Zhou Jianpeng, President of Bank of Ningxia, resigned due to job adjustments, and a new direction has also been determined

Blue Whale News, February 14 (Reporter Jin Lei)Recently, Bank of Ningxia issued an announcement on the resignation of its president and directors. According to the decision of the Party Committee and Government of Ningxia Hui Autonomous Region, Zhou Jianpeng submitted a written report to the Board of Directors of Ningxia Bank on his resignation as President, director and member of the Strategy Committee, Risk Compliance and Related Party Transactions Control Committee, and Information Technology Committee due to work adjustments.

It is understood that Zhou Jianpeng has worked in the financial system for a long time. He has served as director of the office and assistant to the president of Ningxia Bank, deputy president of Yinchuan Branch of Industrial Bank, and member of the Party Committee and deputy president of Ningxia Bank. In 2022, he will be appointed as deputy secretary of the Party Committee and president of Ningxia Bank, and will be adjusted in the near future.

At present, Zhou Jianpeng’s whereabouts have also been determined. According to Yinchuan Daily, on February 5, the Yinchuan Municipal Party Committee Theoretical Study Center Group held the second collective study (expansion) meeting in 2025. Zhou Jianpeng participated as deputy secretary of the municipal party committee.

In fact, starting from 2024, many senior executives of Ningxia Bank have changed. Among them, Sha Jianping applied to resign as chairman, executive director, and chairman of the Strategy Committee of the Board of Directors of Ningxia Bank due to the expiration of his serving age. Subsequently, the position of chairman was replaced by Wu Qiong, who worked in the General Office of the Government of Ningxia Hui Autonomous Region and the Financial Office of the Autonomous Region. At the end of 2021, he was transferred to the post of Party Secretary of Ningxia State-owned Assets Supervision and Administration Commission.

In addition, Wan Yaming also no longer serves as the bank’s deputy president due to the expiration of his serving age.

Before Zhou Jianpeng’s resignation, Ningxia Bank’s senior management structure consisted of one principal and three deputies, namely President Zhou Jianpeng, and three deputy presidents Ni Guoliang, Tian Jinhua and Han Rui. It is worth noting that Han Rui’s qualification as deputy president of Ningxia Bank was just approved at the beginning of this year. He is the former deputy general manager of Ningxia SDIC Group.

Bank of Ningxia (formerly Yinchuan Commercial Bank) was established on October 28, 1998. It is a joint-stock commercial bank jointly established by the finance of Ningxia Hui Autonomous Region and Yinchuan, enterprises and individuals. It was officially renamed Bank of Ningxia on December 28, 2007.

The latest financial report shows that in the first half of 2024, Bank of Ningxia experienced a situation of increasing profits but not increasing income. During the reporting period, the bank achieved operating income of 1.521 billion yuan, a year-on-year decrease of 6.75%; and achieved net profit of 412 million yuan, a year-on-year increase of 0.31%. In terms of asset quality, Bank of Ningxia’s non-performing loan ratio at the end of the reporting period was 2.41%, much higher than the industry average for the same period.