Liu Jin, president of the Bank of China, did not attend the board of directors because

Liu Jin, who has been 57 years old and has served as a governor of Bank of China for more than 3 years, was absent from a meeting of Bank of China Board of Directors.

On the evening of August 19, Bank of China announced that the company held the seventh board of directors of 2024 in Beijing on the same day in Beijing.All directors and supervisors of the Bank.

Announcement shows that the meeting was chaired by the chairman Ge Haizheng. The meeting should attend 14 directors and attend 13 directors in person.Liu Jin, vice chairman and executive director, did not attend the meeting for other arrangements.

At this board of directors of the House of Finance and Economics, Liu Jin did not entrust other directors to attend and vote.

The previous announcement of the Board of Directors of the Bank of China, if a director fails to attend, generally explain the reason in the announcement, such as "due to other important official duties"; and other directors are generally entrusted to attend and vote.

On August 19th, the Board of Directors of the Bank of China, due to the absence of Liu Jin, the vice chairman and executive director, caused 14 directors to vote, with a total number of votes only 13 votes.

Earlier, Bank of China also had similar situations.The Bank of China Board of Directors held on March 9, 2023, then the then chairman Liu Lianzhang and director Wang Wei did not attend the meeting. There was no specific reason for the announcement, and other directors were not entrusted to attend and voted.Only 13 votes in the total number are also in line with relevant regulations.

At that time, Liu Lianzhang, then chairman, had been removed from the party committee secretary and was announced by officials on March 31. At the time, Wang Wei, then director, also resigned on March 21 due to age reasons.

On August 19th's board meeting, despite Liu Jin's absence, in the announcement of the board meeting, Bank of China stated that the convening of the meeting in accordance with the relevant laws, administrative regulations, departmental regulations, regulatory documents such as the company law of the People's Republic of China, and other relevant laws, administrative regulations, departmental regulations, and standardized documentsThe rules of the constitution of Bank of China Co., Ltd..

The absence of the board of directors is not rare, and the president Liu Jin is not uncommon for the board of directors.Bank of China ’s financial report in 2023 shows that 13 boards were held at that time, and Liu Jin attended 11 times and was absent 2 times.

Liu Jin officially arrived at the Bank of China on February 25, 2021, served as Deputy Secretary of the Party Committee, and was intended to be vice chairman and president.

On March 16, the Board of Directors of the Bank of China approved the appointment of Liu Jin as the president.On April 26th, he was approved by his qualifications, and Liu Jin officially served as president.

Resume shows that Liu Jin was born in 1967 and graduated from Shandong University in English Language and Literature. He obtained a master's degree in literature and has a senior economic division titles.

Liu Jin started with Industrial and Commercial Bank of China, and served as representative of the representative office of ICBC London.General Manager of the Branch, General Manager of the Investment Banking Department of the Industrial and Commercial Bank of China, Secretary of the Party Committee and President of Jiangsu Branch, member of the National Development Bank Party Committee and Deputy President.

In November 2019, Liu Jin was transferred to the deputy secretary of the National Bank of China to the Deputy Secretary of the Party Committee of the Everbright Bank. Since January 2020, he has been the president and has been an executive director since March.At the same time, he also served as a member of the party committee and executive director at the Everbright Group.Before being transferred to Bank of China, it was more than a year in the Everbright System.

Liu Lianzhang, who had served as the chairman of the Bank of China with Liu Jin, was officially announced on March 31, 2023.

On April 24 this year, Liu Lianzhang's bribery and illegal issuance loan case began a trial in the first instance of Jinan, Shandong.Liu Lianzhang was accused of accepting more than 121 million yuan in bribes; a total of more than 3.32 billion yuan was issued in illegally issuing loans, resulting in the principal loss of more than 190 million yuan.

In April this year, the Ninth Central Inspection Team inspected the Bank of China Party Committee's mobilization meeting was held.The central inspection team will work in Bank of China for about 3 months.According to the provisions of the inspection work regulations, the central inspection team mainly accepted the letter from the leadership team of the Bank of China Co., Ltd. and their members, the main person in charge of the next party organization and the issues of key positions.Reporting and reflection of discipline, integrity discipline, mass discipline, work discipline and life discipline.