ccb-appoints-new-cfo-and-chief-risk-officer

CCB appoints new CFO and chief risk officer

Pang Xiusheng and Zhu Xiaohuang accept executive positions as the bank looks to further build corporate governance capabilities.

By Andrew Peck

June 15, 2006

China Construction Bank CCB, one of the MainlandÆs big four banks, has announced the appointments of chief financial officer CFO and chief risk officer. Both appointments are internal and according to CCB, were selected on the basis of their solid experience and track record in the banking sector, coupled with extensive knowledge in the China market and the reforms of the China banking sector.

Pang Xiusheng will take on the position of chief financial officer for CCB after 26 years in its employment. As CFO, PangÆs main responsibilities will include assisting the president or authorised vice-presidents in the formation of its financial management strategy, as well as assisting in business process improvement...

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