ZJB's senior management has undergone a reshuffle, with a batch of "newcomers" entering, while the top leader Shao Hui still holds the reins

Jiangsu's local "powerful" rural commercial bank successfully completed its senior management transition. On August 5th, Jiangsu ZJB Rural Commercial Bank Co., Ltd. (hereinafter referred to as "ZJB") announced the relevant notice of the 26th meeting (temporary meeting) of the fourth board of directors. It is reported that the meeting passed the proposal to nominate candidates for the fifth board of directors. Shao Hui and Que Zhenghe were nominated as candidates for executive directors of the fifth board, while Sun Jun, Shen Lin, Yang Yuhong, and Hou Jun were nominated as candidates for non-executive directors. Liu Zhiyou, Zhou Fen, Cheng Naisheng, Cen He, and Zhang Longyao were nominated as candidates for independent directors of the fifth board. The next step is to submit the proposal to the shareholders' meeting of ZJB for deliberation. Among them, the qualifications of the two newly appointed directors, Que Zhenghe and Yang Yuhong, still need to be submitted to the financial regulatory authority for approval. The list of candidates for the fifth board has significant changes compared to the fourth board. Key positions include the vice-chairman and director roles. Compared to the 2024 annual report, vice-chairman Zhu Ming and director Xue Binghai are not on the list, and it is highly likely that Que Zhenghe and Yang Yuhong will take on corresponding positions. However, Shao Hui, the chairman of ZJB, has been re-elected, which is significant for the entire new team. Public information shows that Shao Hui was born in June 1971. He previously worked at Wuxi Tianyuan Electronic Technology Application Engineering Company, then served as the assistant director of the computer information department at Wuxi Suburban Credit Union, deputy director (in charge) of Wuxi Suburban Credit Union Ganlu Credit Cooperative, member of the party committee and vice president of Jiangsu Xizhou Rural Commercial Bank, vice president, president, deputy secretary of the party committee, party secretary, and chairman of Wuxi Rural Commercial Bank, becoming the top leader of Wuxi Bank. In August 2024, he was nominated as a director of ZJB and later elected as chairman. He currently serves as the party secretary and chairman of ZJB. In addition, the newly nominated executive director candidate Que Zhenghe also has rich banking experience. He was born in August 1975. He previously served as the deputy head of the capital operation section of Siyang Credit Union, general manager of the capital operation department and head of Peiwai Branch, general manager of the credit management department of Siyang Rural Cooperative Bank, deputy director of Hongze County Rural Credit Cooperative Union, and held various positions in the Jiangsu Provincial Rural Credit Cooperative Union. He currently serves as the general manager of the business management department (inclusive finance department) of Jiangsu Rural Commercial Union Bank and deputy secretary of the party committee of ZJB. The newly nominated non-executive director candidate Yang Yuhong has also long served in the Jiangsu state-owned assets system. She was born in June 1972 and previously worked as a staff member at the Jiangsu Provincial Defense Science and Technology Industry Office, a section chief at Jiangsu Provincial Defense Industry Asset Management Co., Ltd., head of the investment section of the asset finance department of Jiangsu Silk Group Co., Ltd., deputy general manager and general manager of the comprehensive management department of Jiangsu Suhao Investment Group Co., Ltd., deputy general manager of the investment department and general manager of the investment development department of Jiangsu Suhao Holding Group Co., Ltd., and general manager, director, and deputy secretary of the party committee of Jiangsu Suhao Investment Group Co., Ltd. She currently serves as the party secretary, chairman, and legal representative of Jiangsu Suhao Investment Group Co., Ltd Risk Warning and Disclaimer The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk