Bank of Shanghai elects new chairman, president in leadership overhaul

Bank of Shanghai held its second extraordinary general meeting of shareholders on December 26, 2025, approving several key proposals, including the revision of the "Directors' Remuneration Management Measures" and the election of a new board of directors. All ordinary resolutions passed with over 50% of voting shares present, while cumulative voting for independent directors also saw successful elections. Gu Jianzhong was elected as an executive director with 99.6311% of votes, and Shi Hongmin as an executive director with 99.7076% of votes.

Concurrently, the board of directors convened its 12th meeting on December 26, 2025, unanimously electing Gu Jianzhong as the new chairman and Shi Hongmin as vice chairman. The board also established its specialized committees, appointing key members, including Gu Jianzhong as head of the Strategy Committee and Shi Hongmin as head of the Consumer Rights Protection Committee.

Further management appointments were made, with Shi Hongmin named president and chief financial officer, Hu Debin as chief information officer, Li Xiaohong as board secretary, and Liu Fang as chief audit officer, pending regulatory approval. Zhu Shuyuan and Wu Jun were appointed business directors.