Xin Lang Cai Jing·2025-09-09 11:00Management Changes - Several senior management adjustments have occurred at China Merchants Bank (CMB), with two key branch heads being promoted to senior management positions [1] - The current management structure consists of one president and four vice presidents, following the resignation of two vice presidents earlier this year [1] Branch Performance - As of June 2025, the Shenzhen and Guangzhou branches are the second and fourth largest branches of CMB, with total assets of 578.84 billion and 330.14 billion respectively [2] - The Shenzhen branch has 116 outlets and over 6,300 employees, while the Guangzhou branch has 81 outlets and over 3,300 employees [3] Regional Strategy - CMB's regional strategy focuses on strengthening resource allocation in economically robust areas such as the Yangtze River Delta and the Pearl River Delta [3] - The bank reported a total profit of 88.91 billion, a slight decrease of 0.82% year-on-year, but net profit increased by 0.25% to 74.93 billion [2][3] Recent Appointments - Wang Xinghai and Cui Jiakun, heads of the Shenzhen and Guangzhou branches respectively, have been appointed as members of the bank's party committee and are set to become assistant presidents [1] - Recent adjustments have also occurred in several other first-level branches, including the appointment of new vice presidents and committee members [5][6]