China ‘Big Five’ Bank to Add Youngest Vice President
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One of China’s “Big Five” state-owned lenders has brought in Tang Shuo from peer Bank of Communications (BoCom), appointing the 47-year-old to its Communist Party committee, in a move that positions him to become the youngest vice president among the “Big Five.”
Tang took up his new post at China Construction Bank (CCB) Wednesday and is expected to be named a vice president pending board approval, people familiar with the matter told Caixin.
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- Tang Shuo, age 47, has joined China Construction Bank (CCB) from Bank of Communications (BoCom), and is set to be the youngest vice president among China’s “Big Five” state-owned lenders.
- Tang has had a career at BoCom with leadership roles in Jiangxi, Guangdong, and Beijing, becoming business director for corporate and institutional banking in 2024.
- His move is part of a continued practice of rotating senior managers across major Chinese banks to broaden experience and balance leadership.
- Bank of Communications
- The Bank of Communications (BoCom) is one of China's "Big Five" state-owned lenders. Tang Shuo, a former executive, spent his entire career at BoCom, holding leadership roles in various regions before becoming business director for corporate and institutional banking this year. He has since moved to China Construction Bank.
- China Construction Bank
- China Construction Bank (CCB) is one of China's "Big Five" state-owned lenders. It recently brought in Tang Shuo from Bank of Communications (BoCom) to its Communist Party committee, with an expected appointment as vice president. This move restores CCB's standard "one president, five vice presidents" structure.
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