尊龙凯时网站

尊龙凯时网站

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Governance

In accordance with the Company Law of China and CIC’s Articles of Association, the Board of Directors is responsible for establishing and overseeing the company’s development strategies, operational policies, and investment plans; determining major matters to be reported on to shareholders; approving the annual budget and final accounts; appointing and removing senior executives; and approving the establishment of internal management bodies.The Board of Directors comprises Executive Directors, Non-Executive Directors, Independent Directors, and an Employee Directors.


The Strategy and Social Responsibility Committee, the Risk Management Committee, and the Nomination and Remuneration Committee are sub-committees of the Board of Directors. Pursuant to their mandates from the Board, the three committees engage with key issues and formulate recommendations that feed into the Board’s decision-making processes.


The Executive Committee translates the guidance of the Board of Directors into detailed strategies and oversees CIC's day-to-day operations. It has the authority to make required operating decisions, including decisions on basic rules, institutional adjustments, operating mechanisms, performance evaluations, and remuneration.


Members

PENG Chun

Chairman and CEO

Mr. PENG Chun is Chairman and Chief Executive Officer of CIC. Immediately prior to this, he served as Chairman and Executive Director of Bank of Communications. Previously, he was Vice Chairman, Executive Director, and President of Bank of Communications. Before that, he worked as Executive Vice President of CIC, and Executive Director and President of Central Huijin. He also held several positions with Bank of Communications, including Executive Director and Executive Vice President; Executive Vice President; Director and Assistant to the President; General Manager of Urumqi Branch, Nanning Branch, and Guangzhou Branch.

Mr. PENG, born in 1962, holds a master’s degree in economics from the School of Finance of People’s Bank of China and the title of Senior Accountant.

Mr. PENG Chun is Chairman and Chief Executive Officer of CIC. Immediately prior to this, he served as Chairman and Executive Director of Bank of Communications. Previously, he was Vice Chairman, Executive Director, and President of Bank of Communications. Before that, he worked as Executive Vice President of CIC, and Executive Director and President of Central Huijin. He also held several positions with Bank of Communications, including Executive Director and Executive Vice President; Executive Vice President; Director and Assistant to the President; General Manager of Urumqi Branch, Nanning Branch, and Guangzhou Branch.

Mr. PENG, born in 1962, holds a master’s degree in economics from the School of Finance of People’s Bank of China and the title of Senior Accountant.

JU Weimin

Vice Chairman, President, and Chief Investment Officer

Mr. Ju Weimin is Vice Chairman, President, and Chief Investment Officer of CIC. Previously, he served as Executive Vice President of CIC and President of CIC Capital. Prior to joining CIC, he was Executive Director and Executive Vice President of CITIC. He also held other positions at CITIC, including Chief Financial Officer, Director General of Finance Department, Chairman of CITIC Resources Holdings Limited and CITIC Trust Co., Ltd., as well as board member of China CITIC Bank Corporation Ltd. and CITIC Securities. Mr. JU used to serve as Chairman of China Trustee Association as well.

Mr. JU, born in 1963, holds a master’s degree in economics from Renmin University of China.

Mr. Ju Weimin is Vice Chairman, President, and Chief Investment Officer of CIC. Previously, he served as Executive Vice President of CIC and President of CIC Capital. Prior to joining CIC, he was Executive Director and Executive Vice President of CITIC. He also held other positions at CITIC, including Chief Financial Officer, Director General of Finance Department, Chairman of CITIC Resources Holdings Limited and CITIC Trust Co., Ltd., as well as board member of China CITIC Bank Corporation Ltd. and CITIC Securities. Mr. JU used to serve as Chairman of China Trustee Association as well.

Mr. JU, born in 1963, holds a master’s degree in economics from Renmin University of China.

SHEN Rujun

Executive Director and Executive Vice President

Mr. SHEN Rujun is Executive Director and Executive Vice President of CIC. Prior to this, he served as Executive Director and Executive Vice President of Bank of Communications. Previously, he held several positions with the Industrial and Commercial Bank of China (ICBC), including President of Shandong Branch, General Manager of Finance Accounting Department, Vice President of Beijing Branch, and Deputy General Manager of Planning and Finance Department.

Mr. SHEN, born in 1964, holds a Ph.D. in management from Technology and Economics School of Hohai University and the title of Senior Accountant.

Mr. SHEN Rujun is Executive Director and Executive Vice President of CIC. Prior to this, he served as Executive Director and Executive Vice President of Bank of Communications. Previously, he held several positions with the Industrial and Commercial Bank of China (ICBC), including President of Shandong Branch, General Manager of Finance Accounting Department, Vice President of Beijing Branch, and Deputy General Manager of Planning and Finance Department.

Mr. SHEN, born in 1964, holds a Ph.D. in management from Technology and Economics School of Hohai University and the title of Senior Accountant.

