Xinhuanet Beijing July 28th (Reporter Xie Dengke) The board of directors of China Construction Bank Co., Ltd. held an interim meeting on the afternoon of 27th, announcing the appointment of Zhang Jianguo as the president of China Construction Bank. The appointment is subject to the approval of the China Banking Regulatory Commission.

Hu Changmiao, spokesman of China Construction Bank Co., Ltd., said on the 27th that the Board of Directors of CCB intends to appoint Zhang Jianguo as the vice chairman and executive director of CCB. CCB will hold an extraordinary general meeting of shareholders at an appropriate time, and send a circular containing information about Zhang Jianguo to shareholders.

Zhang Jianguo, aged 51, has served as vice chairman and president of Bank of Communications since May 24. (End)

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Data Map: Zhang Jianguo

Zhang Jianguo, born in 1954. Postgraduate degree, master of economics; Senior economist. In July 1982, he graduated from the Finance Department of Tianjin University of Finance and Economics. In June 1997, he served as the vice president of China Industrial and Commercial Bank Tianjin Branch. In September 1998, he served as the general manager of the international business department of ICBC. In September 21, he served as the vice president of Bank of Communications, in charge of the International Department, Overseas Department, Electronic Banking Department, Foreign Affairs Department and Science and Technology Department. In May 24, he served as Vice Chairman, President and Deputy Secretary of the Party Committee of Bank of Communications.

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Zhang Jianguo's resignation as president is still a suspense

The news that Zhang Jianguo resigned as president of Bank of Communications was confirmed yesterday. Bank of Communications announced yesterday that Zhang Jianguo had formally submitted his resignation to the Board of Directors of Bank of Communications. In the sudden personnel changes among CITIC, China Construction Bank and Bank of Communications, there is little suspense for Zhang Jianguo to succeed Chang Zhenming as the president of China Construction Bank. The biggest suspense now is who will succeed Zhang Jianguo as the fifth largest bank in China.

Zhang Jianguo, the president of Bank of Communications, may succeed Chang Zhenming as the president of CCB.

When Zhang Jianguo appeared in Shanghai Jinmao Building last week to promote the launch of Liuxiang dual-currency credit card of Bank of Communications, most people present didn't realize that this was his last public activity as the president of Bank of Communications.

The reporter learned yesterday that after Chang Zhenming resigned as president of CCB, Zhang Jianguo, president of Bank of Communications (3328.HK), also submitted his resignation. According to informed sources, Zhang Jianguo intends to replace Chang Zhenming as the new president of CCB.

Bank of Communications, China Construction Bank and CITIC Group staged a series of personnel changes

Zhang Jianguo may be the president of CCB

Chang Zhenming, the president of CCB, will take charge of CITIC

Wang Jun, the chairman of CITIC Group, will retire

The board of directors of Bank of Communications, the fifth largest commercial bank in China, officially announced yesterday that Zhang Jianguo, the bank's vice chairman, executive director and president, has submitted a notice to the board of directors.

It is rumored in the industry that Zhang Jianguo, who resigned as the president of Bank of Communications, may succeed Chang Zhenming as the president of CCB. The day before yesterday, China Construction Bank just announced that Chang Zhenming resigned as the president of China Construction Bank and will be transferred back to CITIC Group.

According to market news, this round of leadership change in the banking financial system stems from the imminent retirement of Wang Jun, Chairman of CITIC Group.