The chairman of this listed bank was detained for investigation? He has resigned for "personal reasons" and the president has just taken office

Shortly after the new president took office, the Bank of Jiangxi listed in Hong Kong suddenly announced a "change of command".

On February 22, Bank of Jiangxi announced that Chen Xiaoming, chairman of the bank, resigned for "personal reasons" and no longer held any position in the bank. The Chinese reporter of the securities firm exclusively verified that Chen Xiaoming had been detained for investigation. The reporter contacted relevant persons of Jiangxi bank. As of press time, no substantive reply has been obtained. It is also understood that at present, the Bank of Jiangxi operates stably and all work is carried out in an orderly manner.

Prior to this, Chen Xiaoming had worked in the bank and its predecessor Nanchang commercial bank and Nanchang bank for nearly 16 years, including 10 years as chairman. He is also the first chairman of Jiangxi bank since its establishment in 2015.

Public information shows that in addition to Bank of Jiangxi, since 2022, the "top leaders" of China Zheshang Bank Co.Ltd(601916) , Bank of Inner Mongolia, Mongolian Commercial Bank, Jiujiang bank, Bank Of Beijing Co.Ltd(601169) and other banks have changed.

chairman Chen Xiaoming is detained for investigation

According to the announcement, Chen Xiaoming submitted a written resignation to the board of directors of Bank of Jiangxi on February 21, resigned from the executive director, chairman, member and chairman of the strategy committee of the board of directors of the bank for personal reasons, and no longer held any position in the bank.

The Chinese reporter of the securities firm exclusively verified that Chen Xiaoming had been detained for investigation. This is also the first "helmsman" of a listed bank to be detained for investigation in 2022.

It is understood that Chen Xiaoming, 55, joined China Construction Bank Corporation(601939) after graduation. He once served as vice president of Nanchang Branch of China Construction Bank, deputy general manager of business department of Jiangxi branch and President of Jiujiang Branch.

At the beginning of 2006, Chen Xiaoming, who has worked in CCB for nearly 18 years, joined Nanchang commercial bank and served as Deputy Secretary of the Party committee, President and vice chairman of the bank. In 2008, the bank was renamed Nanchang bank. Chen Xiaoming continued to serve as president and was promoted to Secretary of the Party committee and chairman of the board in early 2012.

At the end of 2015, Jiangxi bank, which was formed by the merger of Jingdezhen commercial bank and Nanchang bank, was officially listed. Chen Xiaoming is the first party secretary and chairman of the bank, and has been for six years.

During the six years at the helm, the total assets of the Bank of Jiangxi increased by 152% compared with the beginning of its establishment, and the balance of various deposits and loans increased by 146% and 231% respectively over the same period. Over the past six years, it has achieved a cumulative net profit of 12.71 billion yuan, a cumulative tax collection of nearly 12 billion yuan, and the amount of tax has remained in the forefront of enterprises in the province for years.

Among them, in June 2018, Chen Xiaoming led the Bank of Jiangxi to be successfully listed in Hong Kong, becoming the first listed financial enterprise in Jiangxi Province and the first overseas listed enterprise since the implementation of the "YINGSHANHONG" action in Jiangxi Province.

In his new year's speech in 2022, Chen Xiaoming said that last year, the bank focused on "resolving disposal risks" and "optimizing risk control mechanism", fully completed the task of regulatory disposal and ensured the stable and good quality of assets. At the same time, through the reform of personnel incentive system and science and technology system and mechanism, the bank has continuously improved the efficiency of human resource allocation, and financial technology has achieved remarkable results in promoting business development.

For Chen Xiaoming's successor, the announcement of Jiangxi bank was not disclosed.

the new president Luo Xiaolin took office soon

It is worth noting that before the resignation of chairman Chen Xiaoming, the Bank of Jiangxi had just ushered in the third president.

On January 10, the board of directors of the bank adopted a resolution to appoint Luo Xiaolin as president. At the end of January, his qualification was approved by Jiangxi banking and Insurance Regulatory Bureau.

