Monday, January 5, 2015

Dr. Zhu Xiaohuang: Former President of China CITIC Bank

Dr. Zhu Xiaohuang graduated from Hubei Finance and Economics College with a Bachelor’s degree in infrastructure management and credit in 1982.  Dr. Zhu earned an Associate Degree in Economic Law from Peking University in 1985.   He obtained a doctoral degree in world economics from Zhongshang University in December 2006.

Dr. Zhu became the President of China CITIC Bank Corporation on August 29, 2012.  He is regarded as an experienced banker having spent 30 years with China Construction Bank. Before being appointed President he was an Executive Vice President at China Construction Bank Corporation from June 2008 to August 22, 2012.

Dr. Zhu served as Chief Risk Officer of China Construction Bank Corporation (CCB) from April 2006 to February 2011.  He has served as Vice President of CCB since June 14, 2006. Dr. Zhu served as an Executive Director of CCB from July 24, 2010 to August 22, 2012. He served as General Manager of the corporate banking business department of CCB from October 2004 to March 2006. Dr. Zhu was the president of Guangdong branch from May 2000 to October 2004.

He served consecutively as deputy director of administrative office, deputy director of head office’s credit department, deputy general manager of credit management department, vice president of Liaoning Branch, and general manager of banking department from September 1993 to May 2000.
In May 2014 China CITIC Bank Corporation announced that Dr. Zhu resigned from his position as President of the bank due to adjustment of his position. He now serves as Vice President of ITIC Limited.

China CITIC Bank was formerly known as CITIC Industrial Bank having changed to its present name in August 2005. It is the seventh largest bank in China in terms of total assets. The bank was established in 1987. It operates in around 130 countries but also maintains a strong presence in the mainland banking scene.  China CITIC Bank is a wholly owned subsidiary of China International Trust and Investment Corporation (CITIC).

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