On January 6, Bank of China announced that Zhao Rong would no longer serve as the bank's Chief Risk Officer effective January 6, 2026, due to a work transfer.
Zhao Rong graduated from the Graduate School of the People's Bank of China in 1998 with a doctorate in economics and holds the professional title of Senior Economist. According to her career history, Zhao Rong joined Bank of China immediately after graduation and has worked at the bank for nearly 30 years. She previously held positions including Deputy Director of the Office, Marketing Director of the Personal Finance Department, Deputy General Manager of the Personal Finance Headquarters (Wealth Management), Director of the Office and Spokesperson, Executive Vice President of the Shanghai RMB Trading Business Headquarters, President of the Shanghai Branch, and Business Management Director. Starting in September 2024, Zhao Rong additionally served as the General Manager of the bank's Risk Management Department, and was appointed as the bank's Chief Risk Officer in October of the same year, a position she held until her recent departure. Last year's annual report showed that in 2024, Zhao Rong's total pre-tax remuneration received from Bank of China amounted to 1.3157 million yuan.
Zhao Rong's next role has been confirmed. According to disclosures on the China Export & Credit Insurance Corporation (Sinosure) official website, Zhao Rong has been appointed as a member of the Sinosure Party Committee. Sinosure is a state-funded policy-oriented insurance company established to support the development and cooperation of China's foreign economy and trade. Since 2015, Sinosure's total business scale has consistently ranked first among all global official export credit agencies.
