The "new team" of Western banks is undergoing changes again, with "insiders" concurrently holding key positions

Chongqing Bank, with an asset scale exceeding one trillion, has once again adjusted its senior management.

According to the latest announcement from Chongqing Bank, the board of directors has approved the appointment of Wang Weilie as the company's Chief Compliance Officer. The board of directors of Chongqing Bank agreed to appoint Wang Weilie as the Chief Compliance Officer, and his qualifications are subject to approval by the Chongqing Regulatory Bureau of the National Financial Regulatory Administration.

This is the latest in a series of senior management adjustments in recent years, highlighting new personnel characteristics of this trillion-yuan western bank.

Internal Executives Holding Concurrent Positions

Public information shows that Wang Weilie was born in September 1979 and is currently 46 years old. He graduated in July 2002 from Xiamen University with a bachelor's degree in economics, majoring in statistics.

Wang Weilie has worked at Chongqing Bank for a long time, holding positions such as Assistant President, Vice President, Acting President, and President of the Bishan Branch, President of the Cultural Palace Branch, General Manager of the Administrative Department, and General Manager of the Internal Control and Compliance Department.

He previously served as a member of the Party Committee, Vice President, and Chief Risk Officer of Chongqing Bank, and now also holds the position of Chief Compliance Officer, taking on three executive roles.

Frequent "Actions" by the Executive Team

In fact, this is another action in the significant changes within the executive team of Chongqing Bank over the past year.

Starting from the last quarter of 2024, there has been a concentrated and frequent change in the senior management of Chongqing Bank.

In October 2024, Liu Jianhua resigned from his positions as Executive Director, Vice President, and member of the Board's Related Party Transaction Control Committee due to work changes. In the same month, Yang Shiyin also resigned from his position as Vice President due to work changes.

On November 6, 2024, with the approval of the Chongqing Financial Regulatory Bureau regarding the qualifications of Hou Ximeng as Vice President and Secretary of the Board of Chongqing Bank (Yujin Guanfu [2024] No. 127), Hou Ximeng began serving as Vice President and Secretary of the Board from that date.

On November 6, 2024, with the approval of the Chongqing Financial Regulatory Bureau regarding the qualifications of Zhang Song as Vice President of Chongqing Bank (Yujin Guanfu [2024] No. 128), Zhang Song began serving as Vice President from that date.

On November 6, 2024, with the approval of the Chongqing Financial Regulatory Bureau regarding the qualifications of Li Cong as Vice President of Chongqing Bank (Yujin Guanfu [2024] No. 129), Li Cong began serving as Vice President from that date.

On December 9, 2024, with the approval of the Chongqing Financial Regulatory Bureau regarding the qualifications of Yan Xiaochuan as Vice President of Chongqing Bank (Yujin Guanfu [2024] No. 153), Yan Xiaochuan began serving as Vice President from that date.

On December 17, 2024, with the approval of the Chongqing Financial Regulatory Bureau regarding the qualifications of Wang Weilie as Vice President of Chongqing Bank (Yujin Guanfu [2024] No. 154), Wang Weilie began serving as Vice President from that date On December 20, 2024, Huang Huasheng will no longer serve as the Chief Risk Officer of the bank due to the expiration of his executive term.

In the first half of 2025, there will still be adjustments in the executive team.

On February 24, 2025, approved by the Chongqing Financial Regulatory Bureau's reply on the qualification of Wang Weilie as Chief Risk Officer of Bank of Chongqing (Yujin Guanfu [2025] No. 23), Wang Weilie will assume the position of Chief Risk Officer from that date.

On April 29, 2025, approved by the Chongqing Financial Regulatory Bureau's reply on the qualification of Zhang Peizong as Vice President of Bank of Chongqing (Yujin Guanfu [2025] No. 51), Zhang Peizong will assume the position of Vice President from that date.

On June 12, 2025, Zhang Song submitted his resignation as Vice President to the board of directors due to a change in work position. According to relevant appointment documents, Zhang Song serves as the Deputy Secretary of the Communist Party Committee of Chongqing Bank Co., Ltd.

All Executives are "Post-70s"

At the same time, taking the 2025 semi-annual report as an example, among the senior management, except for the president who has been in office since September 2023, all vice presidents began their terms at the end of 2024 and the beginning of 2025.

In addition, upon review, all members of the bank's leadership team are from the post-70s generation, with the oldest, Hou Ximeng, born in August 1970, and the youngest, Wang Weilie, born in September 1979.

The average age of the aforementioned team members is considered relatively young among local city commercial banks, possibly only slightly older than some city commercial banks in Jiangsu and Zhejiang.

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