Bao Jian resigns as president of Changshu Bank

Jiangsu Changshu Rural Commercial Bank announced that Bao Jian, an executive director and president, has resigned from his positions due to work-related changes, effective November 13, 2025. Bao will also step down as a member of the bank’s Strategy and Rural Finance Services Committee. His original term was set to expire on December 28, 2026. Following his resignation, Bao will no longer hold any other positions within the bank.

The bank confirmed that Bao Jian’s departure will not impact the minimum number of board members required by law or the normal operations of the board. He has completed all necessary handover procedures and has no unfulfilled public commitments to the bank.

The bank expressed gratitude for Bao Jian’s nearly two decades of service, highlighting his contributions to the bank's growth, including spearheading the "Changyin Micro Gold" small and micro finance model and implementing key national economic and financial policies. Under his leadership, the bank achieved significant improvements in operational efficiency, risk management, and brand influence, leading to parallel growth in scale and profitability.