Another financial supervision cadre “sacked”! The former president of Kunming central sub branch of the central bank was examined and investigated

Yang Xiaoping, former president of Kunming central sub branch of the Central Bank of China, was examined and investigated.

Since 2022, anti-corruption has maintained a high-pressure situation. In the financial sector alone, 11 people were notified. Among them, 4 were expelled from the party, 2 were “double opened” and 5 were supervised and investigated.

Recently, the central bank and the safe held a video conference on comprehensively administering the party strictly and discipline inspection and supervision in 2022. Xu Jiaai, head of the discipline inspection and supervision team of the people’s Bank of China, made arrangements for doing a good job in the discipline inspection and supervision of the whole system, and pointed out that we should continue to sound the anti-corruption charge, and unswervingly promote the punishment of financial corruption and the prevention and control of financial risks. We should continue to rectify outstanding problems in the field of work style, and unswervingly promote the responsibility of cadres and workers in the central bank system with a good work style. We should supervise and rectify the problems fed back by the Central Committee during the inspection, and unswervingly promote the governance of the central bank to a higher level with the implementation results of high-quality rectification

the former president of Kunming central sub branch of the central bank was reviewed and investigated

On February 7, the website of the Central Commission for Discipline Inspection disclosed that according to the information of the discipline inspection and supervision group of the Central Commission for Discipline Inspection and the State Supervision Commission of the Central Commission for Discipline Inspection and the supervision commission of Yunnan Province in the people’s Bank of China, Yang Xiaoping, the former party secretary and President of Kunming central sub branch of the people’s Bank of China, was suspected of serious violation of discipline and law, and is currently undergoing disciplinary review and supervision investigation.

resume of Yang Xiaoping

Yang Xiaoping, male, Han nationality, born in April 1959 in Hefei, Anhui Province, is an on-the-job postgraduate. He started working in September 1983 and joined the Communist Party of China in November 1994.

From September 1983 to October 2004, he successively worked in Honghe Prefecture Branch, Yunnan branch, Yuxi regional branch and Kunming central sub branch of the people’s Bank of China;

From October 2004 to June 2010, he served as party secretary and President of Kunming central sub branch of the people’s Bank of China and director of Yunnan branch of the State Administration of foreign exchange (at the level of main office and bureau since February 2009);

From June 2010 to December 2013, he served as party secretary and President of Nanning central sub branch of the people’s Bank of China and director of Guangxi Autonomous Region Branch of the State Administration of foreign exchange;

From December 2013 to June 2018, he served as party secretary and President of Kunming central sub branch of the people’s Bank of China and director of Yunnan branch of the State Administration of foreign exchange;

From June 2018 to may 2019, he served as party secretary of Kunming central sub branch of the people’s Bank of China;

From May 2019 to now, he has served as a cadre at the head office and bureau level of Kunming central sub branch of the people’s Bank of China. (resume from the website of the Central Commission for Discipline Inspection)

since this year, 11 people have been notified

Since 2022, anti-corruption has maintained a high-pressure situation. In the financial sector alone, 11 people were notified. Among them, 4 were expelled from the party, 2 were “double opened” and 5 were supervised and investigated.

The reporter of the Securities Times found that at the level of central management cadres, Cai Esheng, former member of the Party committee and vice chairman of the CBRC, and he Xingxiang, former member of the Party committee and vice president of the China Development Bank, were expelled from the party for serious violations of discipline and law; Wang Bin, Secretary of the Party committee and chairman of the board of directors of the insurance (Group) company, was suspected of serious violation of discipline and law and was subject to disciplinary review, supervision and investigation by the Central Commission for Discipline Inspection and the State Supervision Commission.

At the level of cadres of Party and state organs, state-owned enterprises and financial units at the central level, Yang Xiaoping, former president of Kunming Central Branch of the people’s Bank of China, Li Li, President of Beijing Branch of the Export Import Bank of China, Mou Shangang, former party secretary and director of the organ service center of the central bank, China Everbright Bank Company Limited Co.Ltd(601818) Zhang Huayu, former deputy secretary and vice president of the Party committee, was suspected of serious violation of discipline and law and was subject to disciplinary review, supervision and investigation; Zhang Qin, former party secretary and President of CCB Inner Mongolia Branch, and Lin Fang, former party secretary and President of CDB Hubei Branch, were expelled from the party; Xu Weihua, former party secretary and President of CDB Hainan Branch, was “double opened”.

In addition, Hu Xiaogang, former member of the Party committee and vice president of Great Wall Asset Management, was “double opened”.

An article published on the website of the Central Commission for Discipline Inspection recently pointed out that we must adhere to the trend of thunder to fight corruption and punish evil, and fight a tough and protracted war of self revolution. We must be soberly aware that as long as the soil and conditions for corruption exist, corruption will not be eradicated and the fight against corruption will not stop. The battle between corruption and anti-corruption is still going on fiercely, and some new phased characteristics have emerged. There is still a long way to go to prevent all kinds of interest groups from forming a gang and “hunting” corrosion. There is still a long way to go to effectively deal with the invisible variation, renovation and upgrading of corruption means, completely eradicate the breeding soil of corruption, clear the sea and the river, and clean up systemic corruption There is still a long way to go to resolve potential risks. The fight against corruption is always on the road. We should always play the trumpet of charge

promote the punishment of financial corruption and the prevention and control of financial risks

Recently, the central bank and the safe held a video conference on comprehensively administering the party strictly and discipline inspection and supervision in 2022. Xu Jiaai, head of the discipline inspection and supervision team of the people’s Bank of China, made arrangements for doing a good job in the discipline inspection and supervision of the whole system.

Guo Shuqing, Secretary of the Party committee of the central bank, stressed the need to complete the central inspection and rectification with high quality and do a good job in the “second half article” of the inspection. We should strengthen the education, management and supervision of cadres and pay more attention to the organic combination of strengthening Party building and cultivating professionalism. We should thoroughly rectify the stubborn style of work in the field of financial services and prevent the rebound of the “four ethos”. We should punish corruption with a zero tolerance attitude and build a strong defense line to promote the punishment of financial corruption and the prevention and control of financial risks.

Xu Jiaai comprehensively analyzed the new situation faced by the people’s Bank of China and the safe in comprehensively and strictly administering the party. He pointed out that the people’s Bank of China and the State Administration of foreign exchange have made continuous achievements in comprehensively and strictly administering the party, but the foundation for the improvement of the situation of comprehensively and strictly administering the party is not stable, and the unbalanced and insufficient situation has not been completely changed. In 2022, the discipline inspection and supervision institutions at all levels of the people’s Bank of China and the State Administration of foreign exchange should make unremitting efforts to promote the comprehensive and strict governance of the party, continue to develop in depth, and give better play to the role of supervision, ensuring implementation and promoting sound development.

First, focus on the “two safeguards”, strengthen political supervision, and unswervingly take a new road to catch up with the examination in the right direction specified by the Party Central Committee. Second, continue to sound the anti-corruption charge, and unswervingly promote the punishment of financial corruption and the prevention and control of financial risks. Third, we will continue to rectify outstanding problems in the field of work style and unswervingly promote the responsibility of cadres and workers in the central bank system with a good work style. Fourth, supervise and rectify the problems fed back by the Central Committee during the inspection, and unswervingly promote the governance of the central bank to a higher level with the implementation results of high-quality rectification. Fifth, we should integrate, coordinate and link all kinds of supervision, and unswervingly improve the central bank’s systematic supervision system dominated by inner-party supervision. Sixth, adhere to higher standards and stricter discipline, and build a high-quality and professional team of discipline inspection and supervision cadres.

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