The Board of Supervisors：
The Board of Supervisors is the Bank’s supervisory organ and is responsible to the Shareholders’ Meeting. As stipulated in the Company Law of the People’s Republic of China and the Articles of Association of the Bank, the Board of Supervisors is responsible for overseeing the Bank’s financial activities and the legality and compliance of the Board of Directors and the senior management in performing their responsibilities.
The Board of Supervisors has set up the Duty Performance and Due Diligence Supervision Committee, the Finance and Internal Control Supervision Committee to assist the Board of Supervisors in performing its functions.
Currently, the Board of Supervisors comprises seven Supervisors, with three supervisor positions assumed by representatives of shareholders, three supervisor positions assumed by employee representatives and one external supervisors. According to the Bank’s Articles of Association, a supervisor has a term of office of three years and may serve consecutive terms by re-election and re-appointment. Supervisors representing shareholders and external supervisors are elected or replaced by the Shareholders’ Meeting.
Members of the Board of Supervisors:
The members of the Board of Supervisors are listed as below:
| Name |
Position |
| LI Jun |
Chairman of the Board of Supervisors |
| WANG Xueqiang |
Shareholder Supervisor |
| LIU Wanming |
Shareholder Supervisor |
| DENG Zhiying |
Employee Supervisor |
| LIU Xiaozhong |
Employee Supervisor |
| XIANG Xi |
Employee Supervisor |
| MEI Xingbao |
External Supervisor |
The brief resume of the members of the Board of Supervisors are listed as below:
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LI Jun
Chairman of the Board of Supervisors
Chairman of the Board of Supervisors of the Bank since March 2010 and Vice Party Secretary of the Bank since December 2009. Mr. LI served in several positions in Bank of Communications, including Vice Chairman of the Board of Directors and President from September 2006 to December 2009, Vice President from November 2000 to August 2006, Executive Director from June 2000 to December 2009, Controller General from April 1998 to April 2001, and Vice President and President of the Wuhan Branch of Bank of Communications from October 1990 to April 1998. Mr. LI is a senior economist and received a Master’s degree in Economics from Huazhong University of Science and Technology in 1995. |
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WANG Xueqiang
Shareholder Supervisor
Shareholder Supervisor of the Bank since August 2004 and Head of the Office of Board of Supervisors since April 2005. Mr. WANG served as Deputy Director General Supervisor and Director General Supervisor of the Bank from July 2003 to August 2004 before the Bank’s corporate restructuring. Mr. WANG served as Deputy Director General Supervisor at Agricultural Development Bank of China from October 2001 to July 2003, and worked with the Central Financial Working Commission from October 2000 to October 2001. From November 1996 to September 2000, Mr. WANG worked with Hong Kong Gang Ao International (Holdings) Co., Ltd. and Hong Kong Fujian Group Limited in succession. Prior to that, Mr. WANG worked with the Ministry of Finance from August 1985 to October 1996. Mr. WANG is a senior accountant and Certified Public Accountant qualified by the Chinese Institute of Certified Public Accountants. Mr. WANG graduated from China Central University of Finance and Economics in 1985 and obtained his Doctorate in Economics from Public Finance Institute of the Ministry of Finance in 2008. |
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LIU Wanming
Shareholder Supervisor
Shareholder Supervisor of the Bank since August 2004. From November 2001 to August 2004, Mr. LIU was designated by the State Council to serve as a Director Supervisor and a Deputy Director General Supervisor at Bank of Communications and the Bank. From August 1984 to November 2001, Mr. LIU worked with the National Audit Office, Agricultural Development Bank of China and the Central Financial Working Commission. Mr. LIU received a Bachelor’s degree in Economics from Jiangxi University of Finance and Economics in 1984. |
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DENG Zhiying
Employee Supervisor
Employee Supervisor of the Bank since August 2010. Mr. DENG currently serves as the General Manager of the Supervisory Department in the Bank’s Head Office. Mr. DENG has served as Deputy General Manager of the Supervisory Department in the Bank’s Head Office from July 2008 to July 2010. From June 2007 to July 2008, Mr. DENG served as a member of the Party Committee and the secretary of the Party Discipline Committee in the Tianjin Branch of the Bank. From February 2008 to July 2008, Mr. DENG also served as the Director of the Labour Union of the branch. From June 1993 to June 2007, Mr. DENG worked in the Supervisory Office, the Inspection and Audit Department, the Supervisory Department of the Bank’s Head Office. From August 1984 to June 1993, Mr. DENG worked in the Party Discipline Committee. Mr. DENG received a Bachelor’s degree in History from Nankai University in 1984. |
