The State Administration of Financial Supervision approved Zou Libin as vice chairman of Hua Xia Bank. At the same time, the qualifications of Yang Hong as chief compliance officer and Liu Xiaoli as chief risk officer have also been approved.
Hua Xia Bank has been approved for multiple qualifications, and Yang Hong has become the first chief compliance officer
Blue Whale News, February 11 (Reporter Jin Lei and Xiao Yang Intern)On February 10, Hua Xia Bank issued an announcement stating that it had recently received a reply from the State Financial Supervision and Administration, approving Zou Libin’s qualifications as vice chairman of Hua Xia Bank. The term of office will take effect from the approval date of February 8, 2025, until the bank’s ninth board of directors expires.
Zou Libin was born in September 1967. In his early days, he worked in the Malaysian Office and Overseas Headquarters of Shougang International Trade Department, and later returned to Shougang Corporation. He successively served in the Capital Operation Department, Investment Management Department, Planning and Finance Department, Operation and Finance Department and served successively as deputy minister, minister and other positions.
As early as October 29 last year, Wang Hongjun, former vice chairman of Hua Xia Bank, resigned. The following month, Zou Libin was nominated as a candidate for non-executive director of the bank. On December 12, the bank issued an announcement stating that he had been officially elected as vice chairman. Today, his qualifications have been approved by the regulatory authorities.
It is worth noting that on the same day, Hua Xia Bank also issued an announcement stating that the qualifications of Yang Hong as chief compliance officer and Liu Xiaoli as chief risk officer have also been approved by the State Financial Supervision and Administration.
In fact, as early as September 2024, Hua Xia Bank’s board of directors agreed to appoint Yang Hong as chief compliance officer. In December of the same year, it voted to approve the appointment again. Until the approval of the State Administration of Financial Supervision, Yang Hong became Hua Xia Bank’s first chief compliance officer.
In December 2024, the State Administration of Financial Supervision issued the “Measures for the Management of Compliance of Financial Institutions”, requiring financial institutions to establish chief compliance officers at the headquarters of the institution. In principle, compliance officers should be established in provincial branches or first-level branches. In addition, we will improve corresponding safeguard measures for chief compliance officers and compliance officers, compliance management departments and personnel to perform their duties. Financial institutions are required to equip compliance management departments with sufficient and professional compliance management personnel to improve the effectiveness of compliance management through the professionalism of compliance personnel.