China CITIC Bank Management
Management criteria checks 2/4
China CITIC Bank's CEO is Cheng Liu, appointed in Jan 2023, has a tenure of 1.25 years. total yearly compensation is CN¥2.03M, comprised of 79.9% salary and 20.1% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth €494.13K. The average tenure of the management team and the board of directors is 4.5 years and 2.6 years respectively.
Key information
Cheng Liu
Chief executive officer
CN¥2.0m
Total compensation
| CEO salary percentage | 79.9% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.001% |
| Management average tenure | 4.5yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CN¥62b |
| Sep 30 2023 | n/a | n/a | CN¥62b |
| Mar 31 2023 | n/a | n/a | CN¥59b |
| Dec 31 2022 | CN¥2m | CN¥2m | CN¥57b |
Compensation vs Market: Cheng's total compensation ($USD280.00K) is below average for companies of similar size in the German market ($USD5.57M).
Compensation vs Earnings: Insufficient data to compare Cheng's compensation with company performance.
CEO
Cheng Liu (56 yo)
1.3yrs
Tenure
CN¥2,027,000
Compensation
Mr. Cheng Liu served as Executive Vice President of China CITIC Bank Corporation Limited since January 07, 2022 until 2023 and serves as its President since 2023 and serves as its Executive Director since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.6yrs | no data | 0.0017% CN¥ 726.4k | |
| President & Executive Director | 1.3yrs | CN¥2.03m | 0.0012% CN¥ 494.1k | |
| VP & Chief Risk Officer | 4.3yrs | CN¥1.93m | 0.0030% CN¥ 1.3m | |
| Secretary of the Board & Joint Company Secretary | 4.8yrs | CN¥1.81m | 0.0010% CN¥ 435.0k | |
| Head of the Financial & Accounting Department | no data | no data | no data | |
| Joint Company Secretary | 17.2yrs | no data | no data |
4.5yrs
Average Tenure
56yo
Average Age
Experienced Management: D7C's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.6yrs | no data | 0.0017% CN¥ 726.4k | |
| President & Executive Director | 2.3yrs | CN¥2.03m | 0.0012% CN¥ 494.1k | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Director | 5.6yrs | no data | no data | |
| Non-Executive Director | 7.4yrs | no data | no data | |
| Employee Representative Supervisor | 2.1yrs | no data | 0.00066% CN¥ 278.7k | |
| Employee Representative Supervisor | 6.6yrs | no data | 0.00035% CN¥ 147.8k | |
| Chairman of Board of Supervisor | 3.9yrs | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Director | 3yrs | no data | no data | |
| Independent Non-Executive Director | 1.8yrs | CN¥150.00k | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
2.6yrs
Average Tenure
55.5yo
Average Age
Experienced Board: D7C's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.