工银瑞信基金高管变更：“工行系”杨帆任总经理 张桦任副总经理

Core Viewpoint - The recent management changes at ICBC Credit Suisse Asset Management mark a significant transition for the company, indicating a new development phase as key positions have been reshuffled since May 2025 [1][4][6]. Management Changes - Yang Fan has been appointed as the new General Manager, and Zhang Zhi has been appointed as the new Deputy General Manager, effective November 21, 2025 [1][3]. - The management overhaul began in May 2025, with multiple key positions, including General Manager and Deputy General Manager, being replaced [4][6]. - The previous General Manager, Gao Chong, left after 4 years and 2 months, and the interim General Manager, Zhao Guicai, served for less than 3 months before the new appointments [4][5]. Background of New Executives - Yang Fan has extensive experience within the ICBC system, having held various positions including Deputy General Manager of the Asset Management Department and Vice President of ICBC Shenzhen Branch [3][6]. - Zhang Zhi has a strong background in the Financial Markets Department of ICBC, progressing through various roles to become Deputy General Manager [3][7]. Company Profile - ICBC Credit Suisse was established on June 21, 2005, with shareholders including ICBC (80%) and UBS (20%) [7]. - As of September 30, 2025, the company's asset scale reached 862.42 billion yuan, ranking 14th among 162 fund companies in terms of non-monetary asset scale [7]. Industry Context - The public fund industry has seen frequent executive changes in 2025, with over 40 fund companies adjusting their leadership [7]. - The management restructuring at ICBC Credit Suisse aligns with the broader trend of high turnover in the industry and reflects a strategic repositioning by its shareholders in response to new market conditions [7].