Bank of Gansu proposes new executive director and president

Bank of Gansu's board of directors announced the proposed appointment of Shi Hailong, 52, as an executive director and president of the bank. The decision was made at a board meeting held on September 15, 2025.

Shi's term as an executive director will commence upon approval of his qualification by the NFRA Gansu Office and will last until the expiry of the fourth session of the board. Concurrently, he will serve as acting president from September 15, 2025, pending approval of his senior management qualifications by the NFRA Gansu Office.

Shi, who holds a bachelor's degree, has a diverse background in the financial sector. His previous roles include positions at the Gansu Branch of China Construction Bank, China Cinda Asset Management Corporation, the Financial Affairs Office of the Gansu Provincial Government, and leadership roles within the Gansu Province Rural Credit Union and Lanzhou Rural Commercial Bank. He has been appointed as the deputy secretary of the Party Committee of the bank since September 2025.

His remuneration will be determined based on the bank's policies, considering his position and performance, and will include a base salary, performance-based remuneration, corporate annuity, staff benefits, social insurance, and housing provident fund. A general meeting will be held to approve his election as an executive director.