Are three state-owned AMC vice presidents of Dongfang, Huarong and Xinda rotated to prevent corruption?

category:Finance
 Are three state-owned AMC vice presidents of Dongfang, Huarong and Xinda rotated to prevent corruption?


It is worth noting that the personnel transfer is all the senior figures in the four AMCs.

According to public information, Liang Qiang joined Cinda Asset in 1999 and has been vice president of Cinda Asset since April 2019. Specifically, from July 1993 to September 1999, Liang Qiang successively served as the office cadre, general section chief, director assistant and deputy general manager of retail business department of Shanxi Branch of China Construction Bank. In September 1999, he joined Xinda Asset Management Co., Ltd. and successively served as assistant to general manager and deputy general manager of capital finance department, deputy general manager and deputy general manager of planning finance department (general manager level), general manager of comprehensive planning department, Secretary of Party committee and general manager of Shanghai Branch, etc. from February 2016 to April 2019, he served as assistant to President.

After several years in the Bank of China, Xu Yongli also joined Dongfang assets in 1999. He has successively held several senior management positions in Dongfang assets and Dongxing securities, and served as assistant to the president in 2013 and vice president in 2014.

The four AMCs (asset management companies) were founded in 1999 to be responsible for divesting the non-performing assets of the four major state-owned banks. After that, the joint-stock system reform was carried out successively, among which Huarong assets and Cinda assets have been listed in Hong Kong stock market. In 2018, Lai Xiaomin, the former chairman of China financing industry lost his horse. On the one hand, it opened a new trend of AMC returning to the main business, on the other hand, it also sounded the alarm of the regulatory authorities. Zhou Liang, vice chairman of the China Banking Regulatory Commission, said earlier that Lai Xiaomins case had been proved to be a shocking corruption case in the financial field, which was extremely bad in nature and extremely painful in lessons. The incident shows that the fight against corruption in the financial field is still grim and complex. In the next step, we need to speed up the completion of regulatory weaknesses, plug regulatory loopholes, strengthen regulatory responsibility in the system, control people to watch money, and fasten the firewall of the system.

Source: editor in charge of surging news: Zhong Qiming, nf5619