LIN Nianxiu

Non-Executive Director

Mr. LIN Nianxiu, Non-Executive Director of CIC, is Vice Chairman of National Development and Reform Commission. Previously, he served as Vice Chairman of the Guangxi Zhuang autonomous region. Prior to that, he was Deputy Head of the National Energy Steering Group Office. He also held several positions at the State Council, including Secretary of the General Office (Secretary-General level) and Head of the General Division (Secretary- General level) at the State Council Informatization Office. Before that, he served as Assistant Inspector (Deputy Secretary-General level) of the General Office at the State Development and Planning Commission.

Mr. LIN, born in 1963, holds a master’s degree in economics from Jilin University.

Mr. LIN Nianxiu, Non-Executive Director of CIC, is Vice Chairman of National Development and Reform Commission. Previously, he served as Vice Chairman of the Guangxi Zhuang autonomous region. Prior to that, he was Deputy Head of the National Energy Steering Group Office. He also held several positions at the State Council, including Secretary of the General Office (Secretary-General level) and Head of the General Division (Secretary- General level) at the State Council Informatization Office. Before that, he served as Assistant Inspector (Deputy Secretary-General level) of the General Office at the State Development and Planning Commission.

Mr. LIN, born in 1963, holds a master’s degree in economics from Jilin University.

XU Hongcai

Non-Executive Director

Mr. XU Hongcai, Non-Executive Director of CIC, is Vice Minister of Finance. Previously, he served as Assistant Minister of Finance. Prior to that, he was Deputy Director General and then Director General of the Budget Department at the Ministry of Finance.

Mr. XU, born in 1963, holds a bachelor’s degree in economics from Jiangxi University of Finance and Economics.

Mr. XU Hongcai, Non-Executive Director of CIC, is Vice Minister of Finance. Previously, he served as Assistant Minister of Finance. Prior to that, he was Deputy Director General and then Director General of the Budget Department at the Ministry of Finance.

Mr. XU, born in 1963, holds a bachelor’s degree in economics from Jiangxi University of Finance and Economics.

REN Hongbin

Non-Executive Director

Mr. REN Hongbin, Non-Executive Director of CIC, is Chairman of the China Council for the Promotion of International Trade. He has served as Non-Executive Director of CIC since he was Assistant Minister of Commerce. Previously, he held positions at Ministry of Commerce including Vice Minister of Commerce, Assistant Minister of Commerce, Director General of the Department of Foreign Trade and Deputy Director General of National Mechanic and Electronic Import and Export Office, Director General of the Department of World Trade Organization (WTO) Affairs and Director General of China WTO Notification and Inquiry Center, Vice President of China Academy of International Trade and Economic Cooperation (Director General level), Commercial Counsellor (Deputy Director General level) in China’s Embassy in Hungary, and Deputy Director General of the Department of European Affairs.

Mr. REN, born in 1966, holds a master’s degree in engineering from China University of Mining and Technology.

Mr. REN Hongbin, Non-Executive Director of CIC, is Chairman of the China Council for the Promotion of International Trade. He has served as Non-Executive Director of CIC since he was Assistant Minister of Commerce. Previously, he held positions at Ministry of Commerce including Vice Minister of Commerce, Assistant Minister of Commerce, Director General of the Department of Foreign Trade and Deputy Director General of National Mechanic and Electronic Import and Export Office, Director General of the Department of World Trade Organization (WTO) Affairs and Director General of China WTO Notification and Inquiry Center, Vice President of China Academy of International Trade and Economic Cooperation (Director General level), Commercial Counsellor (Deputy Director General level) in China’s Embassy in Hungary, and Deputy Director General of the Department of European Affairs.

Mr. REN, born in 1966, holds a master’s degree in engineering from China University of Mining and Technology.

LIU Guiping

Non-Executive Director

Mr. LIU Guiping, Non-Executive Director of CIC, is Executive Vice Major of Tianjin. He has served as Non-Executive Director of CIC since he was Deputy Governor of People’s Bank of China. Previously, he served as Deputy Governor of People’s Bank of China, Vice Chairman and President of China Construction Bank, Vice Mayor of Chongqing, and Executive Vice President of CIC. Prior to that, he held several positions during his career at Agricultural Bank of China, including Head of Retail Banking/Retail Products, President of Shanghai Branch, Vice President and President of Fujian Branch, and Vice President of Shenzhen Branch.

Mr. LIU, born in 1966, holds a Ph.D. in economics and the title of Senior Economist. He is an awardee of the State Council Expert Special Allowance.

Mr. LIU Guiping, Non-Executive Director of CIC, is Executive Vice Major of Tianjin. He has served as Non-Executive Director of CIC since he was Deputy Governor of People’s Bank of China. Previously, he served as Deputy Governor of People’s Bank of China, Vice Chairman and President of China Construction Bank, Vice Mayor of Chongqing, and Executive Vice President of CIC. Prior to that, he held several positions during his career at Agricultural Bank of China, including Head of Retail Banking/Retail Products, President of Shanghai Branch, Vice President and President of Fujian Branch, and Vice President of Shenzhen Branch.

Mr. LIU, born in 1966, holds a Ph.D. in economics and the title of Senior Economist. He is an awardee of the State Council Expert Special Allowance.

