Former Guangdong Banking Regulatory Director Wang Zhanfeng or Chairman of Banhua Rong

On the morning of April 18th, Wang Zhanfeng, former director of the China Banking Regulatory Bureau of China, has replaced Lai Xiaomin as the party secretary of China Huarong Asset Management Co., Ltd. (China Huarong) Party Secretary. In the future, it may be nominated by the board of directors.

According to the 21st financial search report, on the evening of April 17, the Central Discipline Inspection Commission reported that Lai Xiaomin, the Secretary of the China Huarong Party Committee and Chairman of China Huarong Party Committee, was suspected of serious disciplinary violations and is currently undergoing disciplinary review and supervision and investigation.

The public resume shows that Wang Zhanfeng was born in March 1967. He is only 51 years old.From November 2011 to May 2014, he served as the party secretary and director of the Shanxi Banking Regulatory Bureau.Since May 2014, he has been the party secretary and director of the Guangdong Banking Regulatory Bureau.

Some insiders in the banking industry told the 21st Century Business Herald that Wang Zhanfeng was ordered.Because of the 1.8 trillion assets of China Huarong, such a large institution cannot have a shortage of shortcomings for a long time.

The two sources revealed on Wednesday that Wang Zhanfeng, the director of the Guangdong Banking Regulatory Bureau, will serve as MDash, the largest financial asset management company in China; chairman of China Huarong, and Li Xin, the chairman of the Oriental Asset Management Company, will be the president of China Huarong.

According to Reuters, they pointed out that the news has been announced internally.

One of the sources said that the reason why the supervision was so ready was ready, and it was prepared.

The website of the Central Commission for Discipline Inspection announced on Tuesday evening that Lai Xiaomin, the secretary of the China Huarong Party Committee and Chairman of the China Huarong Party Committee, is suspected of serious disciplinary violations and is currently undergoing disciplinary review and supervision and investigation.