Another executive position at a state-owned bank has become "vacant"

The personnel changes of senior executives in major banks always concern people's hearts.

On the evening of February 25, the Industrial and Commercial Bank of China announced that Senior Business Director Song Jianhua had submitted his resignation due to age reasons, resigning from his position as Senior Business Director of the bank.

Information shows that Song Jianhua was born in 1965, holds a Ph.D. in Management Science and Engineering from Nanjing University, and is a senior economist. He has served as Senior Business Director of ICBC since April 2020.

Long-term Leadership in Personal Financial Business

Song Jianhua's work experience has long been in local and personal financial business.

He was appointed Vice President of the Jiangsu Branch in August 2006. In September 2016, he became the main person in charge of the Personal Financial Business Department at the head office, and in July 2017, he was appointed General Manager of the Personal Financial Business Department at the head office.

As the head of the personal finance department of the universe bank, Song Jianhua once had to serve one of the largest groups of high-quality individual clients in mainland China.

Promoted to Business Director 5 Years Ago

Song Jianhua was promoted to Senior Business Director in 2020.

On the evening of February 18, 2020, the Industrial and Commercial Bank of China announced that in order to further strengthen the bank's management capabilities and promote sustainable and stable business development, the board of directors decided to establish the position of Senior Business Director among the bank's senior management. The Senior Business Director participates in the division of labor among senior management personnel, is responsible for managing and making decisions on business lines, and reports to the president.

According to the announcement, the first two people appointed as Senior Business Directors at that time were Xiong Yan, then General Manager of the Institutional Financial Business Department, and Song Jianhua, then General Manager of the Personal Financial Business Department.

At that time, information indicated that after taking on the role of Senior Business Director, Song Jianhua's responsibilities were expanded compared to before, as he continued to serve as General Manager of the Personal Financial Business Department while also overseeing the Card Department (ICBC Peony Card Center).

No Disagreement with the Board of Directors

After Song Jianhua's departure, ICBC has another Senior Business Director, Tian Fenglin, who has served as Senior Business Director of ICBC since December 2023 and will be appointed as the bank's board secretary (concurrently) starting in August 2025.

ICBC stated in the announcement that during Song Jianhua's tenure as Senior Business Director, he was diligent and responsible, making significant contributions in areas such as personal finance, consumer rights protection, online finance, operational management, and leveraging subsidiary business functions. The board of directors of ICBC expresses its heartfelt gratitude to Song Jianhua for his contributions during his tenure!

According to Song Jianhua's confirmation, he has no disagreement with the ICBC board of directors, nor are there any matters related to his departure that need to be notified to ICBC shareholders and creditors, and he has completed the handover work as required.

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