At the beginning of the new year, the news of personnel appointment and removal of securities companies often appeared in the newspapers.
On January 10, Gf Securities Co.Ltd(000776) announced that Kong Weicheng, the company’s chief risk officer, resigned, and the 10th board of directors nominated Mr. Wu Shunhu as the company’s chief risk officer. In addition, the board of directors also nominated Mr. Cui zhouhang as the company’s human resources director and Ge Changwei as the Executive director.
The reporter of the daily economic news found that, combined with the previous announcement, after the resignation of former Chairman Sun Shuming at the age of, Gf Securities Co.Ltd(000776) in July 2021, he made a major change in key positions, which attracted the attention of the industry. In an announcement issued in July 2021, Gf Securities Co.Ltd(000776) announced that Lin Chuanhui would be the chairman, and announced the appointment of several positions including deputy general manager and compliance director.
the chief risk officer resigned in half a year
Kong Weicheng, the resigned chief risk officer, was announced to perform his duties in the announcement in July 2021. According to his resume, Kong Weicheng has worked in Gf Securities Co.Ltd(000776) since July 2000. He only became the chief risk officer in July 2021 and resigned after only half a year, which means “transition”. However, Kong Weicheng will continue to serve as a director of Gf Securities Co.Ltd(000776) asset management (Guangdong) Co., Ltd. after his resignation.
Wu Shunhu, who will take over as chief risk officer, entered the securities industry in 2011. According to his resume, he served successively as deputy director and director of the Training Department of China Securities Association and vice chairman of the education and Training Committee from May 2000 to February 2005, chief staff member of the risk disposal Office of the CSRC from March 2005 to June 2006, and researcher of the Shanghai Commissioner’s office of the CSRC from July 2006 to December 2010. From January 2011 to July 2017, he successively served as Deputy Secretary of the Party committee and general manager of Asset Management Department of Zhongshan Securities Co., Ltd., general manager and legal representative of Zhongxin Huijin equity investment fund management (Shenzhen) Co., Ltd. from August 2017 to December 2017, and deputy general manager of Gf Securities Co.Ltd(000776) asset management (Guangdong) Co., Ltd. from January 2018 to August 2018, He has been the chief risk officer and compliance officer of Gf Securities Co.Ltd(000776) asset management (Guangdong) Co., Ltd. since June 2018 and the general manager of Gf Securities Co.Ltd(000776) compliance and legal affairs department since August 2018.
Cui zhouhang, the new director of human resources, is a “post-80s generation”. According to his resume, he was born in March 1984 and joined Gf Securities Co.Ltd(000776) in 2012. His preliminary work is mainly related to risk management. He has been the general manager of Gf Securities Co.Ltd(000776) human resources management department since December 2021. This time he was promoted from middle-level to senior management, Gf Securities Co.Ltd(000776) especially pointed out that Cui zhouhang’s formal performance of the above positions still needs to pass the qualification test of senior managers of securities companies, and the company will perform the filing procedures with the regulatory authorities in accordance with relevant regulations.
Ge Changwei, who nominated the executive director, has rich political experience. He once served as Deputy Secretary of the general office of the State Council, Deputy Secretary General of Guangdong provincial Party committee, deputy secretary of Qingyuan Municipal Party committee and mayor of Guangdong Province. He joined the Department of GF only in June 2021 and served as party secretary of GF Fund Management Co., Ltd. from June 2021 to December 2021. The appointment of executive director at Gf Securities Co.Ltd(000776) is a “newcomer” for GF.
net profit increased slightly in the third quarter of 2021
According to the observation of the reporter of the daily economic news, in recent years, the comprehensive deepening reform of the capital market has been continuously promoted, which has also stimulated the upsurge of transformation of the securities industry. In particular, financial technology forced the brokerage business of securities companies to transform to wealth management, and the implementation of the registration system triggered the reform of investment banking lines of securities companies. In this context, there are frequent changes among senior executives and employees of securities companies, and the appointment and removal of senior executives often occur in the same company due to the adjustment of business structure and organizational structure.
According to the regular report, Gf Securities Co.Ltd(000776) This senior management change may also be related to the company’s transformation strategy.
In the 2021 semi annual report, Gf Securities Co.Ltd(000776) pointed out that focusing on the work task of “positive change, focusing on core competence construction and promoting the company’s high-quality development”, the company implemented the transformation of “customer-centered” business mode, strengthened the company’s platform construction, improved its comprehensive service capacity and optimized its business structure.
The reporter of the daily economic news found that in the third quarter of 2021, Gf Securities Co.Ltd(000776) net profit increased slightly, realizing a total operating revenue of 26.871 billion yuan, a year-on-year increase of 25.49%; The net profit attributable to the shareholders of the listed company was 8.641 billion yuan, a year-on-year increase of 6.15%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 7.879 billion yuan, a year-on-year increase of 4.63%.
2022 has just begun. What will personnel changes and strategic transformation bring to Gf Securities Co.Ltd(000776) in 2022? It is worthy of continuous follow-up and attention of investors.
(source: Daily Economic News)
