The four chief executives of the State Administration of Financial Supervision are all vacant and va

Mondo Finance Updated on 2024-02-09

text|Yu Yan.

ed|Wu Ge.

Produced|Yuguan Finance.

On the official website of the State Administration of Financial Supervision and Administration (hereinafter referred to as the "State Administration of Financial Regulation"), the "chief" column has temporarily "disappeared".

According to the "Three Determinations" plan of the State Administration of Financial Supervision issued on November 10, 2023, there are a total of 114 department-level leaders in the association, including 114Chief Risk Officer, Chief Inspector,Lead CounselwithChief Accountant1 each.

Before the release of the "three determinations" plan of the State Administration of Financial Regulation, there was originally a chief risk officerLiu FushouChief AccountantMa Xuepingand the Chief InspectorBrother WangThree chiefs are on duty. In September 2021, when Liu Fushou was transferred from lead counsel to chief risk officer, the lead counsel was vacant.

In November 2023, when the "Three Determinations" plan of the State Administration of Financial Supervision was announced, Wang Chaodi, the chief prosecutor born in August 1963, had reached the retirement line, so the chief prosecutor was temporarily vacant, and there was no new candidate for the chief lawyer. Only Ma Xueping and Liu Fushou are among the chiefs.

Liu Fushou and Ma Xueping were both born in December 1963, Liu Fushou officially stepped down in January 2024, and Ma Xueping recently completed the retirement procedures.

So far, the four chief positions of the State Administration of Financial Supervision have been vacant and waiting to be filled.

In financial institutions, it has long been customary to have a variety of chief positions. In the financial regulatory system, the first to set up a chief position was the China Securities Regulatory Commission.

As early as 1992, when the CSRC was established, a chief lawyer and a chief accountant were established, and "external brains" were introduced, with Wang Jianxi and Gao Xiqing becoming the first chief accountant and chief lawyer respectively. However, at that time, the two also served as the director of the international business department and the director of the distribution department respectively, and were not full-time chiefs.

In 1995, the China Securities Regulatory Commission set up the Office of the Chief Accountant, and in 1998, it was established during the "three determinations".Chief Lawyer, Chief Accountant, Chief AuditorThe Chief Inspector's Office is co-located with the Inspection Bureau, the Chief Lawyer's Office is co-located with the Legal Department, and the Chief Accountant's Office is co-located with the Accounting Department.

By the time of the "three determinations" in November 2023,Securities and Futures CommissionThe chief has undergone a new changeThe chief accountant was no longer appointed, the chief auditor was changed to the chief inspector, and a new chief risk officer was established。The Chief Inspector and the Director of the Inspectorate are currently held by one person.

InFormer China Insurance Regulatory Commissionera, withChief Accountant, served by Ma Xueping.

The four chief systems began with the former China Banking and Insurance Regulatory Commission. 2018 originalChina Banking and Insurance Regulatory CommissionAt the time of its establishment, according to its "three determinations" plan, the position of assistant to the chairman was abolished and newly establishedThe Four Chiefs, the same rank as the assistant to the chairmanAt the level of the main hall and bureau

In November 2018, after the release of the "Three Determinations" of the former China Banking and Insurance Regulatory Commission, the former director of the Prudential Regulation Bureau of the China Banking Regulatory CommissionXiao YuanqiChief Risk Officer and Chief of Staff. Former Director of the Department of Large State-owned Banks of the China Banking Regulatory CommissionYang LipingHe served as Chief Inspector and Director of the Supervision Department of Large State-owned Banks, and former Director of the Regulatory Department of the China Banking Regulatory CommissionLiu FushouHe served as the chief lawyer and the former chief accountant of the China Insurance Regulatory CommissionMa XuepingHe is still the chief accountant, and he is also the only chief from the former insurance regulatory commission.

It is understood that although they belong to the same department and bureau level as the heads of internal functional departments, the four chiefs have management dimensions and responsibilities that are beyond specific departments, and report directly to the vice chairman in charge. At the beginning of the setup, each president corresponded to three vice chairmen.

