PSBC officially "changes leadership"

Just a few days apart, PSBC also officially announced a leadership change.

On the evening of December 26, PSBC announced that Liu Jianjun resigned from his positions as executive director and president of the bank due to reaching the statutory retirement age.

The board of directors agreed to appoint Lu Wei as the president of PSBC, pending approval of his qualifications by the National Financial Regulatory Administration. During this period, the board designated Yao Hong (executive director, vice president, chief risk officer) to perform the duties of the president.

In the future, from the date of Lu Wei's appointment, Yao Hong (executive director, vice president, chief risk officer) will no longer perform the duties of the president.

Liu Jianjun Injects "Retail Gene" into PSBC

On the evening of December 26, PSBC announced that the board of directors received Liu Jianjun's resignation letter. Liu Jianjun resigned from his positions as executive director, president, chairman and member of the board's Social Responsibility and Consumer Rights Protection Committee, member of the board's Strategic Planning Committee, and member of the board's Nomination and Compensation Committee due to reaching the statutory retirement age. Liu Jianjun's resignation will take effect from December 26, 2025.

Liu Jianjun has extensive banking experience, having long served at the "Retail King" China Merchants Bank. After joining PSBC, he contributed significantly to further strengthening the bank's retail business.

Liu Jianjun holds a master's degree in economics from Northeast Financial University and is a senior economist. He previously served as the vice president of the Weifang Branch of China Construction Bank Shandong Province, vice president of the Jinan Branch, president of the Dezhou Branch, vice president of the Jinan Branch of China Merchants Bank, general manager of the Retail Banking Department of China Merchants Bank Headquarters, general manager of the Retail Comprehensive Management Department, general manager of the business department and executive vice president of the Retail Financial Headquarters, and chairman of the Credit Card Center, as well as executive director, vice president, and secretary of the board of directors of China Merchants Bank.

In May 2021, Liu Jianjun was appointed as the deputy general manager and party member of China Post Group Co., Ltd. and deputy secretary of the party committee of PSBC. In August of the same year, his qualifications for the positions of executive director and president of PSBC were approved. From April 2022 to January 2025, Liu Jianjun also performed the duties of chairman of PSBC.

PSBC expressed its heartfelt gratitude to Liu Jianjun.

Lu Wei Takes Office

On December 26, 2025, the board of directors of PSBC held a meeting, during which the attending directors reviewed and voted on the proposal to nominate Lu Wei as a candidate for executive director of China Postal Savings Bank and the proposal to appoint Lu Wei as the president of China Postal Savings Bank.

Lu Wei's term as director is three years, calculated from the date of approval of his qualifications by the National Financial Regulatory Administration. The board agreed to appoint Lu Wei as the president of PSBC, pending approval of his qualifications by the National Financial Regulatory Administration. Lu Wei will assume the position of president of PSBC from the date of approval of his qualifications by the National Financial Regulatory Administration. From the date of Lu Wei's appointment, Yao Hong will no longer perform the duties of the president According to the information, Lu Wei was born in October 1971 and has just turned 54 years old. He holds CPA qualifications in China, Hong Kong, and Australia, and obtained a master's degree in professional accounting from Deakin University in Australia, possessing a rich financial professional background.

Lu Wei worked at Beijing Youth Industrial Group Co., Ltd. from July 1994 to January 1997. After that, he worked for a long time at China CITIC Bank.

Historically, from January 1997 to January 2017, he worked at the head office business department of China CITIC Bank (now Beijing Branch) and the head office, serving successively as a member of the party committee of the head office business department, assistant general manager, deputy general manager, deputy general manager of the planning and finance department (now the finance and accounting department), general manager, and general manager of the asset-liability department of the head office.

After January 2017, Lu Wei entered the management of the bank, serving successively as the secretary of the board of directors, secretary of the board of directors (business director level), business director, member of the party committee, and vice president of China CITIC Bank. During this period, he also served as the deputy leader of the Hong Kong branch preparation team, general manager of the asset-liability department of the head office, deputy leader and director of the Alkin Bank preparation team, and secretary of the party committee and president of the Shenzhen branch, until he was transferred to the position at CITIC Trust in October 2022.

After joining CITIC Trust, Lu Wei clearly entered the "career fast lane." His resume shows that from October 2022 to February 2025, he served successively as the secretary of the party committee, general manager, vice chairman, and chairman of CITIC Trust Co., Ltd.

From February 2025, Lu Wei served as the deputy secretary of the party committee of China CITIC Bank, and after Liu Cheng resigned from the positions of president and others, he was appointed as the president of the bank.

In April 2025, China CITIC Bank received approval from regulatory authorities, confirming Lu Wei's qualifications as president of China CITIC Bank. Lu Wei officially took office as president of the bank on April 21, 2025.

In December 2025, Lu Wei was appointed as the deputy general manager of China Post Group. Information from the official website of China Post shows that on December 23, the board of directors of China Post Group Co., Ltd. held a meeting and announced the decision of the Organization Department of the CPC Central Committee regarding the appointment and removal of Lu Wei and Liu Jianjun: Lu Wei was appointed as the deputy general manager and a member of the party group of China Post Group Co., Ltd., and Liu Jianjun was removed from the position of deputy general manager and member of the party group of China Post Group Co., Ltd. The relevant appointment and removal of positions are handled in accordance with relevant legal provisions.

Appointment of New Financial Market Director

On the same day, the board of directors of PSBC agreed to appoint Yang Xilin as the financial market director, with his qualifications effective from the date of approval by the National Financial Regulatory Administration.

Yang Xilin was born in 1971 and holds a bachelor's degree in economics from the Central Finance and Economics Institute (now Central University of Finance and Economics). He is a senior economist. Yang Xilin has served as the deputy director of the Shenzhen Postal Savings Bureau, assistant president and vice president of the Shenzhen branch of PSBC, and is currently the general manager of the financial interbank department of PSBC.

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