Core Viewpoint - The appointment of Tang Shuo as the new business director for corporate and institutional business at Bank of Communications fills a vacancy that has existed since December 2022, indicating a strategic move to strengthen leadership in key business areas [1][5]. Group 1: Appointment and Background - Tang Shuo, born in 1978, is the youngest among the current business directors at Bank of Communications, having a career that began within the bank itself [1]. - He has held significant positions in various branches, including Beijing, Guangdong, and Jiangxi, showcasing a diverse experience in both corporate and retail banking [1][2]. - His educational background includes a law degree from Xi'an Jiaotong University and a master's degree in engineering from Beijing Jiaotong University [1]. Group 2: Strategic Initiatives - During his tenure as the head of the Jiangxi branch, Tang Shuo emphasized the importance of aligning with the "2+6+N" industrial action plan, aiming to provide tailored financial services and a substantial credit line of 600 billion yuan over three years [2]. - In Guangdong, he focused on financial integration within the Greater Bay Area, advocating for mechanisms that enhance connectivity and collaboration among financial institutions [2][3]. - His proposed initiatives include improving financial infrastructure, enhancing regulatory efficiency, and fostering innovation while managing risks [3]. Group 3: Financial Performance - Bank of Communications reported a revenue of 133.368 billion yuan for the first half of 2025, reflecting a year-on-year growth of 0.77%, with a net profit of 46.016 billion yuan, up 1.61% from the previous year [5]. - The corporate financial business contributed significantly, with revenues of 64.594 billion yuan, accounting for 48.43% of total revenue, and net profits of 25.101 billion yuan, representing 53.51% of total profits [5]. - The bank's non-performing loan ratio stood at 1.28%, a slight decrease of 0.03 percentage points from the end of the previous year, indicating improved asset quality [5].
交行新增一位高管,唐朔履新公司业务总监