ICBC Grabs Approval from China’s Banking Regulator to Appoint New Vice President


China’s biggest bank in terms of assets has secured approval from the country’s banking regulator to appoint a new vice-president.

ICBC announced on 3 June that it had obtained approval from the China Banking and Insurance Regulatory Commission (CBIRC) to appoint Zhang Weiwu (张伟武) as vice-president, and that Zhang’s appointment had become effective.

Zhang Weiwu was born in December 1975, and joined ICBC’s head office in July 1999. He holds a PhD in political economy from Northwest University in Xi’an, as well as an MBA from Japan’s Hitotsubashi University.

In January 2011 he was appointed the general manager of ICBC’s Amsterdam branch, and in February 2013 he became general manger of the Singapore branch.

In January 2017 Zhang was appointed head of international operations division of ICBC’s head office.