Bank Of Chongqing, with a market value of 800 billion RMB, replaced three senior executives in one day

In 2024, Chongqing Bank, with a total scale of 800 billion, replaced a group of executives in one go.

On October 18, Chongqing Bank announced the job changes of three senior management personnel simultaneously.

Among them, Vice Presidents Liu Jianhua and Yang Shiyin resigned from their positions. At the same time, the Board of Directors of Chongqing Bank approved the appointment of Wang Weilie as Vice President of Chongqing Bank.

Due to "Job Changes"

The Board of Directors of Chongqing Bank recently announced that they have received resignation letters from Liu Jianhua and Yang Shiyin due to job changes.

Liu Jianhua submitted his resignation as a director, vice president, and member of the Board's Related Party Transaction Control Committee to the Board of Directors of Chongqing Bank due to job changes.

Yang Shiyin submitted his resignation as Vice President to the Board of Directors of Chongqing Bank due to job changes.

Still Working at Chongqing Bank

It is common for executives to resign, but it is rare for them to continue working at the same bank after resigning due to job changes.

The related announcement shows that Liu Jianhua and Yang Shiyin's resignations will take effect on October 16, 2024, and they will continue to work at Chongqing Bank after resigning.

In addition, as of the announcement date, Liu Jianhua holds 200,075 A-shares of Chongqing Bank, and Yang Shiyin holds 165,247 A-shares of Chongqing Bank. They will continue to comply with relevant laws and regulations regarding share management after resigning.

Announcement Confirms No Dissent

The announcement also stated that Liu Jianhua has confirmed that he has no dissent with the Board of Directors, Supervisory Board, and senior management of Chongqing Bank, and there are no matters related to the resignation that need to be notified to the exchange, the bank's shareholders, or creditors.

The announcement also mentioned that during his tenure at Chongqing Bank, Liu Jianhua diligently fulfilled his duties and continuously improved work efficiency in areas such as retail inclusiveness, credit card business, institutional development, operational management, technology digitization, administrative office, and subsidiary management, fully promoting high-quality development.

Yang Shiyin diligently fulfilled his duties during his tenure at Chongqing Bank and continuously improved work efficiency in areas such as financial management, credit review, security and defense, party building and group work, corporate culture, fully promoting high-quality development.

The Board of Directors of Chongqing Bank highly praised and sincerely thanked Liu Jianhua and Yang Shiyin for their contributions to Chongqing Bank during their tenure.

Appointment of New Vice President

On the same day, Chongqing Bank announced that on October 15, it issued a notice for the 97th meeting of the Sixth Board of Directors, which was held on October 17 in the 27th floor conference room of the bank's headquarters through an on-site (video) meeting. The meeting approved the proposal to appoint Wang Weilie as Vice President of Chongqing Bank.

The Board of Directors of Chongqing Bank approved the appointment of Wang Weilie as Vice President of Chongqing Bank, and his qualifications for the position need to be approved by the Chongqing Regulatory Bureau of the China Banking and Insurance Regulatory Commission.

According to his resume, Wang Weilie was born in September 1979. He studied statistics at Xiamen University from September 1998 to July 2002 and obtained a bachelor's degree in economics. He currently serves as a member of the Chongqing Bank Party Committee and General Manager of the Internal Control and Compliance Department Wang Weilie served as a clerk at the Chongqing Customs Comprehensive Statistics Department from July 2002 to November 2006; as a customer manager at the North New District Branch of Chongqing Commercial Bank from December 2006 to May 2008, and as the Deputy Manager of the Personal Business Department; as the Assistant to the President of Bishan Branch of Chongqing Bank from May 2008 to March 2011; as the Deputy President of Bishan Branch of Chongqing Bank from March 2011 to July 2013; as the Deputy President (in charge of work) of Bishan Branch of Chongqing Bank from July 2013 to April 2016; as the President of Bishan Branch of Chongqing Bank from April 2016 to June 2016; as the President of Wenhua Palace Branch of Chongqing Bank from June 2016 to September 2019; as the General Manager of the Administrative Department and President of Wenhua Palace Branch of Chongqing Bank from September 2019 to March 2020; as the General Manager of the Administrative Department of Chongqing Bank from March 2020 to February 2023; and as the General Manager of the Internal Control and Compliance Department of Chongqing Bank since February 2023