On the evening of December 18th, according to the Central Commission for Discipline Inspection, the Discipline Inspection and Supervision Group of the People's Bank of China and the Shanghai Discipline Inspection Commission of Discipline Inspection and Supervisory Committee: Xu Zhen, former party secretary and chairman of the Banking Institute Co., Ltd., was suspected of serious disciplinary violations.Accept disciplinary review and supervision investigation.

The official resume shows that Xu Zhen has been working as a financial system for a long time and has worked in the central bank for many years.

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Born in June 1957, Cixi, Zhejiang, joined the work in March 1975, and joined the Communist Party of China in July 1992.

Beginning in 1990, Xu Zhenli was appointed as clerk, deputy section chief, deputy chief, deputy director, and director of the accounting office of the Shanghai Branch of the People's Bank of China.In 2000, he served as the deputy director of the People's Bank of China Payment and Settlement Management Office as the deputy department level.

In 2003, Xu Zhen served as deputy director of the Division of the People's Bank of China. In 2009, he was explicitly served as the head of the department, and also served as the leader of the preparatory team of all the responsible company of Shanghai Lleel Limitation.

In November 2009, Xu Zhen served as chairman and general manager of the Banking Institute Clearance Institute Co., Ltd., and then stepped down as general manager, and also served as party secretary.Since January 2018, he has been a member of the Standing Committee of the Shanghai CPPCC and has been investigated here.

The official website shows that the Shanghai Clearance Institute was established on November 28, 2009. It is a qualified central opponent identified by the People's Bank of China.Credit bond registration custody settlement center.

Its business covers bonds, interest rates, foreign exchange and exchange rates, commodities, credit derivatives markets. At the same time, it provides registered custody and clear settlement services for nearly 20 innovative financial products such as credit bonds and currency market tools.

Xu Zhen's Resume

Xu Zhen, male, Han nationality, was born in June 1957, was from Cixi, Zhejiang. He joined the work in March 1975 and joined the Communist Party of China in July 1992.

From December 1990 to December 1998, he served as clerk, deputy section chief, deputy director, deputy director, and director of the accounting office of the Shanghai Branch of the People's Bank of China;

From December 1998 to December 2000, he served as Director of the Accounting and Finance Office of the Shanghai Branch of the People's Bank of China;

From December 2000 to October 2003, he served as Deputy Director (Deputy Division level) of the People's Bank of China Payment and Settlement Management Office;

From October 2003 to January 2009, he served as deputy director of the People's Bank of China Payment and Settlement Department;

From January 2009 to November 2009, he served as the deputy director of the People's Bank of China to pay and the settlement department (the department at the level), and the leader of all liability companies in Shanghai;

From November 2009 to August 2010, he served as chairman and general manager of the Interbank Market Clear Institute Co., Ltd.;

From August 2010 to December 2010, he served as chairman of the bank market liquidation center Co., Ltd.;

From December 2010 to December 2017, he served as party secretary and chairman of the party committee of the interbank market liquidation center;

From December 2017 to July 2018, he served as chairman of the Banking House Llerance Office Co., Ltd.;

From January 2018, the Standing Committee of the 13th Committee of the CPPCC Shanghai Municipal Committee;

It was investigated in December 2020.