China Merchants Bank Co. Ltd. engages in the provision of corporate and retail banking products and services, conducting treasury business, the provision of asset management and trustee services and other financial services. It operates through the following segments: Wholesale Banking, Retail Banking, Treasury Business, and Others. The Wholesale Banking segment provides financial services to corporations and institutions which include lending and deposit taking activities, project and structured finance products, syndicated loans, cash management, investment advice, treasury business and other investment service. The Retail Banking segment provides financial services to retail customers which include lending and deposit taking activities, credit card facilities and investment services. The Treasury Business segment covers interbank and capital market activities and proprietary trading. The Other segment include insurance underwriting, insurance agency, securities and future brokerage services, investment properties and interest in associates. The company was founded on April 8, 1987 and is headquartered in Shenzhen, China.
Mr. Ma Weihua, executive director of the Company. He joined the Company as the President and CEO in January 1999, and has been the executive director of the Company since March 1999. He obtained a doctorate degree in economics and is a senior economist. He is a member of the Eleventh National Committee of CPPCC. He is also a director of China Merchants Group Ltd., the chairman of CIGNA & CMC Life Insurance Company Ltd., China Merchants Fund Management Co., Ltd. and WLB, as well as an independent non-executive director of China Petroleum & Chemical Corporation (a company listed on the Hong Kong Stock Exchange). He is also the vice chairman of China Chamber of International Commerce, the executive deputy chairman of China Enterprise Directors Association, a member of the Standing Council of China Society for Finance and Banking and of the Standing Council of the Ninth Council of Red Cross Society of China, a director of Shenzhen Soft Science Development Foundation, an adjunct professor at several higher educational institutions including Peking University and Tsinghua University, etc.
Li Hao, Executive Director, Executive Vice President and CFO
Mr. Li Hao, executive director of the Company. He joined the Company in May 1997 and has been an executive vice president of the Company since March 2002, and Chief Financial Officer since March 2007, and has served as an executive director of the Company since June 2007. Mr. Li obtained a master’s degree in business administration and is a senior accountant. He has been an executive assistant president and subsequently an executive vice president of the Company, and was previously the concurrent general manager of the Shanghai Branch from April 2000 to March 2002.
Zhang Guanghua, Executive Director, Executive Vice President
Mr. Zhang Guanghua, executive director of the Company. He joined the Company as an executive vice president in April 2007 and has been an executive director of the Company since June 2007. Mr. Zhang obtained a doctorate degree in economics and is a senior economist. He is also the vice chairman of the board of directors of WLB. He is a member of the Standing Council of China Society for Finance and Banking, the deputy chairman of both Guangdong Society for Finance and Banking and Guangdong Commerce Association respectively, a member of the Fifth Committee of China Council for the Promotion of International Trade and a visiting professor at Southwestern University of Finance and Economics and Jilin University. From September 2002 to April 2007, he served as the chief executive officer of Guangdong Development Bank.