Reported 10 months ago
At the shareholder meeting of Shanghai Commercial and Savings Bank on June 21, the re-election of the board was completed, and a new chairman was elected with Li Qingyan continuing in the role. Meanwhile, Rong Kangxin, from the discreet wealthy 'Rong family' fourth generation, transitioned from director to the position of vice chairman as part of the succession plan. Rong Kangxin holds a significant stake in the bank after inheriting shares from his deceased grandfather Rong Hongqing. The bank under Li Qingyan's leadership is focusing on traditional and digital financial services, wealth management, and international expansion.
Source: YAHOO