A series of mid-level management adjustments have been implemented at Minsheng Bank, involving the promotion of several cadres between the head office and various branch networks.
In January, it was reported that Guo Dai, formerly General Manager of the Head Office's Credit Management Department, was transferred to the position of President of the Guangzhou Branch. The new head of the Credit Management Department has now been appointed, with the candidate originating from the Guangzhou Branch.
Specific promotion details are as follows:
Shi Lei, Deputy President of the Guangzhou Branch, has been designated as the new General Manager of the Head Office Credit Management Department. Mr. Shi previously served as the Chief Risk Officer and Senior Approval Officer at the Guangzhou Branch, and was appointed Deputy President in December 2024.
Zeng Shisong, General Manager of the Corporate Department at the Beijing Branch, is set to be promoted to Deputy President of the Beijing Branch. Mr. Zeng holds a master's degree from Xi'an Jiaotong University and began his career at Minsheng Bank's Beijing Yayuncun sub-branch, holding various positions including Assistant Account Manager, Account Manager, Department Manager, and Assistant President. He later served as Deputy President of the Beijing Wangjing Science Park sub-branch and subsequently as its President. The Beijing Branch is Minsheng Bank's largest primary branch, with total assets reaching 954.057 billion yuan and 4,267 employees overseeing 173 business outlets as of the end of June 2025.
Yang Xiaohui, Director of the Sixth Center within the Head Office's Strategic Customer Department, has been nominated for the role of Deputy General Manager of the Strategic Customer Department. Her previous roles include General Manager of the Transaction Banking Department and General Manager of the Strategic Customer Department at the Hangzhou Branch.
Zhao Bin, Deputy President of the Nanchang Branch, is slated to become a Senior Manager in the Head Office's Financial Markets Department. Mr. Zhao, a graduate of Renmin University of China with a master's degree from Tsinghua University's PBC School of Finance, possesses over a decade of experience in banking and asset management. He previously served as Head of the Fixed Income Investment Center within the Asset Management Department, was appointed Assistant President of the Nanchang Branch in July 2022, and became Deputy President in December 2024.
Chen Bingjian, Deputy President of the Fuzhou Branch, has been transferred to the position of Deputy President of the Guangzhou Branch. Mr. Chen was formerly Deputy President of the Quanzhou Branch. The Guangzhou Branch is the bank's fourth largest, with assets totaling 340.035 billion yuan as of June 2025.
Zhao Yuping, Deputy President of the Lanzhou Branch, has been designated as a Senior Specialist at the Zhengzhou Branch. Ms. Zhao previously held the positions of Assistant President and General Manager of the Retail Banking Department at the Lanzhou Branch, becoming its Deputy President in January 2020.
Jiang Yufang, Business Director of the Guangzhou Branch, is set to be appointed Deputy President of the Fuzhou Branch. Her prior experience includes roles as Secretary of the Discipline Inspection Commission and Chief Risk Officer at the Foshan Branch.
Zhang Xinran, Director of the Planning Center within the Head Office's Personal Finance Department, has been nominated for the position of Deputy President of the Shenyang Branch.
Peng Shuang, General Manager of the Strategic Customer Department at the Chengdu Branch, is slated to become a Level Three Approval Officer at the Fuzhou Branch.
As of the end of June 2025, Minsheng Bank had established 41 primary branches domestically, 2 primary branches overseas, and had built a network of 105 secondary branches.
These mid-level adjustments primarily involve the transfer of personnel between the head office and branches, with most movements representing internal promotions.
Regarding employee career development, Minsheng Bank outlines in its ESG reports that it has established dual-path development tracks for professional and managerial sequences. Employees can choose to specialize vertically or pursue diverse horizontal development based on their strengths and career plans.
As of June 2025, Minsheng Bank employed 59,279 staff. Among these, 6,176 held management positions and 53,103 were in professional roles. In terms of educational background, 22.4% of employees held postgraduate degrees or higher, 73.8% held bachelor's degrees, and 3.9% held associate degrees or lower.
For developing young talent, the bank utilizes various methods such as business training, challenging assignments, and job rotation to implement a "stepped" cultivation approach, refining skills and strengthening the talent pipeline.
For management team development, Minsheng Bank continuously optimizes the age and professional structure of its senior executives. It emphasizes appointing individuals with strong strategic execution capabilities, professional expertise, leadership, and proven performance, ensuring robust leadership teams across all units. The bank also enhances job rotation among senior executives at all levels to align with strategic needs, achieve optimal personnel placement, and improve overall structure.
Concurrently, the bank strengthens the selection and cultivation of reserve talents to optimize the management team structure. The selection criteria emphasize youth, specialization, practical achievements, and frontline experience. The selection process for deputy executive reserves has been refined, including innovations in interview formats to increase candidate participation, experience, and depth of presentation, thereby enhancing the scientific precision of talent selection. The bank actively organizes job exchanges for reserve talents to provide practical on-the-job training.