Recently, it was reported that 崔家鯤 (Cui Jiakun), the head of China Merchants Bank (招商銀行) Guangzhou Branch, is appointed as the assistant president of the head office and also the president of the Beijing Branch.
The latest updates reveal that a new president has been confirmed for the Guangzhou Branch, leading to changes in several key branches' presidents and vice presidents.
李驊 (Li Hua), the president of the Suzhou Branch, is proposed to take on the role of president of the Guangzhou Branch. Since January 2017, he has served as the assistant president and vice president of the Hangzhou Branch, vice president of the Shanghai Branch, and was appointed president of the Suzhou Branch in November 2022. According to the official website, the Guangzhou Branch was established in June 1994 and is the first branch of CM BANK in South China. Currently, it operates 81 outlets and 6 private banking centers, employing over 3,300 staff members. Key metrics, such as loan and deposit scale and asset quality, place it among the top regional joint-stock banks. As of June 30, 2025, the branch's asset size reached 330.14 billion yuan, making it the fourth-largest branch of CM BANK.
郭秀目 (Guo Xiumu), the president of the Urumqi Branch, is set to become the president of the Suzhou Branch. Previously, he held roles as president of the Jinzhou Branch, assistant president, and vice president of the Dalian Branch before being appointed president of the Urumqi Branch in May 2021. Due to its economically prosperous region, many major banks, including CM BANK, have designated the Suzhou Branch as a directly subordinate first-level branch. In 2024, Suzhou's GDP surpassed 2.6 trillion yuan, ranking it sixth among cities in the country and the first in Jiangsu Province for several consecutive years. Established in January 2000, the Suzhou Branch has 35 sub-branches in the urban and county areas and employs over 1,900 people. As of June 30, 2025, its asset size was 168.77 billion yuan, surpassing most provincial capital city branches.
張虎 (Zhang Hu), vice president of the Shenyang Branch, has been appointed as the party secretary of the Urumqi Branch, with plans to become its president. He previously served as assistant president and vice president of the Hohhot Branch and became vice president of the Dalian Branch in April 2021, before being appointed a party committee member of the Shenyang Branch in December 2024.
譚海鳴 (Tan Haiming), deputy general manager of the Asset and Liability Management Department at the head office, has been reassigned as a party committee member of the Zhengzhou Branch. A graduate of the Wudaokou School of Finance, he is the author of “Inflation Expectations and Monetary Policy” and has held various roles in firms such as PwC and the People's Bank of China, before joining CM BANK in 2018.
On October 13, 曲承東 (Qu Chengdong), assistant general manager of the funds operation center, received approval for his appointment, having previously served as a senior manager in the sales trading department of the funds operation center.
何俊謙 (He Junqian), chief risk manager of the private banking department at the head office, is set to become the vice president of the Wuhan Branch. He previously served as the head of the Qiaokou Branch and general manager of the small business finance department at the Wuhan Branch.
王智飛 (Wang Zhifei), vice president of the Wuhan Branch, has been reassigned as the vice president of the Foshan Branch. He became assistant president of the Wuhan Branch in June 2022 and was promoted to vice president in September 2024.
As of June 30, 2025, CM BANK has 143 branches in China, including 44 first-level branches, 1,800 sub-branches, and 2 specialized branch-level institutions (Credit Card Center and Funds Operation Center). This personnel adjustment affects several key branches in the Yangtze River Delta and Pearl River Delta regions.
According to their semi-annual report, CM BANK continues to advance its development strategy in key regions, aligning with industrial cluster growth trends, and fostering branch development in regions such as the Yangtze River Delta, Pearl River Delta, Chengyu, and Haixi. As of June 30, 2025, key regional branches showed growth rates in customer bases, total assets under management (AUM) of retail clients, core deposits, and loan scales that exceeded the average for domestic branches at the end of the previous year. In the first half of the year, the average daily balance of core deposits of 16 key regional branches increased by 0.43 percentage points over the previous year, while the year-end loan balance showed an increase of 0.22 percentage points.
At the mid-year shareholders' meeting, CM BANK's president 王良 (Wang Liang) stated that the bank's past key business focus was primarily in core cities like Beijing, Shanghai, Guangzhou, and Shenzhen. Achieving better development and enhancing competitiveness in key provinces and regions is crucial for the long-term growth of CM BANK, especially in creating new growth engines in the next phase.
Wang Liang further emphasized that in the past three years, CM BANK has strengthened resource allocation among key regional branches, increasing investments in human resources, expense resources, capital resources, and credit resources, resulting in positive outcomes. Moving forward, the bank aims to steadily increase market share in these key regions to facilitate sustainable development across all business areas.