On March 5, the State Administration of Financial Supervision and Administration issued an announcement to approve the qualifications of Gu Lingyun as chairman of CNCBI Wealth Management.
Previously, on February 29, CNCBI Wealth Management issued an announcement saying that the company's legal person had been changed from Guo Danghuai to Gu Lingyun.
CNCBI Wealth Management Co., Ltd. (hereinafter referred to as "CNCBI Wealth Management") was established in July 2020 and is wholly owned by China CITIC Bank with a registered capital of RMB 5 billion. It is mainly engaged in the issuance of public wealth management products, the issuance of private wealth management products, financial advisory and consulting and other asset management related businesses.
According to public information, Gu Lingyun previously served as Secretary of the Party Committee and President of CNCBI Wealth Management. Gu Lingyun also worked at China CITIC Bank, where he served as president of the bank's asset management business center.
Guo Danghuai was also born in CITIC Bank and can be called a "veteran" of the CITIC system.
Born in 1964, Guo Danghuai joined CITIC in 1986 and has been working in CITIC for 34 years. He has successively served as salesman, deputy section chief, section chief, section chief, deputy general manager and general manager of the sales department of Jingcheng Building, assistant to the president and vice president of Beijing Branch, deputy general manager of the sales department of the head office, and vice president of the head office.
On June 23, 2020, when CNCBI Wealth Management opened, Guo Danghuai, as the vice president of China CITIC Bank, assumed the position of chairman of the company and became the first chairman of CNCBI Wealth Management.
At that time, Guo Danghuai also served as a director of CITIC International Financial Holdings, a director of CNCBI (Hong Kong) Investment, a director of CNCBI (Hong Kong) Capital, and a director of CITIC Baixin Bank.
In October 2023, according to the announcement of China CITIC Bank, Guo Danghuai submitted his resignation to the board of directors due to retirement, resigning as an executive director, a member of the risk management committee of the board of directors and a vice president.
As of the end of the first half of 2023, CNCBI Wealth Management has total assets of 1109.1 billion yuan, net assets of 1039.5 billion yuan, with a capital preservation and appreciation rate of 110%; During the reporting period, CNCBI Wealth Management achieved operating income of 148.5 billion yuan, achieving a net profit of 94 billion yuan, return on equity (ROE) of 1910%, and the debt-to-asset ratio is 627%。