointed secretary of the party committee of the Shanghai Clearing House under the central bank.
The Shanghai Clearing House helmed by Ma Zhiyang is the national financial infrastructure under the supervision of the People's Bank of China, the second in the world and the first in Asia after the international financial crisis, providing a full range of centralized clearing services for the interbank market; It is one of the three bond registration and custody institutions in China, providing the whole process of bond issuance, registration, custody and settlement services.
Another exchange under the central bank, the Shanghai Bills Exchange, has also ushered in a new head a few days ago, and Zhang Cuiwei has become the party secretary of the Shanghai Bills Exchange.
Zhang Cuiwei previously served as Deputy Secretary of the Party Committee and President of the Shanghai Bills Exchange. She also served as a member of the Party Committee and Vice President of the China Foreign Exchange Trade System (CIFS), where she paid special attention to the opening up of the bond market, financial innovation and the ecology of the interbank market.
According to ** report, the financial market department of the central bank is currently presided over by deputy director Gao Yang. The functions of the newly established Credit Markets Division will also be reintegrated with the Financial Markets Division.
Jintong News Agency noted that the credit market department focuses on doing a good job in the relevant work of the "five major articles". From the perspective of the adjustment of responsibilities, the original macro-credit policy guidance responsibilities of the Financial Market Department of the Central Bank will be divided, and the responsibilities related to real estate finance separated from the Macro-Prudential Administration will be merged and handed over to the newly established Credit Market Department.
The original Internet financial supervision of the Financial Market Department has been assigned to the Macroprudential Administration in the adjustment of responsibilities.
This means that the responsibilities of the Central Bank's Financial Markets Division, the Macroprudential Management Bureau, and the newly established Credit Markets Division will be realigned.
Who will be at the helm of the Credit Markets Division is being watched by the industry.