CZBANK "welcomes" a new president, Lu Linhua has been nominated

The new executive team of CZBANK is being finalized.

According to the bank's recent announcement titled "Notice on the Nomination of Directors and President," Lü Linhua has been appointed as a member of the Party Committee and Deputy Secretary of the Party Committee of CZBANK, and has been nominated as a candidate for the board of directors and president of CZBANK Co., Ltd.

Additionally, former president Chen Haiqiang has been nominated for the position of chairman of CZBANK and will also step down from the president role. CZBANK also stated in the announcement that the board of directors will complete the relevant work as soon as possible in accordance with legal procedures.

With the successive appointments of Chen Haiqiang and Lü Linhua, the new executive team of CZBANK is gradually taking shape, and the future development of the bank is attracting attention.

Public information shows that Lü Linhua has considerable experience in financial regulation and practice. In July 2022, he was approved for the position of vice president of Zhejiang Rural Commercial Bank Co., Ltd. According to media reports, before entering the banking industry, he had several years of experience working in financial regulatory departments.

Lü Linhua, who has rich experience in the industry, has also published a paper titled "Exploration of Rural Commercial Banks under the Wave of Financial Technology." The paper mentions that in recent years, the rapid development of financial technology has played an important role in promoting industrial innovation, technological innovation, and the development of new productive forces while achieving the integration of technology and finance.

Joining Lü Linhua is Chen Haiqiang, who was appointed chairman of CZBANK this year.

According to the information, Chen Haiqiang has long worked in the banking industry in Zhejiang. He was born in October 1974 and has served as a deputy director of the National Development Bank Zhejiang Branch, deputy director (in charge) of the Ningbo Beilun Branch of China Merchants Bank, president of the Ningbo Beilun Sub-branch, member of the Party Committee and president of the Ningbo Branch, assistant president and deputy president of CZBANK, Party Secretary and president of the Ningbo Branch of CZBANK, chief risk officer of CZBANK, and member of the Party Committee and deputy president of CZBANK. In early April 2025, CZBANK announced that Chen Haiqiang was nominated to serve as president of CZBANK. In November of that year, he was nominated to serve as chairman of CZBANK.

CZBANK is one of the twelve national joint-stock commercial banks, officially opened on August 18, 2004, headquartered in Hangzhou, Zhejiang, and is the 13th "A+H" listed bank in the country.

As of the end of June 2025, CZBANK had total assets of 3.35 trillion yuan and total liabilities of 3.14 trillion yuan. By the end of June 2025, CZBANK had established 369 branches across 22 provinces (autonomous regions, municipalities) and the Hong Kong Special Administrative Region, achieving effective coverage of its home base in Zhejiang, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area, the Bohai Rim, the West Coast, and parts of the central and western regions.

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