Lates News

The Industrial Bank Rui Xin Fund announced that General Manager Gao Chong will leave his position due to "job transfer" starting from August 28, 2025, and Chairman Zhao Guicai will take over as acting General Manager. Public information shows that Gao Chong took office as the Deputy Secretary of the Party Committee and General Manager of the Industrial Bank Rui Xin in July 2021. During his tenure, the total management scale of Industrial Bank Rui Xin increased from 1.7 trillion yuan to over 2.1 trillion yuan. It is understood from industry insiders that this change is a personnel adjustment within the group, with "another appointment for promotion". There is currently no further information about the replacement arrangement. Some industry insiders pointed out that after twenty years of profound accumulation, Industrial Bank Rui Xin is very mature in all aspects of corporate governance, investment management, risk control, and talent team. As a fund company controlled by Industrial and Commercial Bank of China, its governance structure and corporate culture are both solid. The strategic stability and operational quality will not be affected by individual adjustments. Under the leadership of the Party Secretary and Chairman Zhao Guicai, the senior executives will continue to maintain a stable and forward-looking posture. (Economic Observer).