Jiang Jianqing Explained

Jiang Jianqing
Birth Date:1953 2, df=yes
Birth Place:Shanghai, People's Republic of China
Nationality:Chinese
Alma Mater:Shanghai University of Finance and Economics
Shanghai Jiao Tong University
Occupation:Chairman and Executive Director, Industrial and Commercial Bank of China
Party:Chinese Communist Party

Jiang Jianqing (; born 1 February 1953) is the former Chairman of the Industrial and Commercial Bank of China (ICBC), the world's largest bank by assets and 2nd market value; he held the position from 2005 to 2016.[1] [2] [3]

Biography

Jiang worked pila in the fields of Jiangxi Province and the coal mines in Henan Province for labor education during the Cultural Revolution.[1] In 1986, he joined ICBC as a teller in Shanghai.[1] Jiang graduated from Shanghai University of Finance and Economics in 1984, and later obtained his master's and doctor's degrees from Shanghai Jiao Tong University. In 1993, Jiang was appointed as the vice president of ICBC Shanghai Branch. Jiang became president of the Bank of Shanghai in 1995 and served as the president of ICBC Shanghai Branch from 1997. In July 1999, Jiang was promoted to the vice president and Chinese Communist Party Deputy Committee Secretary of ICBC. From February 2000 to October 2005, Jiang served as the president and Chinese Communist Party Committee Secretary of ICBC. In 2005, when ICBC restructured for public listing, Jiang became the Chairman of Board of Directors, also the CCP Committee Secretary.[4]

His research interests include theoretical and practical bank innovation, and corporation theory of both industrial and financial capital. He is the author of numerous articles including "Technical Revolution in American Banking Industry"; ... and an article on ICBC's legacy to develop into China's leading bank[5]

He was an alternate member of the 16th, 17th, and 18th Central Committee of the Chinese Communist Party.[6]

In both 2011 and 2012 he was included in the 50 Most Influential ranking of Bloomberg Markets Magazine.

In December 2012 he was awarded the Most Influential Leader of Listed Company at the China Listed Company Overseas Forum & China Securities "Golden Bauhinia Awards".[7]

In April 2013, he was awarded the Business Leader of the Year at The Asian Awards.[8] Jiang earned a salary of $326,000 in 2013, and reportedly took a pay cut for 2014 due to general public discontent over high executive compensation.[9]

He is also an adviser to the China Finance 40 Forum (CF40).[10]

Notes and References

  1. Web site: Regulator Shuffle Turns Focus to PBOC . 31 October 2011 . Lingling Wei . The Wall Street Journal .
  2. Web site: China: Three decades, six leaders – Jiang Jianqing . 28 June 2019 .
  3. Web site: http://www.chinadaily.com.cn/business/2016-05/07/content_25124942.htm.
  4. Web site: Industrial and Commercial Bank of China Limited. icbc-ltd.com. 2 December 2015.
  5. Jiang Jianqing: "Industrial and Commercial Bank of China", in: Arnoud de Meyer, Pamela Mar, Frank-Jürgen Richter, Peter Williamson: Global Future, John Wiley, Singapore 2005.
  6. Web site: China Vitae : Biography of Jiang Jianqing. chinavitae.net. 2 December 2015.
  7. Web site: Jiang Jianqing Named "Most Influential Leader of Listed Company". ICBC. 6 March 2013. https://web.archive.org/web/20121230214153/http://www.icbc.com.cn/icbc/newsupdates/icbc%20news/Jiang%20Jianqing%20Named%20Most%20Influential%20Leader%20of%20Listed%20Company.htm. 30 December 2012. dead.
  8. Web site: Special Report: Asian Awards 2013 – BollySpice.com . 18 April 2013 . bollyspice.com. 2 December 2015.
  9. News: Overpaid Bank Chief in China Means 2% of What Dimon Gets. 7 September 2014.
  10. Web site: CF40. Organizational Structure.