Welcome President of securities companies with a market value of 140 billion! What will insurance veterans bring?

Three months later, China Merchants Securities Co.Ltd(600999) finally ushered in a new president. On January 13, China Merchants Securities Co.Ltd(600999) announced that the board of directors agreed to appoint Mr. Wu Zongmin as the president of the company for a term of three years.

On October 7 last year, China Merchants Securities Co.Ltd(600999) former president Xiong Jiantao applied for resignation from all positions such as executive director, President and chief information officer “because he decided to focus on other personal affairs”, and chairman Huoda acted as president on his behalf. The candidate was finally determined after the position was vacant for three months.

30-year veteran in the insurance industry

Wu Zongmin was born in March 1965. He received a bachelor’s degree in engineering from Shanghai Jiaotong University in July 1986, a master’s degree in engineering from Shanghai Jiaotong University in January 1989 and a master’s degree in Business Administration from China Europe International Business School in September 2007. Wu Zongmin has the title of senior economist and is a member of the British Chartered Insurance Association (ACII).

Wu Zongmin is a financial veteran with 30 years of insurance experience. He has held many positions in China The Pacific Securities Co.Ltd(601099) insurance (Group) Co., Ltd. and its subsidiaries. In 2017, Wu Zongmin joined China Merchants Group and successively held several important positions.

frequent senior management changes in 2021

In the second half of last year, China Merchants Securities Co.Ltd(600999) executives changed frequently.

On October 7, China Merchants Securities Co.Ltd(600999) Xiong Jiantao, the former executive director, President and chief information officer, applied to resign from all his positions on the board of directors and management of the company because he “decided to focus on other personal affairs”. The post of president was replaced by Huo Da, chairman of the company.

On November 2, China Merchants Securities Co.Ltd(600999) vice president in charge of asset management business Deng Xiaoli resigned as vice president of the company due to age.

On December 23, Wu Guangyan, vice president of the company, resigned as vice president of the company for personal reasons.

After Wu Zongmin took office, China Merchants Securities Co.Ltd(600999) senior management team reached 7 people, including Chairman Huo Da, President Wu Zongmin, vice president Li zongjun, vice president and board secretary Wu Huifeng, vice president Zhao Bin, vice president Zhang Qing, chief risk officer and compliance director Hu Yu.

recruitment of vice president in charge of asset management

After Deng Xiaoli left office, China Merchants Securities Co.Ltd(600999) publicly recruited vice president in charge of asset management business.

Last November 25th, China Merchants Securities Co.Ltd(600999) WeChat official account announced that, in order to improve the overall competitiveness of the company and continuously promote the high quality development of asset management business, China Merchants Securities Co.Ltd(600999) is now recruiting 1 vice president of the company and managing assets management business in order to enhance the overall competitiveness of the company.

Job responsibilities mainly include: first, formulate the development strategy and business plan of the business in charge, organize the implementation, and complete various business tasks assigned by the company; Second, we should have an insight into the industry trend and development frontier, improve the system and mechanism of the company’s asset management business operation and management, cultivate a high-quality professional asset management talent team, and build the core competitiveness of the company’s asset management business; Third, actively integrate into the company’s wealth management strategy, actively cooperate and operate steadily to realize the high-quality development of the company’s asset management business; Fourth, perform other rights and responsibilities entrusted by the company.

China Merchants Securities Co.Ltd(600999) there is no new progress in the public recruitment of vice presidents.

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