Two Senior Execs from Big State-owned Banks Appointed Vice-governors of Northern Chinese Provinces

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Chinese authorities have announced the appointment of two senior executives from big state-owned banks to top leadership positions in provincial governments.

On 30 July the Shenyang Daily announced that the Liaoning province had approved the appointment of Zhang Lilin (张立林) to the position of vice-governor of the Liaoning province people’s government.

Born in 1971, Zhang previously served as the vice-head of the China Construction Bank (CCB), after first spending much of his career with the Agricultural Bank of China (ABC) in a range of roles including general manager of its credit card centre, vice-head of its Shanghai branch and general manager of its Hong Kong branch.

On the same day 21st Century Business Herald also reported that Wu Wei (吴伟), a senior executive with Bank of Communications (BOCOM), had been appointed to the position of vice-governor of Shanxi province.

49-year old Wu was appointed vice-head and chief financial officer (CFO) of BOCOM in September 2017 after first joining the bank over two decades in July 1998.

Wu’s first job was with the Wuhan branch of the Chinese central bank from July 1994 to October 1995. The veteran banker obtained a PhD in economics from the Chinese Academy of Fiscal Sciences (CAFS) in 1998.

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