Nan Fang Du Shi Bao·2025-05-12 10:28Core Viewpoint - The potential appointment of Mei Yufang as Vice President of Jianxin Wealth Management reflects significant changes in the management structure of the company, coinciding with a broader trend of executive adjustments in bank wealth management subsidiaries ahead of 2025 [2][5]. Group 1: Management Changes - Mei Yufang, currently the Deputy General Manager of the Private Banking Department at China Construction Bank, is expected to transition to Jianxin Wealth Management as Vice President [2]. - Jianxin Wealth Management has undergone multiple leadership changes since its establishment in 2019, with the recent approval of Qi Jianguo as Chairman [5][6]. - The frequency of executive changes in bank wealth management subsidiaries indicates a shift from "scale expansion" to "professionalization and differentiation" in the industry [6]. Group 2: Mei Yufang's Background - Mei Yufang has over 20 years of experience in private banking, having joined China Construction Bank in 1991 and focusing on private banking since 2005 [3]. - He has been instrumental in developing various personal banking systems and has emphasized the importance of understanding client needs and providing customized solutions [3]. - At the 2024 Xiamen Wealth Management Forum, he highlighted that wealth protection and inheritance are primary goals for high-net-worth individuals, and family offices are increasingly favored by clients [3]. Group 3: Financial Performance - As of the end of 2024, the financial assets of China Construction Bank's private banking clients reached 2.78 trillion yuan, a year-on-year increase of 10.31%, with the client base growing by 8.81% to 231,500 [4]. - The asset allocation experience accumulated by Mei Yufang in private banking may provide new momentum for product innovation at Jianxin Wealth Management [4]. Group 4: Strategic Focus - Jianxin Wealth Management aims to convey long-term investment philosophies through its products and services, with plans to launch differentiated retirement financial products under the new leadership [5]. - The company's asset allocation strategy has shifted, with a decrease in the investment proportions of bonds and equity products, while cash and deposits now account for 60.8% of the portfolio, reflecting a focus on risk control [6].