Recently, Bank Of Nanjing Co.,Ltd. and the Perseverance Entrepreneurs Club held an exchange symposium and signed a strategic cooperation agreement. The event was attended by the bank's Chairman Xie Ning, President Zhu Gang, and Vice Presidents Zhou Wenkai and Chen Xie.
Typically, Zhu Gang accompanies Xie Ning to such events.
At 57 years old, Zhu Gang is significantly older than the 49-year-old Xie Ning and possesses far more experience at Bank Of Nanjing Co.,Ltd.. Xie Ning only joined the bank at the end of 2023, whereas Zhu Gang is a veteran senior executive.
Zhu Gang previously worked at Agricultural Bank of China before joining the preparatory group for Bank Of Nanjing Co.,Ltd., becoming a member of the preparatory leading group's office.
Since 1996, he has held various positions including Office Section Chief, Deputy Director of the Policy and Regulations Department, Deputy Director of the Credit Business Department, General Manager of the Corporate Business Department, Office Director, and General Manager of the Risk Control Department.
In 2008, Zhu Gang was promoted to Assistant President and concurrently served as President of the Wuxi Branch. He advanced to Vice President in 2012 and became President and Financial Principal in 2022.
His career history shows substantial experience and expertise in credit business and risk control management.
From 2020 to 2024, Zhu Gang's compensation from Bank Of Nanjing Co.,Ltd. was 1.087 million yuan, 2.485 million yuan, 2.338 million yuan, 720,000 yuan, and 720,000 yuan, respectively.
Currently, Zhu Gang holds 556,300 shares of Bank Of Nanjing Co.,Ltd..
A recent announcement shows the board of directors approved the appointment of Zhu Gang as the company's Chief Compliance Officer, with a term effective from the board's approval date until the expiration of the tenth board's term.
This adds another title to his portfolio.
He already holds the positions of Deputy Party Secretary, Executive Director of the Tenth Board, President, and Financial Principal. With the addition of Chief Compliance Officer, he now holds five concurrent roles.
As the second-in-command at Bank Of Nanjing Co.,Ltd., the weight of responsibility on Zhu Gang's shoulders is no lighter than that on Xie Ning's.
This is especially pertinent given the frequent compliance issues emerging from the bank's various branches.
Recently, the Xuzhou Branch was fined 600,000 yuan by regulators for violations including inadequate management of project loans and imprudent post-loan management of personal loans.
Previously, the Taizhou Branch, Yangzhou Branch, and Wuxi Branch have also received penalties, involving issues such as vulnerabilities in pre- and post-loan management for project loans, ineffective employee behavior controls, and inadequate execution of the "three checks" in personal loan business.
As Bank Of Nanjing Co.,Ltd. approaches the 3 trillion yuan threshold, compliance and risk management are particularly crucial.
Of course, business expansion is also a top priority.
The bank has also replaced its Business Director. The current Business Director, 60-year-old Xu Lamei, has submitted her resignation, with her original term set to expire on January 8, 2027.
Replacing her, the board of directors has appointed Yin Jianjun as the company's Business Director. His term will begin upon regulatory approval of his qualifications and last until the expiration of the tenth board's term.
Yin Jianjun, 57, currently serves as Party Committee Secretary and President of the Nanjing Branch, bringing considerable frontline work experience.
These personnel changes are aimed at propelling Bank Of Nanjing Co.,Ltd. forward.
During this period, the bank has also dissolved its board of supervisors and added two new directors to the board—Wang Houyin became a director of the tenth board, and Wang Yao became an independent director. Notably, Wang Houyin represents the bank's shareholder, Eastern Airport Group.
This series of personnel adjustments represents significant moves by Bank Of Nanjing Co.,Ltd. to stabilize its internal operations.
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