BANK COMM(SH:601328) Nan Fang Du Shi Bao·2025-11-03 07:12Core Points - The former Vice President of Bank of Communications, Hou Weidong, is under investigation for serious violations of discipline and law, five years after his retirement [1][2] - Hou Weidong was the first Chief Information Officer (CIO) in China's banking industry and held significant positions in both technology and business operations during his tenure [2][3] Group 1: Background and Career - Hou Weidong worked at the Industrial and Commercial Bank of China before joining Bank of Communications, where he held various roles, including Vice President and CIO [2] - He served as Vice President of Bank of Communications for over nine years and was also the CIO for six years during that time [2][3] - His career highlights include leading the launch of major technological systems that transformed banking operations from distributed to centralized processing [3] Group 2: Institutional Response - Following the announcement of Hou Weidong's investigation, the Bank of Communications' Party Committee held a meeting to express support for the central government's decision and to cooperate fully with the investigation [4] - The committee emphasized the importance of ongoing discipline and warning education to mitigate the negative impact of Hou's case and to strengthen anti-corruption efforts [4] - Leadership within the bank is urged to maintain strict adherence to political discipline and regulations, promoting a healthy political environment [4]