CITIC Bank recently announced that the appointment of Jin Xinian as Chief Risk Officer has been approved, effective December 2, 2025. According to the latest official resume, Jin Xinian currently serves as a member of the Party Committee, Vice President, and Chief Risk Officer of CITIC Bank, and will no longer concurrently hold the position of General Manager of the Credit Execution Department at the headquarters.
Sources indicate that the President of CITIC Bank’s Shanghai Branch is set to take over as General Manager of the Credit Execution Department at the headquarters.
As the year-end approaches, CITIC Bank has finalized a series of mid-level management appointments, including presidents of multiple first-tier branches, the Credit Card Center, and subsidiaries such as CITIC Bank Investment and CITIC Bank Wealth Management.
**Key Appointments:** 1. **Zhao Yuanxin**, President of the Shanghai Branch, is slated to become General Manager of the Credit Execution Department at the headquarters. A veteran at CITIC Bank, Zhao has extensive branch management experience, having previously led multiple first-tier branches. He served as President of the Nanchang Branch from October 2012, transferred to Suzhou Branch at the end of 2018, and succeeded He Jinsong as Shanghai Branch President in 2022. As of June 2025, CITIC Bank’s Shanghai Branch reported assets totaling RMB 619.609 billion, making it the bank’s third-largest branch.
2. **Yin Liang** was approved as President of CITIC Bank’s Chongqing Branch on December 5. Yin previously held roles including Assistant President of Shijiazhuang Branch, President of Xiongan Branch, and various senior positions at the headquarters, including Assistant General Manager and Deputy General Manager of the Strategic Client Department. In October 2025, he was appointed Party Committee Secretary of Chongqing Branch.
3. **Liu Zhihua**, former President of Chongqing Branch, has been named General Manager of the Asset-Liability Management Department at the headquarters. Liu previously served as Assistant President and Vice President of Chongqing Branch, President of Lanzhou Branch from October 2016, and President of Shijiazhuang Branch at the end of 2019 before returning to Chongqing Branch in 2022.
4. **Ye Xuesong**, former General Manager of the Asset-Liability Management Department, has been appointed Chairman of CITIC Environment. Ye previously held leadership roles at CITIC Bank’s headquarters and served as President of Nanjing Branch from April 2022 before returning to the headquarters at the end of 2024. CITIC Environment, established in May 2008, is CITIC Group’s exclusive platform for ecological and environmental protection investments.
5. **Jiang Dongming**, President of CITIC Bank’s Guiyang Branch, has been appointed Chairman of CITIC Bank Investment, a wholly owned subsidiary recently approved for operation. CITIC Bank Investment was registered in Guangzhou on November 26, 2025, with a capital of RMB 10 billion. Jiang holds a Ph.D. in Financial Engineering and Management from Tianjin University and previously served as Deputy General Manager of the Asset-Liability Management Department at the headquarters.
6. **Wu Wei**, Vice President of Shenzhen Branch, has been named General Manager of CITIC Bank Investment. Wu previously served as Deputy General Manager of the Investment Banking Department (Technology Innovation Finance Center) at the headquarters.
7. **Liu Fenglun** has been appointed as a member of the Party Committee of Guiyang Branch, acting as President. He previously held leadership roles at CITIC Bank’s Luoyang and Zhengzhou Branches.
8. **Dong Wenze**, former President of CITIC Bank Wealth Management, has been transferred to Fuzhou Branch as President. He was succeeded by He Jin, Vice President of CITIC Bank Wealth Management, in an acting capacity.
9. **Jiang Yulin**, former President of Fuzhou Branch, has been appointed General Manager of the Shanghai Audit Center, replacing Qian Jinsong, who has transitioned to a specialist role. CITIC Bank’s internal audit system comprises the headquarters’ Audit Department and eight regional audit centers. Jiang previously worked at the People’s Bank of China and held leadership roles at CITIC Bank’s Hangzhou Branch before joining Zhejiang Bank in 2016 and returning to CITIC Bank in 2018.
10. **Mu Yinfang** was approved as Vice President of CITIC Bank’s Credit Card Center on November 28. Mu joined the Credit Card Center in 2005 and has been instrumental in driving innovation and digital transformation strategies.
**Operational Highlights:** As of June 2025, CITIC Bank operated 1,477 branches across 153 cities in China, including 37 first-tier branches, 125 second-tier branches, and 1,315 sub-branches. The Credit Card Center oversees 77 branches.
The bank’s Q3 2025 report showed total assets of RMB 9.898 trillion, up 3.83% year-to-date (YTD), nearing the RMB 10 trillion milestone. Despite a 3.46% YTD decline in revenue to RMB 156.598 billion, net profit attributable to shareholders rose 3.02% to RMB 53.391 billion, supported by reduced credit impairment losses and cost controls. The cost-to-income ratio improved to 28.58%.
Net interest income fell 2.06% YTD to RMB 1.077 trillion, with the net interest margin narrowing to 1.63%. Non-interest income dropped 6.40%, but fee and commission income grew 5.75% to RMB 25.688 billion.
Asset quality remained stable, with a non-performing loan ratio of 1.16%, unchanged from early 2025. The combined non-performing and special-mention loan ratio edged down 0.01 percentage points to 2.79%, while the loan loss provision coverage stood at 204.16%.
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