Bank of Beijing appoints Liu Yang as board secretary

Bank of Beijing (SSE:601169) has appointed Liu Yang as its new board secretary, succeeding Cao Zhuo, according to a recent announcement. The decision was formalized during the bank’s seventh board meeting of 2025, held on June 27 in Beijing, where all 13 directors were present. The board also expressed gratitude to Cao Zhuo for his contributions during his tenure, before Liu Yang’s term begins. Liu Yang previously served as the Director of the General Office of Beijing Municipal Financial Supervision and Administration. Furthermore, during its third extraordinary meeting in 2025, the board approved resolutions to optimize the setup of departments within the head office and adjust the organizational structure of risk management. All resolutions were passed unanimously by the shareholders present, marking a notable shift in the bank's operational framework.