BG集团

BG集团

中国BG集团

Baidu
sogou

Governance

In accordance with the Company Law of China and CIC’s Articles of Association, the Board of Directors is responsible for establishing and overseeing the company’s development strategies, operational policies, and investment plans; determining major matters to be reported on to shareholders; approving the annual budget and final accounts; appointing and removing senior executives; and approving the establishment of internal management bodies.


The Board of Directors comprises Executive Directors, Non-Executive Directors, Independent Directors, and Employee Directors. The Remuneration Committee and the Executive Committee are subsets of the Board of Directors.


The Remuneration Committee assists the Board of Directors in examining and approving CIC's human resource strategies and remuneration mechanism; researches and establishes senior management's remuneration allocation system, reviewing their personal annual salary liquidation scheme; and supervises the implementation of senior management's remuneration policy.


The Executive Committee translates the guidance of the Board of Directors into detailed strategies and oversees CIC's day-to-day operations. It has the authority to make required operating decisions, including decisions on basic rules, institutional adjustments, operating mechanisms, performance evaluations, and remuneration.

Members

Peng Chun

Chairman and CEO

Mr. Peng Chun is Chairman and CEO of CIC. Immediately prior to this, he served as Chairman of the Board of Directors and Executive Director of Bank of Communications. Previously, he was Vice Chairman of the Board of Directors, Executive Director and President of Bank of Communications. Before that, he worked as Executive Vice President of CIC, Executive Director and President of Central Huijin. He also held several positions with Bank of Communications, including Executive Director and Executive Vice President; Executive Vice President; Director and Assistant to the President; General Manager of Urumqi Branch, Nanning Branch and Guangzhou Branch.

Mr. Peng, born in 1962, holds a master's degree in economics from School of Finance of People's Bank of China.

Mr. Peng Chun is Chairman and CEO of CIC. Immediately prior to this, he served as Chairman of the Board of Directors and Executive Director of Bank of Communications. Previously, he was Vice Chairman of the Board of Directors, Executive Director and President of Bank of Communications. Before that, he worked as Executive Vice President of CIC, Executive Director and President of Central Huijin. He also held several positions with Bank of Communications, including Executive Director and Executive Vice President; Executive Vice President; Director and Assistant to the President; General Manager of Urumqi Branch, Nanning Branch and Guangzhou Branch.

Mr. Peng, born in 1962, holds a master's degree in economics from School of Finance of People's Bank of China.

Ju Weimin

Vice Chairman and President

Mr. Ju Weimin is Vice Chairman and President of CIC. Previously, he served as Executive Vice President of CIC and President of CIC Capital. Prior to joining CIC, he was Executive Director and Executive Vice President of CITIC. He also held other positions at CITIC, including Chief Financial Officer, Director General of Finance Department, Chairman of CITIC Resources Holdings Limited and CITIC Trust Co., Ltd., as well as board member of China CITIC Bank Corporation Ltd. and CITIC Securities. Mr. Ju used to serve as Chairman of China Trustee Association as well.

Mr. Ju, born in 1963, holds a master's degree in economics from Renmin University of China.

Mr. Ju Weimin is Vice Chairman and President of CIC. Previously, he served as Executive Vice President of CIC and President of CIC Capital. Prior to joining CIC, he was Executive Director and Executive Vice President of CITIC. He also held other positions at CITIC, including Chief Financial Officer, Director General of Finance Department, Chairman of CITIC Resources Holdings Limited and CITIC Trust Co., Ltd., as well as board member of China CITIC Bank Corporation Ltd. and CITIC Securities. Mr. Ju used to serve as Chairman of China Trustee Association as well.

Mr. Ju, born in 1963, holds a master's degree in economics from Renmin University of China.

Shen Rujun

Executive Director and Executive Vice President

Mr. Shen Rujun is Executive Director and Executive Vice President of CIC. Prior to this, he served as Executive Director and Executive Vice President of Bank of Communications. Previously, he held several positions with the Industrial and Commercial Bank of China (ICBC), including President of Shandong Branch, General Manager of Finance Accounting Department, Vice President of Beijing Branch, and Deputy General Manager of Planning and Finance Department.

Mr. Shen was born in 1964 and holds a Ph.D. in Management from Technology and Economics School of Hohai University and was accorded Senior Accountant by ICBC.

Mr. Shen Rujun is Executive Director and Executive Vice President of CIC. Prior to this, he served as Executive Director and Executive Vice President of Bank of Communications. Previously, he held several positions with the Industrial and Commercial Bank of China (ICBC), including President of Shandong Branch, General Manager of Finance Accounting Department, Vice President of Beijing Branch, and Deputy General Manager of Planning and Finance Department.

Mr. Shen was born in 1964 and holds a Ph.D. in Management from Technology and Economics School of Hohai University and was accorded Senior Accountant by ICBC.