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LIU Xiaozhong
Employee Supervisor
Employee Supervisor of the Bank since August 2012. Mr. LIU is currently Executive Deputy Director of the Labour Union Working Committee of the Bank. He previously held various positions in the Bank, including General Manager (in charge of SME business) of the Corporate Banking Unit of the Head Office from July 2008 to May 2011, Deputy General Manager of the Credit Management Department of the Head Office, Deputy General Manager of the Risk Management Department of the Head Office, Deputy General Manager and General Manager of the Shaanxi Branch from October 1998 to July 2008. From July 1983 to October 1998, he was cadre and Deputy Director of the Aerospace Industry Ministry, Deputy Director and Director of Aerospace Materials Supply and Marketing Corporation, Deputy Manager of the Fixed Assets Investment Department and Deputy Director General of the Capital Construction Bureau of Aerospace Industry Corporation. Mr. LIU graduated from the Glass Fiber Reinforced Plastics Department of Harbin Construction Engineering College in 1983. |
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XIANG Xi
Employee Supervisor
Employee Supervisor of the Bank since August 2012. Ms. XIANG is currently Deputy General Manager and Chief Financial Officer of Suzhou Branch of the Bank. She previously held the following various positions in the Bank: , including member of the CPC Committee, Deputy General Manager and Chief Financial Officer of Suzhou Branch from July 2005 to March 2010, Assistant to General Manager of the Suzhou Branch from March 2003 to July 2005,Deputy General Manager and General Manager of High-tech Industrial Development Zone Sub-branch of the Suzhou Branch from October 2000 to July 2005,cadre, deputy group chief, section chief , Deputy Director and Deputy General Manager of the International Trade Settlement Division of the Suzhou Branch from July 1993 to October 2000. Ms. XIANG graduated from the Department of English of East China University of Science and Technology in 1993, and obtained an MBA Degree jointly conferred by Fudan University and University of Washington in December 2004. |
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MEI Xingbao
External Supervisor
External Supervisor of the Bank since May 2011. Mr. MEI is now a member of the 12th CPPCC National Committee. From October 2003 to May 2010, Mr. MEI served as Vice President and President of China Orient Asset Management Corporation. He previously served as Vice Mayor of People’s Municipal Government of Zhangjiajie in Hunan Province, Deputy Director General of Economic and Trade Commission of Hunan Province, Head of the Science and Education Group of the Research Office of the General Office of the CPC Central Committee, Director General of the General Office of the Central Financial Working Commission, and Director General of the Propaganda Department of CBRC. Majoring in agricultural economic management, Mr. MEI graduated from Renmin University of China in 1982 with a Bachelor’s degree in Economics. He obtained his Doctorate in Management from Renmin University of China in 1999. |
Special Committees of the Board of Supervisors：
The Duty Performance and Due Diligence Supervision Committee
The Duty Performance and Due Diligence Supervision Committee comprises 4 members, including Chairman of the Board of Supervisors Mr. LI Jun, Supervisor Mr. WANG Xueqiang, Employee Supervisor Mr. Deng Zhiying, Supervisor Mr. LIU Xiaozhong. The committee is chaired by Mr. LI Jun, Chairman of the Board of Supervisors. The committee is mainly responsible for:
- Reviewing the annual plan of overseeing the legality and compliance of the Board of Directors and the senior management in performing their responsibilities and advising the Board of Supervisors accordingly;
- Reviewing the evaluation reports of the legality and compliance of the Board of Directors and the senior management in performing their responsibilities and advising the Board of Supervisors accordingly;
- Reviewing the plan of audit on the departure of the Board of Directors and the senior management and advising the Board of Supervisors accordingly;
The Finance and Internal Control Supervision Committee
The Finance and Internal Control Supervision Committee comprises 2 members, including Supervisor Mr. LIU Wanming, Employee Supervisor Ms. XIANG Xi. The committee is mainly responsible for:
- Reviewing the plan of overseeing the Bank’s financial activities and internal control and advising the Board accordingly;
- Reviewing the Bank’s financial reports (Quarter,Interim,Annual reports)and the Profit allocation method and advising the Board accordingly;
- Reviewing the implementation plan of overseeing the Bank’s management decision, risk management and internal control and advising the Board accordingly.
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