CBHB has announced that the appointment of Xie Kai as its Chief Information Officer has been approved, effective from April 13, 2026. Xie currently serves as a Party Committee Member, Vice President, and Chief Information Officer of the bank.
According to its annual report, CBHB implemented organizational reforms at its headquarters last year, with adjustments made to both corporate and retail business lines. The "Technology Finance Department" was established as a standalone first-tier department, separated from the Corporate Business Department. The "Custody Business Department" was transferred from the Corporate Banking division to the Financial Markets division. A new "Platform Ecosystem Finance Department" was also created within the retail business line.
This report details the personnel changes in the aforementioned headquarters departments and several first-tier branches.
Jing Hui, former Deputy General Manager of the Headquarters Custody Business Department, has been appointed as Deputy General Manager of the Headquarters Platform Ecosystem Finance Department. Jing Hui holds a postgraduate master's degree. From February 2001 to February 2006, he worked in the Information Technology Department of the Industrial and Commercial Bank of China's Tianjin Branch. After joining CBHB, he held positions including Technology Analyst and Senior Systems Engineer in the Information Technology Department. Within the Custody Business Department, he served as System Management Team Manager, Deputy Team Lead for Requirements and Operations, and Deputy Team Lead for Product and Business Promotion. In May 2021, he was appointed Deputy Director of the Suzhou Branch's Ecosystem Banking Innovation Lab. In May 2024, he became Deputy General Manager of the Headquarters Custody Business Department.
Hao Yukun, former Deputy General Manager of the Headquarters Corporate Business Department, has been appointed President of the Changsha Branch, and his appointment has been approved.
Li Xuejin, former President of the Changsha Branch, has been transferred to serve as a Senior Expert at the Nanchang Branch. She previously served as Vice President of CBHB's Nanchang Branch and became President of the Changsha Branch in November 2022.
On May 8, the appointment of Zhao Jinfeng as President of CBHB's Jinan Branch was approved. Zhao Jinfeng holds a Bachelor's degree in Management from Nankai University and previously worked at Shenzhen Development Bank's Tianjin Branch. After joining CBHB, he served as Deputy General Manager and then General Manager of the Small and Medium Enterprise Department at the Tianjin Branch, General Manager of the Tianjin Branch Corporate Business Management Department, Assistant General Manager of the Headquarters Group Client Department, and Executive General Manager of the Haihe Industrial Fund.
Liu Tiezhu, President of the Tianjin Binhai New Area Branch, has been promoted to Deputy President of the Haikou Branch. He previously served as President of CBHB's Tianjin Changjiangdao Sub-branch and became President of the Tianjin Binhai New Area Branch in June 2024. His appointment as Deputy President of the Haikou Branch has been approved.
Recently, CBHB recruited two mid-level executives from other banks, one from a city commercial bank and another from a joint-stock bank.
Meng Kai, former President of Dalian Bank's Tianjin Branch, has been appointed Deputy President of CBHB's Qingdao Branch. He served as President of Dalian Bank's Tianjin Branch from September 2018, and his appointment as Deputy President of CBHB's Qingdao Branch has been approved.
Xue Wenjun, former President of China Zheshang Bank's Tianjin Binhai New Area Branch, has been appointed President of CBHB's Tianjin Binhai New Area Branch.
It is worth noting that CBHB is the only nationwide joint-stock bank in China to have its entire senior management team recruited through the open market. This includes five executives, such as President Qu Hongzhi, who are all professional managers hired via this mechanism.
Regarding human resource management, CBHB stated in its annual report that it continuously improves its market-oriented selection and appointment mechanisms, broadens channels for recruiting high-end professional talent, strengthens talent selection, cultivation, management, and utilization, ensures talent reserves and team succession, boosts employee confidence and vitality in their work, and enhances the bank's attractiveness and cohesion for talent.
CBHB Branch Information (2025 Annual Report)
As of the end of 2025, CBHB had established 34 first-tier branches (including three directly managed branches in Suzhou, Qingdao, and Ningbo, and the Hong Kong Branch), 35 second-tier branches, 292 sub-branches, and 16 community micro-branches, bringing the total number of operational outlets to 377.
In terms of personnel, as of the end of 2025, CBHB had 14,170 in-service employees, an increase of 346 from the end of the previous year. Additionally, there were 182 dispatched employees.
On the expenditure front, CBHB has been deeply implementing cost-reduction and efficiency-enhancement measures, consistently maintaining a mindset of "tightening its belt," and continuously optimizing control measures in areas such as branch construction, outlet operations, and management expenses. Last year, the cost-to-income ratio was 38.01%, a decrease of 1.00 percentage points from the previous year, indicating a steady improvement in input-output efficiency.
In 2025, CBHB's operating expenses were 10.391 billion yuan, a decrease of 0.93% year-on-year. Employee compensation totaled 5.980 billion yuan, an increase of 0.42% year-on-year. Calculating "total employee compensation / total number of employees," the average compensation per employee at CBHB in 2025 was approximately 422,000 yuan.
In terms of performance, in the first quarter of 2026, CBHB continued the trend of growth in both operating revenue and net profit seen last year. Official data shows that as of the end of Q1, CBHB's total assets surpassed the 2 trillion yuan threshold, reaching 2.04 trillion yuan, an increase of 5.7% from the beginning of the year.
From January to March this year, CBHB achieved operating revenue of 8.13 billion yuan, a year-on-year increase of 3%; net profit was 3.413 billion yuan, a year-on-year increase of 9.79%. Net interest income was 4.348 billion yuan, a year-on-year increase of 4.69%. The cost-to-income ratio decreased to 27.38%, an improvement of 0.59 percentage points compared to the same period last year, further demonstrating the effectiveness of refined management.
CBHB stated that the scale breakthrough is inseparable from solid risk control and compliance safeguards. However, the bank recently received its largest fine in nearly two years, exposing systemic compliance vulnerabilities.
On April 24, CBHB's Shenzhen Qianhai Branch was fined 2.9 million yuan for "inadequate due diligence in loan 'three checks'; inadequate review of merger and acquisition loans; inadequate management of group credit; inaccurate asset classification." The former president of this branch was banned from working in the banking industry for 10 years.
Since the beginning of 2026, multiple CBHB branches, including those in Shenzhen, Dalian, Wuhan, Datong, and Nanchang, have received fines related to loan management, credit review, asset classification, and other businesses. The total fines amount to approximately 6.0046 million yuan, nearly equivalent to the total fines for the entire previous year.
In March of this year, President Qu Hongzhi assumed the additional role of Chief Compliance Officer at CBHB, reflecting management's high regard for compliance issues. In the next stage, while expanding its scale, CBHB should strengthen its risk control foundation to achieve stable development.
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