Ning Jizhe

Non-Executive Director

Mr. Ning Jizhe, Non-Executive Director of CIC, is Vice Chairman of the National Development and Reform Commission (Minister level) and Commissioner of the National Bureau of Statistics. Previously, he served as Deputy Director and then Director of Research Office of State Council, Deputy Head and then Head of Comprehensive Planning Department at the Western Region Development Office of State Council, and Deputy Director General of the Department of Development Planning at the State Development and Planning Commission.

Mr. Ning, born in 1956, holds a Ph.D. in economics from Renmin University of China.

Mr. Ning Jizhe, Non-Executive Director of CIC, is Vice Chairman of the National Development and Reform Commission (Minister level) and Commissioner of the National Bureau of Statistics. Previously, he served as Deputy Director and then Director of Research Office of State Council, Deputy Head and then Head of Comprehensive Planning Department at the Western Region Development Office of State Council, and Deputy Director General of the Department of Development Planning at the State Development and Planning Commission.

Mr. Ning, born in 1956, holds a Ph.D. in economics from Renmin University of China.

Zou Jiayi

Non-Executive Director

Ms. Zou Jiayi has been Non-Executive Director of CIC since her tenure as Vice Minister of Finance. Previously, she served as Vice Minister of Finance. Prior to that, she served as a member of the National Supervisory Commission and Vice Minister of Supervision. She also held several positions at the Ministry of Finance, including Assistant Minister of Finance, Director General of the International Economic Relations Department, Director General of the International Department, Head of the Foreign Financial and Economic Exchange Office, Executive Director for China at the World Bank, and Deputy Director General of the International Department.

Ms. Zou, born in 1963, holds a master’s degree in economics from Chinese Academy of Social Sciences.

Ms. Zou Jiayi has been Non-Executive Director of CIC since her tenure as Vice Minister of Finance. Previously, she served as Vice Minister of Finance. Prior to that, she served as a member of the National Supervisory Commission and Vice Minister of Supervision. She also held several positions at the Ministry of Finance, including Assistant Minister of Finance, Director General of the International Economic Relations Department, Director General of the International Department, Head of the Foreign Financial and Economic Exchange Office, Executive Director for China at the World Bank, and Deputy Director General of the International Department.

Ms. Zou, born in 1963, holds a master’s degree in economics from Chinese Academy of Social Sciences.

Ren Hongbin

Non-Executive Director

Mr. Ren Hongbin, Non-Executive Director of CIC, is Vice Minister of Commerce. Previously, he held positions at Ministry of Commerce including Assistant Minister, Director General of the Department of Foreign Trade and Deputy Director General of National Mechanic and Electronic Import and Export Office, Director General of the Department of World Trade Organization (WTO) Affairs and Director General of China WTO Notification and Inquiry Center, Vice President of China Academy of International Trade and Economic Cooperation (Director General level), Commercial Counsellor (Deputy Director General level) in China’s Embassy in Hungary, and Deputy Director General of the Department of European Affairs.

Mr. Ren, born in 1966, holds a master's degree in engineering from China University of Mining and Technology.

Mr. Ren Hongbin, Non-Executive Director of CIC, is Vice Minister of Commerce. Previously, he held positions at Ministry of Commerce including Assistant Minister, Director General of the Department of Foreign Trade and Deputy Director General of National Mechanic and Electronic Import and Export Office, Director General of the Department of World Trade Organization (WTO) Affairs and Director General of China WTO Notification and Inquiry Center, Vice President of China Academy of International Trade and Economic Cooperation (Director General level), Commercial Counsellor (Deputy Director General level) in China’s Embassy in Hungary, and Deputy Director General of the Department of European Affairs.

Mr. Ren, born in 1966, holds a master's degree in engineering from China University of Mining and Technology.

Liu Guiping

Non-Executive Director

Mr. Liu Guiping, Non-Executive Director of CIC, is Deputy Governor of People’s Bank of China. Previously, he served as Vice Chairman and President of China Construction Bank, Vice Mayor of Chongqing Municipal People’s Government, and Executive Vice President of CIC. Prior to that, he held several positions during his career at Agriculture Bank of China, including Head of Retail Banking/Retail Products, President of Shanghai Branch, Vice President and President of Fujian Branch, and Vice President of Shenzhen Branch.

Mr. Liu was born in 1966 and holds a Ph.D. in economics and was accorded Senior Economist. He is an awardee of the State Council Expert Special Allowance.

Mr. Liu Guiping, Non-Executive Director of CIC, is Deputy Governor of People’s Bank of China. Previously, he served as Vice Chairman and President of China Construction Bank, Vice Mayor of Chongqing Municipal People’s Government, and Executive Vice President of CIC. Prior to that, he held several positions during his career at Agriculture Bank of China, including Head of Retail Banking/Retail Products, President of Shanghai Branch, Vice President and President of Fujian Branch, and Vice President of Shenzhen Branch.

Mr. Liu was born in 1966 and holds a Ph.D. in economics and was accorded Senior Economist. He is an awardee of the State Council Expert Special Allowance.

