No seniority! Shi Yuzhu: China Minsheng Bank should promote outstanding young people

category:Finance
 No seniority! Shi Yuzhu: China Minsheng Bank should promote outstanding young people


According to the 2019 annual report of China Minsheng Bank, all directors, supervisors and senior managers (including current and outgoing) of China Minsheng Bank received a total of RMB 62.8847 million of pre tax remuneration from the bank last year.

Among them, Hongqi, chairman of the board of directors, received a total remuneration (before tax) of 4.5793 million yuan last year. Zheng Wanchun, President of the board, received a pre tax remuneration of 4.4263 million yuan. Chen Qiong, Shi Jie, Li Bin and Lin Yunshan, four vice presidents, received a pre tax remuneration of 3.4301 million yuan. Hu Qinghua, vice president and chief risk officer, received a pre tax remuneration of 3.4235 million yuan. Bai Dan, chief financial officer and Secretary of the board of directors, received a pre tax remuneration of 3.5074 million yuan.

On December 9 last year, Minsheng Bank (600016.sh; 01988. HK) issued a notice on the election of the board of directors and the recruitment of candidates for directors. According to the actual situation of the company, the bank plans to start the work of the board of directors replacement in the near future. The eighth board of directors will be composed of 18 directors, of which the number of independent directors shall not be less than one-third or six; the number of senior managers serving as directors in the board of directors shall not be less than two; the size and composition of the board of directors may be adjusted according to the nomination and relevant regulations.

But affected by the epidemic, the election of the new board of directors was postponed.

The seventh board of directors of Minsheng Bank, which is now over aged, was born in February 2017. In terms of the most concerned shareholders directors, the composition of the seventh board of directors of Minsheng Bank is highly related to shareholders shareholding: Lu Zhiqiang, Shi Yuzhu and Zhang Hongwei all want to re-enter the board of directors, when the number of new hope group board seats reduced to one, Liu Yonghao continues to stay in office. With Gao Yingxin, 57, in his new role as Minsheng Bank, it is widely believed that the new board of directors is in the works. Minsheng Bank held a meeting on the morning of May 29, announcing that Gao Yingxin, 57, the former vice chairman and President of Bank of China Hong Kong, joined Minsheng Bank as secretary of the Party committee. Zheng Wanchun, the president, will be changed from Secretary of the Party committee to Deputy Secretary of the Party committee. Not surprisingly, Gao Yingxin is expected to replace Hong Qi, 63, as the new chairman of Minsheng Bank after completing relevant procedures. Source: surging news editor: Chen Hequn_ NB12679

Minsheng Bank held a meeting on the morning of May 29, announcing that Gao Yingxin, 57, the former vice chairman and President of Bank of China Hong Kong, joined Minsheng Bank as secretary of the Party committee. Zheng Wanchun, the president, will be changed from Secretary of the Party committee to Deputy Secretary of the Party committee. Not surprisingly, Gao Yingxin is expected to replace Hong Qi, 63, as the new chairman of Minsheng Bank after completing relevant procedures.