Sun Xuan has been appointed as the General Manager of the Data Management Department at Bank of China.
A leadership change has occurred at the helm of the Data Management Department of Bank of China. Reports indicate that Sun Xuan, previously the General Manager of the Bank's Security Department, has been appointed as the General Manager of the Data Management Department and concurrently as the General Manager of the Digital Asset Operation Center. Prior to this appointment, the department was led by Wang Shihui. It is understood that the Data Management Department was formerly known as the Digital Asset Management Department, established in 2019, and was renamed the "Data Management Department" in 2025.
In recent years, to coordinate and advance its digital transformation, Bank of China formulated the "Digital Finance Action Plan." Concurrently, the bank has been continuously optimizing the organizational structure of its technology divisions.
Succeeding Wang Shihui, Sun Xuan has been transferred to the role of General Manager of the Data Management Department. Sun Xuan previously served as Vice President of Bank of China's Jiangxi Provincial Branch before being transferred to the head office as Deputy General Manager of the Security Department, later being promoted to General Manager. The former department head, Wang Shihui, is a technology-focused professional who previously served as Director of the Bank of China Financial Technology Innovation Office, responsible for innovation practices in areas such as blockchain.
In terms of responsibilities, the Data Management Department focuses on data assets as its core. It is responsible for formulating data strategy, overseeing the quality control of data assets, leading the construction of data platforms and data middle offices. Through a dual-drive approach of "managing data well + utilizing data effectively," it supports the group's digital intelligence strategy and is a core department for financial technology and data governance. All major state-owned banks have established similar data management departments.
Bank of China has undertaken several adjustments to its technology divisions in recent years. In 2022, the bank integrated functions and established new committees and leading groups for digital transformation. A first-level department, the Digital Asset Operation Center, was newly established that year. In 2023, the Financial Digitalization Committee was renamed the Digital Finance Committee. In 2024, the bank established a Head Office Technology Finance Center and 24 first-level branch technology finance centers. In early 2025, the "Digital Asset Management Department" was renamed the "Data Management Department," with the "Digital Asset Operation Center" becoming a secondary department under it. Simultaneously, the former "Information Technology Department" was adjusted to become the "Financial Technology Department."
The effectiveness of the digital and intelligent transformation is becoming apparent, with the number of monthly active users of the mobile banking app nearing 100 million. Adjustments in organizational structure and personnel are just the tools; enhancing the effectiveness of "digital intelligence" relies more on clear, comprehensive top-level design and strategic planning.
In terms of top-level design, Bank of China specifically formulated the "Digital Finance Action Plan" in 2024 to coordinate the group's digital finance development efforts globally. The plan focuses on building five key capabilities and includes multiple action initiatives. Strategically, the bank adheres to the guidance of "dual drive by digital technology and data elements," deeply integrating digital finance into the group's "15th Five-Year Plan."
In the field of technology finance, Bank of China positions itself as a "companion in the innovation process" and a "co-builder of the industrial ecosystem." In cross-border finance, it promotes the cross-border application of digital RMB. In technology application, it prioritizes artificial intelligence. Leveraging its accumulated resources and advantages, Bank of China's digital finance layout has gradually formed a differentiated competitive edge. As of the end of June 2025, the number of monthly active users of Bank of China's personal mobile banking app reached 97.93 million, a year-on-year increase of 11.59%.
The digital and intelligent transformation and strategic layout of digital finance at Bank of China represent a vivid practice of a major state-owned commercial bank fulfilling its mission and seeking development in the era of the digital economy. Looking ahead, as the "15th Five-Year Plan" advances and the digital economy continues to deepen, further optimizing strategic design will be a core proposition for the bank's continued digital intelligent development.
Comments