投行“迁徙” 一年超70人聘入上市公司

Group 1 - The core point of the article highlights a significant trend where investment bankers are transitioning to executive roles in listed companies, particularly as secretaries and financial directors, due to changes in the industry landscape and declining income from investment banking [1][2][5] - From January 1, 2025, to January 20, 2026, at least 76 listed companies have announced new appointments for positions such as secretary, financial director, or securities representative, with a notable 66 of these individuals coming from investment banking backgrounds [2][5] - The trend shows that more individuals from leading investment banks, such as CITIC Securities and China International Capital Corporation (CICC), are making this transition, leveraging their experience and resources to secure positions in listed companies [1][2][5] Group 2 - The decline in investment banking income is a driving factor for this transition, with main underwriting revenues dropping significantly from 2022 levels; for instance, CITIC Securities' main underwriting revenue fell from 53.52 billion yuan in 2022 to 15 billion yuan in 2025 [6][7] - The article notes that the number of investment banks with main underwriting revenues exceeding 10 billion yuan has decreased drastically, indicating a broader trend of income reduction within the industry [6][7] - The potential income for former investment bankers transitioning to listed companies varies widely, but many can expect salaries in the range of one to two million yuan, with additional incentives from stock options potentially increasing their total compensation significantly [8]