China CITIC Bank Corporation Limited

XSSC:601998 Stock Report

Market Cap: CN¥311.8b

China CITIC Bank Management

Management criteria checks 3/4

China CITIC Bank's CEO is Cheng Liu, appointed in Jan 2023, has a tenure of 1.67 years. directly owns 0.001% of the company’s shares, worth CN¥3.81M. The average tenure of the management team and the board of directors is 3.2 years and 2.6 years respectively.

Key information

Cheng Liu

Chief executive officer

CN¥2.4m

Total compensation

CEO salary percentagen/a
CEO tenure1.7yrs
CEO ownership0.001%
Management average tenure3.2yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Cheng Liu's remuneration changed compared to China CITIC Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

CN¥62b

Mar 31 2024n/an/a

CN¥62b

Dec 31 2023CN¥2mn/a

CN¥62b

Sep 30 2023n/an/a

CN¥62b

Jun 30 2023n/an/a

CN¥59b

Mar 31 2023n/an/a

CN¥59b

Dec 31 2022CN¥2mCN¥2m

CN¥57b

Compensation vs Market: Cheng's total compensation ($USD335.50K) is about average for companies of similar size in the CN market ($USD409.22K).

Compensation vs Earnings: Cheng's compensation has been consistent with company performance over the past year.


CEO

Cheng Liu (57 yo)

1.7yrs

Tenure

CN¥2,352,500

Compensation

Mr. Cheng Liu is Non-Executive Director of China CITIC Bank International Limited from September 28, 2023. He served as Executive Vice President of China CITIC Bank Corporation Limited since January 07, 20...


Leadership Team

NamePositionTenureCompensationOwnership
Heying Fang
Executive Chairman6yrsno data0.0017%
CN¥ 5.3m
Cheng Liu
President & Executive Director1.7yrsCN¥2.35m0.0012%
CN¥ 3.6m
Gang Hu
VP & Chief Risk Officer4.8yrsCN¥2.23m0.0030%
CN¥ 9.3m
Qing Zhang
Secretary of the Board & Joint Company Secretary5.2yrsCN¥1.87m0.0010%
CN¥ 3.2m
Xue Fengqing
Head of the Financial & Accounting Departmentno datano datano data
Chun Zhang
Employee Representative Supervisor and Deputy GM of the Bank's Culture & Labor Union Departmentno datano datano data
Yuet Fan Cheung
Joint Company Secretaryless than a yearno datano data

3.2yrs

Average Tenure

57yo

Average Age

Experienced Management: 601998's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Heying Fang
Executive Chairman6yrsno data0.0017%
CN¥ 5.3m
Cheng Liu
President & Executive Director2.7yrsCN¥2.35m0.0012%
CN¥ 3.6m
Chun Zhang
Employee Representative Supervisor and Deputy GM of the Bank's Culture & Labor Union Departmentless than a yearno datano data
Huacheng Wang
Independent Non-Executive Directorless than a yearCN¥69.70kno data
Guoqiang Cao
Non-Executive Director6yrsno datano data
Fang Huang
Non-Executive Director7.8yrsno datano data
Pusheng Cheng
Employee Representative Supervisor2.5yrsno data0.00066%
CN¥ 2.1m
Guobin Wei
Chairman of Board of Supervisor4.3yrsno datano data
Bowen Zhou
Independent Non-Executive Director1.1yrsCN¥90.00kno data
Yankang Wang
Non-Executive Director3.4yrsno datano data
Tsz Bun Liu
Independent Non-Executive Director2.3yrsCN¥298.60kno data
Fangxiu Song
Independent Non-Executive Directorless than a yearCN¥51.90kno data

2.6yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 601998's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.