On July 30th, the securities industry giant CSC disclosed its latest announcement.
CSC announced: The 16th meeting of the third board of directors completed a communication vote and formed a meeting resolution, adding Zhu Yong as a non-executive director of the company.
At the same time, the CSC board of directors agreed to elect Zhu Yong as the vice chairman of the third board of directors of the company, provided that the proposal to elect Zhu Yong as a non-executive director is approved by the shareholders' meeting .
According to the information, Zhu Yong has a background in Central Huijin Investment Ltd. and has a relatively rich experience as a financial executive.
<h2>Who is Zhu Yong?</h2>
According to the announcement, Zhu Yong was born in June 1969 and currently serves as a director dispatched by Central Huijin Investment Ltd., holding a position on the board of China Export &amp; Credit Insurance Corporation.
Zhu Yong obtained a Ph.D. in economics from Peking University and holds the title of senior auditor.
His resume shows that Zhu Yong has served as the deputy director of the Financial Audit Department of the National Audit Office, general manager of the Legal Audit Department and Human Resources Department of Tianjin Binhai Rural Commercial Bank Co., Ltd., and director of the Supervision and Audit Department of China Export &amp; Credit Insurance Corporation.
Additionally, he has also served as a senior deputy manager, senior manager, and head of the supervisory committee working group at China Investment Ltd., and as a supervisor dispatched to China Reinsurance (Group) Corporation (a company listed on the Hong Kong Stock Exchange) and a director dispatched to Hengfeng Bank Co., Ltd.
<h2>Taking on Important Positions</h2>
The announcement from CSC also disclosed: The board of directors agreed to add Zhu Yong as a member of the Board Development Strategy Committee and the Board Audit Committee, effective from the date of the shareholders' meeting electing Mr. Zhu Yong as a non-executive director, with terms ending on the day the third board of directors' term concludes.
As of the end of the first quarter of 2025, Central Huijin holds 30.76% of the A-shares of CSC, making it the second-largest shareholder

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Executive Personnel Changes at Brokerage Giants

- On July 30, CITIC Securities announced the appointment of Zhu Yong as a non-executive director following a board meeting.  
- Zhu Yong, born in June 1969, has a strong financial background, holding a PhD in economics from Peking University and previously serving in various high-level positions in financial institutions.  
- The board also agreed to elect Zhu as vice chairman, pending shareholder approval, and he will serve on the development strategy and audit committees until the end of the current board's term.

CSC appoints vice chairman, a person with Huijin background takes office