Official announcement! "Post-70s" Hao Cheng appointed as the President of CEB Bank

On the evening of July 8th, CEB Bank announced that the Board of Directors has agreed to appoint Hao Cheng as the President of CEB Bank. With this appointment, CEB Bank will welcome a new President from the post-70s generation.

The announcement stated that the 20th meeting of the 9th Board of Directors of CEB Bank was held on July 8, 2024. The resolution to appoint Hao Cheng as the President of China Everbright Bank Co., Ltd. was unanimously passed at the meeting.

The announcement also mentioned that Hao Cheng's position as President of CEB Bank will take effect from the date when his qualifications are approved by the China Banking and Insurance Regulatory Commission.

Seasoned Financial Professional

Hao Cheng is one of the few post-70s generation Presidents of large domestic joint-stock banks. Records show that he was born in 1971, making him 53 years old and in the prime of his career.

Hao Cheng has extensive experience in the banking industry, having served in various roles such as member of the Party Committee and Vice President of the Tianjin Branch of China Development Bank, Deputy Director of the Personnel Department and Deputy Minister of the Party Committee Organization Department of China Development Bank, Party Secretary and President of the Jilin Branch of China Development Bank, and member of the Party Committee and Vice President of Bank of Communications. He holds a Doctorate in Management and is a Senior Engineer.

Long-term Oversight of Corporate and International Business

During his tenure as Vice President of Bank of Communications, Hao Cheng was responsible for overseeing corporate and international business. He has expressed insightful views on topics such as financial support for technological innovation and rural revitalization.

In one of his writings, he emphasized the significant role of using technological innovation to drive industrial innovation, stating that it is the responsibility and mission of the financial sector to support and promote technological innovation.

He also highlighted that while China's financial industry has made significant efforts to support technological innovation and achieved remarkable results, there are still challenges such as mismatches between traditional credit models and the financing needs of technology-based enterprises, as well as issues with financing structures and service systems. Additionally, he pointed out challenges in risk management due to the overlap of technology-based enterprises with capital, leading to information asymmetry and difficulties in risk assessment and post-loan management.

Previously Served as a Member of the Party Committee of CEB Group

Prior to his appointment as President of CEB Bank, Hao Cheng had already served as a member of the Party Committee of CEB Group.

In June, the official website of CEB Group announced that Hao Cheng had been appointed as a member of the Party Committee of CEB Group.

The Board of Directors of CEB Bank on July 8th also approved the appointment of Liu Yan as Vice President of CEB Bank. Liu Yan's position as Vice President will take effect from the date when her qualifications are approved by the China Banking and Insurance Regulatory Commission.

Public information shows that Liu Yan has extensive work experience at CEB Bank. She joined CEB Bank in 1999 and has held positions such as Deputy Director of the Eastern Audit Center (Assistant General Manager level), member of the Party Committee and Vice President of the Shanghai Branch, and Deputy General Manager of the Asset and Liability Management Department of the Head Office. She holds a Master's degree in Management and is a Certified Public Accountant.

Since April 2024, she has been serving as the Chief Financial Officer of CEB Bank, and since June 2024, she has been a member of the Party Committee of CEB Bank. She currently also holds the positions of General Manager of the Asset and Liability Management Department and General Manager of the Financial Markets Department at CEB Bank In addition, the 20th meeting of the ninth board of directors also approved the proposal to appoint Hao as a candidate for executive director of CEB Bank's ninth board of directors, and the proposal to appoint Zhang Mingwen as a candidate for non-executive director of CEB Bank's ninth board of directors. The proposal to approve the chairman and members of some special committees of the ninth board of directors of China Everbright Bank Co., Ltd. was also approved