On March 16, Bank Of Beijing Co.Ltd(601169) convened the board of directors and elected Huo Xuewen as chairman. At the same time, it is agreed that Zhang Dongning will resign as chairman, director and chairman of the strategy committee of the board of directors.
It is understood that Huo Xuewen is very familiar with economic and financial work and has rich management experience and profound academic attainments. According to his resume, he received a bachelor’s degree, a master’s degree and a doctor’s degree in economics from Nankai University in 1986, 1989 and 1996 respectively; In 2006, he received a doctorate in law from Renmin University of China; It has the titles of researcher, senior political engineer and associate professor. From June 2021 to now, he has served as the leader of the preparatory group of National Endowment Insurance Co., Ltd; From November 2018 to February 2022, he served as secretary of the Party group and director of Beijing Municipal Bureau of local financial supervision and Administration (Beijing Municipal Bureau of financial work); From February 2009 to November 2018, he served as party secretary, deputy director and director of Beijing Municipal Bureau of financial work.
In addition, from July 2010 to October 2010, he participated in the temporary training of Bank of Montreal, Canada; From July 2007 to February 2009, he served as a member and deputy director of the Party group of Beijing Municipal Development and Reform Commission and director (concurrently) of the Municipal Finance Office; From January 2005 to July 2007, he served as a member and deputy director of the Party committee of Beijing SASAC; From November 2001 to January 2005, he served as Deputy Secretary of the financial working committee of the CPC Beijing Municipal Committee; From December 1998 to November 2001, he served as deputy director and director of International Research Department of Policy Research Office of CSRC and director of International Cooperation Department of International Cooperation Department; From May 1997 to December 1998, he served as an officer and assistant researcher of the office of the Securities Commission of the State Council; From June 1989 to May 1997, he served as a teacher and associate professor in the Department of finance, School of economics, Nankai University.
During his work in Beijing local financial supervision and Administration Bureau, Huo Xuewen made a lot of achievements in improving the local financial supervision and management system, supporting the construction of Beijing national financial management center and promoting the high-quality development of Beijing’s financial industry. Under his promotion, Beijing has made a large number of open and innovative achievements in the construction of “two districts” in the financial field in recent years, such as the successful establishment of the Beijing stock exchange, the first wholly foreign-owned insurance asset management company, the first wholly foreign-owned money brokerage company and other institutions; Pilot platforms for share transfer of equity investment and venture capital, international big data exchange, Beijing Green Exchange and other financial market platforms have been established one after another.
It is reported that Zhang Dongning, born in 1960, has more than 30 years of financial experience. Since joining Bank Of Beijing Co.Ltd(601169) at the end of 1995, he has worked in Bank Of Beijing Co.Ltd(601169) for 26 years. In the five years since he became chairman in 2017, Zhang Dongning has comprehensively promoted strategic transformation, structural adjustment, management reform, risk management, cultural reconstruction and other work, and promoted Bank Of Beijing Co.Ltd(601169) to create good performance, It has achieved steady development.
From the perspective of scale and benefit growth, by the end of September 2021, Bank Of Beijing Co.Ltd(601169) total assets had reached 3.06 trillion yuan, becoming the first urban commercial bank with assets exceeding 3 trillion yuan, an increase of more than 700 billion yuan over the end of 2017. In the past five years, Bank Of Beijing Co.Ltd(601169) annual revenue increased from more than 50 billion yuan to more than 60 billion yuan, annual profit increased from more than 10 billion yuan to more than 20 billion yuan, and annual tax increased from several billion yuan to more than 10 billion yuan.
From the perspective of business transformation, Bank Of Beijing Co.Ltd(601169) retail transformation has achieved remarkable results in the past five years, with AUM increasing from 603.9 billion yuan at the end of 2017 to 847.2 billion yuan at the end of September 2021; The number of retail customers increased from 18.72 million to more than 25 million; The proportion of retail profit contribution has increased significantly in the past five years.
