Zhang Wencai, the current vice president of China Import and Export Bank, was appointed as the Executive Deputy Governor and Chief Executive Officer of the World Bank.
According to the news released by the News Office of the Chinese Ministry of Finance on Tuesday (February 20), on February 20, Washington time in the United States, the World Bank announced that Zhang Wencai was appointed as the Executive Deputy Governor and Chief Executive Officer of the World Bank.Responsible for institutional strategy, planning, budget, information technology services and sanctions systems.
Zhang Wencai is currently the vice president of China Import and Export Bank, and serves as the trustee of the International Financial Report Guideline Foundation.
Public information shows that after graduating from Nankai University, Zhang Wencai entered the work of the Ministry of Finance's World Banking Department.In his 30 years of international financial cooperation career, Zhang Wencai has experienced many experiences in international institutions.Development Fund's deputy directors, new development banks, and Chinese directors of China Infrastructure Investment Bank.
In June 2020, Zhang Wencai was transferred to the deputy governor of China Agricultural Development Bank. Since May 2022, he has served as a member of the Party Committee and Vice President of the China Import and Export Bank.
The World Bank was established in 1945 and is the world's largest multilateral development agency. It is headquartered in Washington, USA.China resumed its legal seat in the World Bank in 1980.
According to surging news reports, in recent years, many Chinese economists and executives have appeared in the management of international financial institutions.For example, the world's first executive deputy president and chief executive, Yang Shaolin from China.
