ICBC appoints new CFO, publishes 2025 sustainability report

ICBC's board of directors approved the appointment of Mr. Yao Mingde as chief financial officer and vice president, effective September 30, 2025, following regulatory approval. This appointment coincides with the release of the "Industrial and Commercial Bank of China 2025 Semi-Annual Corporate Social Responsibility and Sustainable Finance Thematic Report," which details the bank's work in governance, technology, green finance, and inclusive finance.

The 2025 semi-annual sustainability report, verified by a third party, outlines ICBC’s progress in supporting national strategies and high-quality financial development. The bank emphasizes its role as a leading financial institution, focusing on intelligent risk control, digital empowerment, and an ecological foundation to promote economic, environmental, and social coordination. The report features comprehensive data, including green finance loan balances exceeding 6 trillion yuan, a 17.3% increase in inclusive finance loans, and the issuance of 980 bn yuan in green bonds.

The report also details ICBC's efforts in consumer rights protection, human capital development, and digital finance, with a significant increase in mobile banking customers to over 600m. This holistic approach reflects the bank's dedication to integrating sustainability into its core operations and governance.