Thursday, July 31, 2014

Yi Huiman: ICBC President

Yi Huiman graduated from Hangzhou College of Electronics and Hangzhou Financial Management Cadre School. Yi also holds a Master’s degree in Executive Business Administration from Guanghua School of Management of Peking University.

He joined Industrial and Commercial Bank of China Limited (ICBC) in 1985. Yi has since been promoted to various positions. Among his positions have been Vice President of ICBC Zhejiang Branch and Vice President of ICBC Jiangsu Branch. Yi has served as President of the bank’s Jiangsu Branch since October 2000.  Since October 2005 he served as President of ICBC Beijing Branch.  He got another promotion in July 2008 becoming Vice President of ICBC.

Yi became the bank President in May 2013 and became Vice Chairman and Executive Director in July 2013. While many climbed the corporate ladder, he is one of the very few who got the top management position.

ICBC is one of the largest banks in the world. Based on independent statistics, at the end of 2013, ICBC ranked first in the Chinese banking industry in terms of corporate loans and balance of corporate deposits, with a market share of 11.5 percent and 12 percent respectively. 

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