progressiveblackjack| Lu Wei, general manager of CITIC Trust, was promoted to chairman

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CITIC Trust Company announced the change of commander. Recently, the official website of the State Financial Supervision Administration disclosed that it approved the qualifications of the chairman of Reed CITIC Trust Co., Ltd.

According to public information, Lu Wei was born in October 1971 and worked for Beijing Youth Industrial Group Company from July 1994 to January 1997. In January 7,progressiveblackjackHe joined CITIC Bank and served successively as Deputy General Manager of the Business Department of the Head Office of CITIC Bank (now Beijing Branch), General Manager of the Planning and Finance Department, General Manager of the Asset and Liability Department of CITIC Bank, Secretary of the Board of Directors, Company Secretary, Authorized Representative, Business Director, Deputy Leader of the Preparatory Group of Hong Kong Branch and Director of CITIC Baixin Bank Co., Ltd.

It is understood that Lu Wei was a senior executive of CITIC Bank before joining CITIC Trust. According to CITIC Bank's 2022 semi-annual report, Lu Wei was a member of the Party Committee and Vice President of CITIC Bank at that time, and concurrently served as Party Secretary and President of CITIC Bank Shenzhen Branch and Director of Algin Bank.

In October 2022, Lu Wei was appointed by CITIC Group as Secretary of the Party Committee of CITIC Trust, and Li Zimin, former Secretary of the Party Committee and General Manager, was transferred to the President and Executive Director of China Huarong; in March 2023, the position of General Manager of Lu Wei CITIC Trust was approved by the regulatory authorities; In June 2023, he was approved to serve as director and vice chairman of CITIC Trust, and continued to serve as general manager. In more than a year, Lu Wei completed his promotion from general manager to chairman of CITIC Trust.

progressiveblackjack| Lu Wei, general manager of CITIC Trust, was promoted to chairman

The 2023 annual report released by CITIC Trust shows that during the reporting period, CITIC Trust achieved a total operating income of 49%progressiveblackjack76 billion yuan decreased by 22.71% year-on-year; net profit was 2.628 billion yuan, a year-on-year decrease of 12.85%; the balance of trust assets of CITIC Trust exceeded 2 trillion yuan for the first time, reaching 2.06 trillion yuan, an increase of 33.65% from the beginning of the period.

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