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Industrial & Commercial Bank of China Ltd.

Industrial & Commercial Bank of China Ltd.

Sector: National Commercial Banks Region: China


: | Shanghai Stock Exchange: 601398 | OTC Markets: IDCBY | Frankfurt Stock Exchange: ICK | OTC Markets: IDCBF


Similar to: Scotiabank, Susquehanna Bancshares, Inc., Barclays Plc

Industrial & Commercial Bank of China Ltd. engages in commercial banking and financial services. It operates its business through the following segments: Corporate Banking, Personal Banking, Treasury Operations, and Others. The Corporate Banking segment offers corporate loans, trade financing, deposit-taking and custody activities, corporate wealth management, and corporate intermediary services. The Personal Banking segment deals with financial products and services to individual customers. The Treasury Operations segment includes money market transactions, investment securities, foreign exchange transactions, and the holding of derivative positions. The Others segment represents the assets, liabilities, income, and expenses that are not directly related or cannot be allocated to a segment. The company was founded on January 1, 1984 and is headquartered in Beijing, China.

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Executives

Yang Kaisheng, Vice Chairman, Executive Director, President
Mr. Yang has served as Vice Chairman, Executive Director and President of Industrial and Commercial Bank of China Limited since October 2005. He joined ICBC in 1985, and served in several positions including Deputy General Manager of ICBC Discipline Enforcement Office, General Manager of ICBC Planning and Information Department, Head of ICBC Shenzhen Branch, Senior Executive Vice President of ICBC, President of China Huarong Asset Management Corporation. He graduated from Wuhan University with a Doctorate degree in Economics.
Wei Guoxiong, Chief Risk Officer
Mr. Wei has served as Chief Risk Officer of Industrial and Commercial Bank of China Limited since August 2006. He joined ICBC in 1987, and was appointed as General Manager of the Credit Management Department in 2001. He previously served in several positions at ICBC including Acting Head of Wenzhou Branch, Deputy Head of Zhejiang Branch and General Manager of the Industrial and Commercial Credit Department of the Head Office. He graduated from Tianjin University of Finance and Economics, and received a Master’s degree in Economics.
Lin Xiaoxuan, Chief Information Officer
Mr. Lin has served as Chief Information Officer of Industrial and Commercial Bank of China Limited since November 2010. Mr. Lin joined ICBC in 1989, and has served as General Manager of Information and Technology Department of ICBC from 2001, and Chief Officer of Information and Technology, and concurrently General Manager of Information and Technology Department, of ICBC since July 2009. He also served as Chief of Technology Protection Section and Head of Software Development and Operation Centre of ICBC Fujian Branch, Deputy General Manager of Technology Protection Department of the Head Office and later General Manager of Information and Technology Department of ICBC, and for a certain period of time concurrently served as General Manager of Data Centre of ICBC. Currently, Mr. Lin is also the President of Financial Computer of China Magazine. He graduated from East China Normal University and received a Master’s degree in Engineering. He is a research fellow.

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