招行信用卡换帅：刘加隆转任顾问，财富平台部总经理厉明东已到任

Core Viewpoint - The leadership change at China Merchants Bank's credit card center marks a significant transition as Liu Jialong retires and Li Mingdong takes over, reflecting the evolving landscape of the credit card industry in China [1] Group 1: Leadership Transition - Liu Jialong, the former general manager of the credit card center, has retired and will serve as a consultant, having been a pivotal figure in the credit card industry since 1996 [1] - Li Mingdong, previously the general manager of the wealth platform department, has assumed the role of general manager of the credit card center, pending regulatory approval [1] Group 2: Industry Insights - Liu Jialong emphasized the importance of recognizing industry cycles, noting that in 2018, the bank anticipated a shift from a growth phase to a more stable market, leading to a reduction in expansion plans by one-third [2] - The credit card industry is transitioning from an incremental growth market to a more mature, stock-based market, necessitating strategic adjustments [2] Group 3: Future Strategies - Liu Jialong outlined a focus on risk management and sustainable growth, advocating for a dual approach of enhancing payment services and small loans while leveraging both branch and direct sales channels [3] - The strategy includes targeting key regions for customer acquisition and improving operational effectiveness to enhance customer value [3] Group 4: Li Mingdong's Background - Li Mingdong has extensive experience in retail finance and wealth management, having held various leadership roles within China Merchants Bank, including assistant president positions in multiple branches [4] - His background includes directorships in consumer finance and asset management, positioning him well to lead the credit card center [4]