In the first week of the new year, the trust industry has changed. On January 7,2020, the CBRC's official website revealed that the Shanxi Banking Supervision Bureau had approved the qualifications of Lei Shujun's Shanxi Trust director and general manager on December 31,2019. According to the relevant information, Lei Shujun had previously served as a member of the Shanxi Trust Party Committee, deputy general manager, financial director, after the general manager post vacancy, acting general manager after nearly a year.
As of the press day, more than a third of the trusts had changed in 2019, involving 28 chairmen or general managers, and 15, or more than half, had been promoted internally, according to the securities daily. Among them, successively has Zhejiang gold trust, the Hua Chen trust and so on 4 trust company's chairman and the general manager in 2019 double change Shuai.
It is said that the change of senior executives in the trust industry, especially the head of the company, will have an important impact on the company's strategic development direction, long-term business objectives and characteristic positioning. If the change is too frequent, it may affect the long-term implementation of decision-making, which is not conducive to the long-term stable development of enterprises.
On December 31,2019, the local BPC approved the qualifications of executives from two trust companies. One of them is Shanxi Trust, Lei Shujun Shanxi Trust Director, General Manager's qualifications approved by the Shanxi Banking Regulatory Bureau; the other is Minmetals Trust, Liu Guowei Minmetals Trust Chairman of the qualifications approved by the Qinghai Banking Regulatory Bureau.
Public information shows that liu guowei has long worked for minmetals group, previously deputy general manager of minmetals capital, a major shareholder of minmetals trust, and has served as deputy general manager of the financial business center of china minmetals group and general manager of the capital operation department of the financial business center and a member of the discipline inspection committee of minmetals investment development limited liability company.
《 Securities Daily reporters on the CBRC official website after combing the information found that in 2019, a total of 68 trust companies in the country, a total of 24, accounting for more than a third, a total of 28 new chairman or general manager to take office. Of these,15 were from within-firm promotions,8 from group job transfers and 5 from other financial institutions. Overall,23 of the 28 new executives have been moved within the group, so trust executives are mostly "family members ".
Another five new trust executives are on assignment and the original unit has no direct affiliation with the incumbent. In particular, gan yu, chairman of yunnan trust, served as general manager of ping an bank's legal compliance department; tian yueyong, chairman of huachen trust, served as deputy president of inner mongolia bank; han lixin, general manager of north trust, served as deputy general manager, executive deputy general manager and general manager of tianjin trust; wang rongwu, general manager of anxin trust, was former director of chongqing trust; and zhang hongdong, general manager of jilin trust, was former deputy director of jilin rural credit union.
Looking back at 2019, more than a third of trust companies have changed hands, with little impact on the trust industry. In an interview with the securities daily, shuai kuo, a trust researcher, said there were no more than the following reasons for the change of trust executives: first, the change of ownership of trust companies, resulting in changes in senior executives; second, the change of tenure or retirement, resulting in internal transfer; and third, the poor performance of trust companies, resulting in some senior executives changing jobs.
In the last two years, trust executives have changed frequently. Securities daily reporter learned that in 2018, there are also 24 trust companies chairman or general manager changes, the reasons for the changes include normal personnel transfer, shareholder changes affecting personnel adjustment and market-oriented departure from employment and so on.
《 Securities Daily reporter also found that in 2019, Zhejiang Jin Trust, Hua Chen Trust, Western Trust, Minsheng Trust four companies chairman, general manager turnover. Most of them are internal promotions. For example, the former president of Minsheng Trust, Zhang Bosheng, took over the post of chairman, and the former chief risk officer, Jishen Tian, took over the post.
In general, the trust company executives intensive changes, and the trust industry transformation of the background is closely linked to the \"strict supervision\" situation in 2019 undoubtedly put a lot of pressure on the operation of trust companies. Last year's regulatory environment continued to tighten and regulation became more specialized and refined, the use trust said in its research paper. The trust supervision work conference held in early 2019 proposed that the core of trust supervision in 2019 is \"three management, one improvement, one strengthening \", that is, managing strategy, managing risk, managing shareholders, improving the quality and effectiveness of serving the real economy, and strengthening party building. In view of the regulatory policy issued in the whole year of 2019, the main theme of the supervision work of the trust industry in the first half of the year is to manage the strategy and manage the risk, among which the \"23 text \"is the typical, and the supervision of the real estate trust business reaches a peak in a short time; in the second half of the year, the infrastructure construction of the supervision of the trust industry began to emerge, and in addition to the construction of the beneficial right account system of the trust company, the relevant policies of the equity management of the trust company have been introduced one after another.
“'s horizontal comparison with other financial institutions shows that the relative frequency of changes in senior management at trust companies in 2019 is a true reflection of the industry's transition pressures." "There is no denying that there will be some changes in the strategic planning and development goals of trust companies with frequent executive changes," Shuai told the daily. (Securities Daily)