According to the announcement, Luo Xiaolin is 50 years old. In his early years, he successively worked in Agricultural Bank Of China Limited(601288) and the National Development Bank. In May 2017, he became the deputy director of Jiangxi provincial finance office and later the deputy director of Jiangxi Provincial Local Financial Supervision Bureau.

Earlier, Bank of Jiangxi announced in mid October that after consideration and evaluation by the board of directors, the management style and concept of president Luo Yan were not completely consistent with the bank's business development and actual needs. It was decided to remove his executive director, vice chairman and other positions, and dismiss him as president.

According to the announcement at that time, Luo Yan objected to the removal of the above position by the board of directors of the bank, while the legal adviser of the bank believed that the above dismissal procedures were in line with relevant laws and regulations and the articles of association of the bank. For the specific reasons for the dismissal, the Bank of Jiangxi replied to the Chinese reporter of the brokerage at that time that "there is no more information that can be disclosed, and everything is subject to the announcement".

It is understood that Luo Yan was born in 1969 and has more than 31 years of banking experience. He has previously worked in Bank of communications, China Merchants Bank, China Citic Bank Corporation Limited(601998) and Guangdong Nanyue bank. In January 2018, Wu Hongtao, the former president of Jiangxi bank, submitted his resignation to the board of directors for "personal reasons". Subsequently, Luo Yan, who was less than 50 at that time, was appointed as the second president of the bank since its establishment in 2015 until he was suddenly dismissed.

according to the Chinese reporter of the securities firm, after Chen Xiaoming was detained for investigation, Luo Xiaolin temporarily presided over the work of the whole bank.

at the beginning of the year, many banks have been "changed"

In addition to Bank of Jiangxi, many banks have been "changed" since 2022. Of which:

According to the news on February 21, Huo Xuewen, director of Beijing Local Financial Supervision Bureau, will be the party secretary and chairman of Bank Of Beijing Co.Ltd(601169) to succeed Zhang Dongning, who is over 62 years old. Li Wenhong took over the post of director of the Beijing Finance Bureau. She once served as director of the Shenzhen banking and Insurance Regulatory Bureau.

Jiujiang bank, which is also located in Jiangxi Province, announced a "change of command" on February 11. Liu Xianting, chairman of the bank who has been at the helm for 17 years, retired at the age of 45. Xiao Jing, vice president and chief information officer of Jiujiang bank, took over the post of president and became the president of a rare technology line in the sequence of listed banks.

Although the announcement did not announce the candidate for the new chairman of Jiujiang bank, according to the Chinese reporter of the brokerage, the 47 year old president pan Ming will take over the post of chairman. The bank also disclosed in the announcement that the board of directors decided to dismiss pan Ming as president, and he will continue to serve as vice chairman and executive director.

According to the "Party Construction of Mongolian Commercial Bank" in mid January, Yu Xuezhong, party secretary and chairman of the Bank of Inner Mongolia, has served as party secretary of Mongolian Commercial Bank and plans to be chairman of the bank. Previously, Yang Xianfeng, the former president of Xinjiang branch of China Construction Bank, held the post of chairman of Mongolian Commercial Bank.

It is worth noting that the Organization Department of the Party committee of Inner Mongolia Autonomous Region announced before taking office in October 2021 that Qiao Junfeng, the current Deputy Secretary of the Party committee, vice chairman and President of Mongolian Commercial Bank, intends to be the Secretary and chairman of the enterprise Party Committee directly managing the leading group of the Party committee of the autonomous region.

On January 11, China Zheshang Bank Co.Ltd(601916) party secretary and chairman Shen Renkang stepped down, and Lu Jianqiang, party secretary and chairman of another financial institution Caitong Securities Co.Ltd(601108) in Zhejiang Province, took over.

In addition, after Zhang Jianhui, the former chairman of Longjiang bank and Ding Shilu, the former chairman of Chongqing Three Gorges bank, successively "sacked" in the fourth quarter of last year, the two urban commercial banks are still in the absence of the chairman

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