Lu Lei

Non-Executive Director

Mr. Lu Lei, Non-Executive Director of CIC, is Deputy Administrator of the State Administration of Foreign Exchange. Previously, he held several positions at the People’s Bank of China including Director General of the Financial Stability Bureau and Director General of the Research Bureau. Prior to that, he served as Vice President and President of Guangdong University of Finance.

Mr. Lu, born in 1970, holds a Ph.D. in economics from School of Finance of People’s Bank of China.

Mr. Lu Lei, Non-Executive Director of CIC, is Deputy Administrator of the State Administration of Foreign Exchange. Previously, he held several positions at the People’s Bank of China including Director General of the Financial Stability Bureau and Director General of the Research Bureau. Prior to that, he served as Vice President and President of Guangdong University of Finance.

Mr. Lu, born in 1970, holds a Ph.D. in economics from School of Finance of People’s Bank of China.

Li Jiange

Independent Director

Mr. Li Jiange, Independent Director of CIC, is the Chairman of the Board of Trustees of Sun Yefang Foundation. He was Vice Chairman of Central Huijin, Chairman of ShenYin & WanGuo Securities co., Ltd., Chairman of China International Capital Corporation Limited CICC), Vice Minister of Development Research Center (DRC) of the State Council, Vice Minister of the State Council Office for Restructuring the Economic System, Vice Chairman and then Executive Vice Chairman of China Securities Regulatory Commission, Chief of Staff of the Securities Commission of the State Council. He had also worked as Deputy Director General and then Director General of the Department of Policy and Regulation of the State Economic and Trade Commission, Deputy Director General of Policy Research Office of the State Planning Commission.

Mr. Li, born in 1949, holds a master's degree in economics from Chinese Academy of Social Sciences.

Mr. Li Jiange, Independent Director of CIC, is the Chairman of the Board of Trustees of Sun Yefang Foundation. He was Vice Chairman of Central Huijin, Chairman of ShenYin & WanGuo Securities co., Ltd., Chairman of China International Capital Corporation Limited CICC), Vice Minister of Development Research Center (DRC) of the State Council, Vice Minister of the State Council Office for Restructuring the Economic System, Vice Chairman and then Executive Vice Chairman of China Securities Regulatory Commission, Chief of Staff of the Securities Commission of the State Council. He had also worked as Deputy Director General and then Director General of the Department of Policy and Regulation of the State Economic and Trade Commission, Deputy Director General of Policy Research Office of the State Planning Commission.

Mr. Li, born in 1949, holds a master's degree in economics from Chinese Academy of Social Sciences.

Bai Chong’en

Independent Director

Professor Bai, Independent Director of CIC, is Mansfield Freeman Chair Professor, Dean of the School of Economics and Management of Tsinghua University. He is also the Director of both the National Institute for Fiscal Studies of Tsinghua University and the Institute for State-Owned Enterprises of Tsinghua University. He used to serve as a member of the monetary policy committee of the People’s Bank of China. Prior to that, he served as Adjunct Vice-President of Beijing State-Owned Assets Management Co., Ltd. and a non-resident Senior Fellow of the Brookings Institution.

Professor Bai, born in 1963, earned his Ph.D. in economics from Harvard University.

Professor Bai, Independent Director of CIC, is Mansfield Freeman Chair Professor, Dean of the School of Economics and Management of Tsinghua University. He is also the Director of both the National Institute for Fiscal Studies of Tsinghua University and the Institute for State-Owned Enterprises of Tsinghua University. He used to serve as a member of the monetary policy committee of the People’s Bank of China. Prior to that, he served as Adjunct Vice-President of Beijing State-Owned Assets Management Co., Ltd. and a non-resident Senior Fellow of the Brookings Institution.

Professor Bai, born in 1963, earned his Ph.D. in economics from Harvard University.

Fan Yong

Employee Director

Mr. Fan Yong, an Employee Director, is Head of Human Resources of CIC. Immediately prior to this, he served as Director of Human Resources, Deputy Head and Head of Institutional Integrity of CIC. In his earlier career, Mr. Fan served as Deputy General Manager of Human Resources of China Galaxy Securities Co., Ltd., Deputy General Manager of Investment Management, Deputy Director General of President's Office and Head of Human Resources of China Economic Development Trust & Investment Company, and Principal Staff of Fiscal and Financial Department at the State Planning Commission.

Mr. Fan, born in 1961, holds a bachelor's degree in economics from Zhongnan University of Economics and Law.

Mr. Fan Yong, an Employee Director, is Head of Human Resources of CIC. Immediately prior to this, he served as Director of Human Resources, Deputy Head and Head of Institutional Integrity of CIC. In his earlier career, Mr. Fan served as Deputy General Manager of Human Resources of China Galaxy Securities Co., Ltd., Deputy General Manager of Investment Management, Deputy Director General of President's Office and Head of Human Resources of China Economic Development Trust & Investment Company, and Principal Staff of Fiscal and Financial Department at the State Planning Commission.

Mr. Fan, born in 1961, holds a bachelor's degree in economics from Zhongnan University of Economics and Law.

BG集团

Baidu
sogou
Baidu
sogou