Sou Hu Cai Jing·2026-01-10 06:39Group 1 - The Chief Financial Officer of China Construction Bank, Sheng Liuyong, has become the highest-paid executive among the five major state-owned banks in China for 2024, with a total income of 1.4831 million yuan, surpassing both the chairman and president of the bank, as well as the highest earners from the other four banks [1] - The highest executive salaries from the other four major banks are as follows: Industrial and Commercial Bank of China (1.4746 million yuan), Agricultural Bank of China (1.4531 million yuan), Bank of China (1.4062 million yuan), and Bank of Communications (1.376 million yuan), all slightly lower than Sheng Liuyong's salary [1] - The average annual salary for employees at China Construction Bank is only 234,200 yuan, highlighting a significant disparity between executive and employee compensation [1] Group 2 - This phenomenon reflects a deep transformation in the compensation structure within the banking industry, where salaries for professional roles such as CFOs are surpassing those of administrative leaders, indicating a recognition of professional value in modern financial enterprises [1] - Sheng Liuyong's background as a scholar turned banker, with both theoretical knowledge and practical experience, contributes to his high compensation, as he oversees asset-liability management that directly impacts the bank's 5 trillion yuan bond investment portfolio [1] - There is a general trend among the five major banks where the compensation for business leaders exceeds that of administrative leaders, with three business directors at ICBC earning more than the chairman [1] Group 3 - The market-oriented compensation mechanism is beneficial for attracting top talent, but the significant gap between executive and employee salaries requires careful consideration [1] - The banking industry is currently facing pressure from a general decline in net profits, posing a challenge for companies to balance executive incentives with internal equity [1]