According to the latest announcement of Bank of China Co., Ltd. (601998), Liu Jiandong resigned from the board of directors as risk director due to work adjustments.
Born in 1969, Liu Jiandong was appointed Chief Risk Officer of BOC in February 2019 and has been in office for about five and a half years. The annual report disclosed that Liu Jiandong's salary last year was 1.3058 million yuan, and he was listed as the highest-paid executive.
On the same day, the board of directors of Bank of China appointed Zhao Rong as risk director, replacing Liu Jiandong.
Born in 1971, Zhao Rong graduated from the Institute of Finance of the People's Bank of China in 1998 with a doctorate in economics. According to her resume, Zhao Rong has successively served as Deputy Director of the Office of Bank of China, Marketing Director of the Personal Finance Department, and Deputy General Manager (Wealth Management) of the Personal Finance Headquarters.
From November 2015 to October 2020, Zhao Rong served as the President of Bank of China Shanghai Branch, from July 2014 to May 2021 as Executive Vice President of Shanghai RMB Trading Business Headquarters, and from October 2009 to March 2014, she served as Director and Spokesperson of Bank of China Office.
Since December 2022, Zhao Rong has served as the Director of Business Management of BOC. As the risk director of the Bank of China, Zhao Rong also resigned as the business director.
Last year, Zhao Rong's salary was also 1.3058 million yuan, tied for the first place with Liu Jiandong and Chief Information Officer Meng Qian. On the contrary, the remuneration of the chairman and president of the Bank of China is less than one million yuan.
After the adjustment of senior management, the Bank of China currently has 4 vice presidents, as well as the secretary of the board of directors, the chief auditor, the chief auditor, the chief information officer, etc., after the president stepped down, the chairman of the board of directors Ge Haijiao is currently concurrently concurrent.
As of the close of trading on September 12, the total market value of Bank of China was 1.36 trillion yuan, with a price-to-earnings ratio of less than 6 times and a dividend yield of more than 5%.