In August 2019, after Cong Cong, then director of the Laws and Regulations Department, was transferred to the director of the Fujian Bureau, the chief lawyer Liu Fushou briefly served as the director of the Laws and Regulations Department, and only two months later did he no longer serve as the director of the Laws and Regulations Department after Qi Xiang, then deputy director of the General Office, took over as the director of the Laws and Regulations Department.

In October 2019, Yang Liping concurrently held the post of director of the supervision department of large state-owned banks, and Wang Daqing, director of the inspection office of the party committee, took over.

In March 2020, Xiao Yuanqi ceased to be the director of the general office of the former China Banking and Insurance Regulatory Commission, and served as the chief risk officer full-time. Subsequently, Wang Chaodi, then director of the on-site inspection bureau, replaced Xiao Yuanqi as director of the general office.

So far, the four chiefs are all inFull-time

In March 2021, the structure of the four chief executives changed, with Chief Risk Officer Xiao Yuanqi promoted to the former Vice Chairman of the China Banking and Insurance Regulatory Commission, and Chief Inspector Yang Liping transferred to the position of Member of the Party Committee, Vice President and Chief Risk Officer of Chinese Life Group.

Half a year later (September 2021), there were new candidates for the two vacant chief positions: Liu Fushou, the former chief lawyer of the China Banking and Insurance Regulatory Commission, was reappointed as the chief risk officer and then the chief of staffBrother WangHe was appointed Chief Prosecutor and Chief of Staff.

As a result, the lead counsel has been left vacant again, and the vacancy has not yet been filled.

In July 2022, Xiang Dong, then director of the Bureau for Combating Illicit Financial Activities, took over as the chief of staff, who was concurrently served by Wang Chaodi, and the chief was once again reinstated to full-time status.

After the reform of the financial regulator in 2023, the China Banking and Insurance Regulatory Commission will be abolished, and the State Administration of Financial Supervision will be established on this basis, and the establishment of the four chief executives will also be inherited.

However, when the "three determinations" plan of the State Administration of Financial Supervision was announced, only Liu Fushou and Ma Xueping were reappointed by the four chiefs, and they were in a state of "four missing two".

After the release of the "Three Determinations", the State Administration of Financial Supervision began to adjust personnel one after another, and among the 27 internal functions, only the top leaders of 7 departments remained in the original departments (two of them were in charge of two departments).

In December 2023, Cao Yu, deputy director of the State Administration of Financial Regulation, will retire and be replaced by Fu Wanjun, president of the Agricultural Bank of China, as deputy director.

Entering 2024, a new round of adjustment of the State Administration of Financial Supervision has begun, and Liao Yuanyuan, director of the Department of Supervision of Large Banks, has been transferred to the director of the Department of Statistics and Risk Monitoring. Li Wenhong, director of the Beijing Financial Services Bureau, will return to the financial regulatory system and will take over as director of the Department of Supervision of Large Banks.

Li Wenhong served as the director of the innovative business supervision department during the former China Banking and Insurance Regulatory Commission, and was transferred to the Shenzhen bureau director in September 2019.

In October 2020, Li Wenhong left the original banking and insurance regulatory system and was transferred to the executive deputy director of the Office of the Beijing Municipal Leading Group for Promoting the Coordinated Development of Beijing-Tianjin-Hebei and the deputy director of Beijing, in charge of the daily work of the coordinated development of Beijing-Tianjin-Hebei.

In February 2022, Li Wenhong replaced Huo Xuewen, who was transferred to the chairman of the Bank of Beijing, as the director of the Beijing Financial Bureau. Now, after a lapse of more than three years, Li Wenhong has returned to the familiar Xinmao Building.

With the resignation of Liu Fushou and Ma Xueping, coupled with the vacant chief lawyer and chief prosecutor, the four chief executives are waiting for the vacant positions.

Judging from the resumes of the four chief executives in the past, they all have rich regulatory experience and have corresponding professional backgrounds or qualifications. Therefore, it is quite exciting to see who will be selected to become the new four chiefs.

If the new four chiefs come from the current directors of the department or the provincial bureaus, then there will be corresponding adjustments.

After the Spring Festival, Vientiane is renewed. A new round of personnel adjustments by the State Administration of Financial Supervision may soon be implemented one after another.

*:Internet.

Related Pages