LU Lei

Non-Executive Director

Mr. LU Lei, Non-Executive Director of CIC, is Deputy Administrator of the State Administration of Foreign Exchange. Previously, he held several positions at the People’s Bank of China including Director General of the Financial Stability Bureau and Director General of the Research Bureau. Prior to that, he served as Vice President and President of Guangdong University of Finance.

Mr. LU, born in 1970, holds a Ph.D. in economics from School of Finance of People’s Bank of China.

Mr. LU Lei, Non-Executive Director of CIC, is Deputy Administrator of the State Administration of Foreign Exchange. Previously, he held several positions at the People’s Bank of China including Director General of the Financial Stability Bureau and Director General of the Research Bureau. Prior to that, he served as Vice President and President of Guangdong University of Finance.

Mr. LU, born in 1970, holds a Ph.D. in economics from School of Finance of People’s Bank of China.

LI Jiange

Independent Director

Mr. LI Jiange, Independent Director of CIC, is Chairman of the Board of Trustees of Sun Yefang Foundation. He was Vice Chairman of Central Huijin, Chairman of ShenYin & WanGuo Securities Co., Ltd., Chairman of China International Capital Corporation Limited (CICC), Vice Minister of Development Research Center (DRC) of the State Council, Vice Minister of the State Council Office for Restructuring the Economic System, Vice Chairman and then Executive Vice Chairman of China Securities Regulatory Commission, and Head of General Office of the Securities Commission of the State Council. He had also worked as Deputy Director General and then Director General of the Department of Policy and Regulation of the State Economic and Trade Commission, and Deputy Director General of Policy Reform and Laws and Regulation Department and Deputy Director General of Policy Research Office at the State Planning Commission.

Mr. LI, born in 1949, holds a master’s degree in economics from Chinese Academy of Social Sciences.

Mr. LI Jiange, Independent Director of CIC, is Chairman of the Board of Trustees of Sun Yefang Foundation. He was Vice Chairman of Central Huijin, Chairman of ShenYin & WanGuo Securities Co., Ltd., Chairman of China International Capital Corporation Limited (CICC), Vice Minister of Development Research Center (DRC) of the State Council, Vice Minister of the State Council Office for Restructuring the Economic System, Vice Chairman and then Executive Vice Chairman of China Securities Regulatory Commission, and Head of General Office of the Securities Commission of the State Council. He had also worked as Deputy Director General and then Director General of the Department of Policy and Regulation of the State Economic and Trade Commission, and Deputy Director General of Policy Reform and Laws and Regulation Department and Deputy Director General of Policy Research Office at the State Planning Commission.

Mr. LI, born in 1949, holds a master’s degree in economics from Chinese Academy of Social Sciences.

BAI Chong’en

Independent Director

Professor BAI, Independent Director of CIC, is Mansfield Freeman Chair Professor, Dean of the School of Economics and Management of Tsinghua University. He is also the Director of both the National Institute for Fiscal Studies of Tsinghua University and the Institute for State-Owned Enterprises of Tsinghua University. He used to serve as a member of the monetary policy committee of the People’s Bank of China. Prior to that, he served as Adjunct Vice-President of Beijing State-Owned Assets Management Co., Ltd. and a non-resident Senior Fellow of the Brookings Institution.

Professor BAI, born in 1963, holds a Ph.D. in economics from Harvard University.

Professor BAI, Independent Director of CIC, is Mansfield Freeman Chair Professor, Dean of the School of Economics and Management of Tsinghua University. He is also the Director of both the National Institute for Fiscal Studies of Tsinghua University and the Institute for State-Owned Enterprises of Tsinghua University. He used to serve as a member of the monetary policy committee of the People’s Bank of China. Prior to that, he served as Adjunct Vice-President of Beijing State-Owned Assets Management Co., Ltd. and a non-resident Senior Fellow of the Brookings Institution.

Professor BAI, born in 1963, holds a Ph.D. in economics from Harvard University.

ZHANG Geping

Employee Director

Mr. ZHANG Geping, an Employee Director, is Head of Human Resources Department of CIC. Immediately prior to this, he held several positions at CIC, including Secretary of the Board of Directors, Deputy Head and then Head of the Administrative Office/Office of the Board of Directors/Office of the Board of Supervisors, and Head of the General Affairs Department. In his earlier career, Mr. ZHANG served as Secretary of the Discipline Inspection Commission at China Jianyin Investment Limited. 

Mr. ZHANG, born in 1967, holds a Ph.D. in economics from Renmin University of China.

Mr. ZHANG Geping, an Employee Director, is Head of Human Resources Department of CIC. Immediately prior to this, he held several positions at CIC, including Secretary of the Board of Directors, Deputy Head and then Head of the Administrative Office/Office of the Board of Directors/Office of the Board of Supervisors, and Head of the General Affairs Department. In his earlier career, Mr. ZHANG served as Secretary of the Discipline Inspection Commission at China Jianyin Investment Limited. 

Mr. ZHANG, born in 1967, holds a Ph.D. in economics from Renmin University of China.