Core Viewpoint - The article discusses the resignation of Zhong Desheng as the Chief Risk Officer of China Merchants Bank (CMB) due to work-related reasons, while he will continue to serve in other capacities within the bank. Xu Mingjie, the current Vice President, has been appointed as the new Chief Risk Officer. Group 1 - Zhong Desheng has resigned from his position as Chief Risk Officer of CMB, effective October 31, 2025, but will remain employed at the bank [5][6] - Xu Mingjie, born in September 1968, has been appointed as the new Chief Risk Officer, with his term starting upon approval from the National Financial Regulatory Administration [7] - The board of directors of CMB expressed high appreciation for Zhong Desheng's contributions during his tenure as Chief Risk Officer [7]
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