Guotai Junan Securities Co.Ltd(601211) (hereinafter referred to as ” Guotai Junan Securities Co.Ltd(601211) “, 601211. Sh, 02611. HK) the division of labor among senior executives should be adjusted in a large area.
On January 10, the surging news reporter learned that recently, the division of Guotai Junan Securities Co.Ltd(601211) executives ushered in an adjustment, involving the investment banking division, the strategic customer department, the subsidiaries Shanghai Guotai Junan Securities Co.Ltd(601211) Securities Asset Management Co., Ltd. (hereinafter referred to as “Guojun asset management”) and Guotai Junan Securities Co.Ltd(601211) Zhengyu investment Co., Ltd. (hereinafter referred to as ” Guotai Junan Securities Co.Ltd(601211) Zhengyu investment”).
Among them, Guotai Junan Securities Co.Ltd(601211) investment banking business changed. Li Junjie, who was previously in charge of Guotai Junan Securities Co.Ltd(601211) Zhengyu investment and other lines, began to take charge of the investment banking business department after the division of labor was adjusted. Xie Lebin, who was originally in charge of the investment banking division, stepped down and began to take charge of asset management.
Li Junjie is in charge of investment banking and once served as the chairman of Shanghai Securities
Guotai Junan Securities Co.Ltd(601211) the business line of large investment banking has changed. Li Junjie, who was in charge of Guotai Junan Securities Co.Ltd(601211) Zhengyu investment and other lines before the division adjustment, began to be in charge of the investment banking division after the division adjustment.
According to public information, Li Junjie was the first director of the Board Office of Guotai Junan Securities Co.Ltd(601211) and once served as the Secretary of Wan Jianhua, the former chairman of Guotai Junan Securities Co.Ltd(601211) . The announcement shows that in 2010, Li Junjie joined Guotai Junan Securities Co.Ltd(601211) and worked in the Secretariat of the board of directors. From December 2010 to November 2015, he successively served as deputy director and director of the office of the board of directors.
It is worth mentioning that Li Junjie was the chairman of Shanghai Securities.
In July 2014, Guotai Junan Securities Co.Ltd(601211) acquired 51% of the equity of Shanghai Securities held by Shanghai International Group through transfer, realizing the holding of Shanghai Securities. According to the requirements of the CSRC, Guotai Junan Securities Co.Ltd(601211) must solve the horizontal competition between the two securities companies within five years.
Li Junjie has been the general manager of Shanghai Securities since November 25, 2015, the chairman and general manager of Shanghai Securities since December 14, 2018, and the chairman of Shanghai Securities from July 2020 to January 2021.
In August 2019, Shanghai Securities implemented capital increase and share expansion, and investors such as Bailian Group subscribed the new capital. Bailian Group became the controlling shareholder of Shanghai Securities. During Li Junjie’s term of office, the problem of horizontal competition between Guotai Junan Securities Co.Ltd(601211) and Shanghai Securities was solved.
Xie Lebin, former head of investment bank, is in charge of asset management
At the beginning of September 2020, Xie Lebin was officially employed as president of the investment banking division by Guotai Junan Securities Co.Ltd(601211) and has been serving so far. It is worth mentioning that Xie Lebin was in charge of Guotai Junan Securities Co.Ltd(601211) investment banking when the reform of the investment banking division continued to advance.
On April 29, 2020, Guotai Junan Securities Co.Ltd(601211) investment banking division was officially established, with four departments under it: Investment Banking Department, debt financing department, capital market department and investment banking quality control department.
Public information shows that Xie Lebin has worked in Guotai Junan Securities Co.Ltd(601211) for more than 20 years.
In 1999, Xie Lebin joined Guotai Junan Securities Co.Ltd(601211) and successively held several positions in the audit headquarters, the planning and finance department and the department general manager. Since 2016, Xie Lebin has served as chief financial officer of Guotai Junan Securities Co.Ltd(601211) and general manager of planning and finance department, chief operating officer of Guotai Junan Securities Co.Ltd(601211) since May 2018 and chief risk officer of Guotai Junan Securities Co.Ltd(601211) since October 2018. In early September 2020, Xie Lebin was employed as president of investment banking division.
Statistics show that during Xie Lebin’s tenure, Guotai Junan Securities Co.Ltd(601211) investment banking made steady progress in various businesses.
According to the data, in 2021, Guotai Junan Securities Co.Ltd(601211) investment banks realized securities underwriting amount of more than 940 billion yuan, and the number of underwriters reached 1935, ranking firmly in the forefront of the market.
there is a precedent for the collective adjustment of senior management division of labor
This Guotai Junan Securities Co.Ltd(601211) collective adjustment of senior executives’ division of labor involves multiple business lines such as investment banking and asset management.
Specifically, Xie Lebin began to take charge of Guotai Junan Securities Co.Ltd(601211) asset management, contacted Hua’an fund and concurrently served as party secretary of Guotai Junan Securities Co.Ltd(601211) asset management. Xie Lebin will no longer be in charge of Guotai Junan Securities Co.Ltd(601211) investment banking division and strategic customer department, and will no longer concurrently serve as party secretary of investment banking division.
Li Junjie began to take charge of Guotai Junan Securities Co.Ltd(601211) investment banking division, strategic customer department and concurrently served as party secretary of investment banking division. Li Junjie is no longer in charge of Guotai Junan Securities Co.Ltd(601211) Zhengyu investment.
Wang Song began to take charge of Guotai Junan Securities Co.Ltd(601211) Zhengyu investment. Jiang Wei is no longer in charge of Guotai Junan Securities Co.Ltd(601211) asset management, no longer concurrently holds the post of Party Secretary of Guotai Junan Securities Co.Ltd(601211) asset management, and no longer contacts Hua’an fund.
It is worth mentioning that there are precedents for the simultaneous adjustment of the division of labor of more than Guotai Junan Securities Co.Ltd(601211) executives.
In April 2020, Guotai Junan Securities Co.Ltd(601211) officially adjusted the division of labor of some senior executives.
At that time, Wang song, the then president, was no longer in charge of credit business; Chen Yutao, then vice president, was in charge of credit business and no longer in charge of retail and wealth management business; Gong Dexiong, then vice president, was responsible for the company’s retail and wealth management business and was no longer in charge of asset management business; Jiang Wei, who was then in charge of research and institutional business, stepped down and took charge of asset management business.
(source: surging News)
