Minsheng Bank Announces Regulatory Approval for Zhang Zhen as New Director

Deep News11-03 18:31

On November 3, a financial news alert reported that Minsheng Bank (ASX: 01988) issued an announcement today stating that on November 3, 2026, the bank received the "Reply of the National Financial Regulatory Administration on the Qualification of Zhang Zhen as a Director of Minsheng Bank" (Jin Fu [2026] No. 583).

The National Financial Regulatory Administration has approved Zhang Zhen's qualification to serve as a director of the bank. Zhang Zhen will assume the position of director of the ninth board of directors of the bank from the date of approval, and will serve as a member of the board's risk management committee. China Minsheng Banking Corp.,Ltd. (ASX: 600016) shares are also mentioned in this context.

According to public information, Zhang Zhen was born in 1981 and currently serves as general manager of Dajia Asset Management Co., Ltd. He previously held positions including executive director and general manager of Hua An Property Insurance Asset Management Co., Ltd., and vice president and chief investment officer of Hua An Property Insurance Co., Ltd. He also worked at the former People's Insurance Company of China, PICC Property and Casualty Company Limited, PICC Investment Holding Co., Ltd., and The People's Insurance Company (Group) of China Limited. He obtained a Master of Business Administration degree from Peking University in 2016.

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