The performance-leading rural commercial banks are completing the &#34;youthification&#34; of their management teams.
On the evening of September 24, Changshu Bank announced that the qualification of Cheng Pengfei as the bank's vice president has been approved by the Suzhou Financial Regulatory Bureau.
Since last year's senior management adjustments, Changshu Bank's management team has been further improved, showing a rare trend of youthfulness in the industry.
<h2>1. Cheng Pengfei is an internal promotion</h2>
With the approval from the Suzhou Financial Regulatory Bureau, Cheng Pengfei has officially been authorized to serve as the vice president of Changshu Bank. This means that after the resignation of former vice president Wu Tiejun last year, Changshu Bank's executive team has been replenished, and the management structure has been further improved.
According to information, Cheng Pengfei has worked at Changshu Bank for a long time. Born in July 1979, he joined Changshu Bank right after graduating from university, starting as a grassroots teller and eventually entering the executive team.
During this time, Cheng Pengfei has gained experience in various departments such as the Business Development Department and the Bank Card Department, gradually rising through the ranks, and has rich management experience in funding and trading lines. His promotion to vice president is a natural result of his long-term accumulation and steady advancement.
<h2>2. Trend of management youthification is evident</h2>
In the past two years, Changshu Bank's management team has undergone a series of important adjustments. In July 2024, Changshu Bank announced that the qualifications of newly appointed Chairman Xue Wen and President Bao Jian have been approved, completing a key handover in the management team.
Xue Wen was born in 1974, while Bao Jian is from the post-80s generation. With the addition of Cheng Pengfei, the vice president team of Changshu Bank now includes another member from the post-70s generation, further highlighting the trend of youthfulness and diversification.
As of now, the new management team of Changshu Bank has basically been established, presenting a relatively complete and stable structure.
<h2>3. Steady growth in performance</h2>
In addition to personnel adjustments, the operational performance of Changshu Bank is also noteworthy. According to the mid-year report data for 2025, as of the end of June, the bank achieved an operating income of 6.062 billion yuan in the first half of the year, a year-on-year increase of 10.1%; the net profit attributable to shareholders was 1.969 billion yuan, a year-on-year increase of 13.51%. In the context of fierce competition in the regional banking industry, such results are commendable.
With the formal approval of his qualifications, Cheng Pengfei will fully participate in the future development strategy and business management of Changshu Bank. For Changshu Bank, this is an important step in further improving its governance structure and promoting management optimization. Combined with steady performance growth and the renewal of the management team, the subsequent development trends of Changshu Bank will continue to attract market attention

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Management is trending towards youthfulness

The officially appointed "post-80s" executive, Changshu Bank adds a new vice president