China Merchants Bank Management
Management criteria checks 3/4
China Merchants Bank's CEO is Liang Wang, appointed in Jun 2022, has a tenure of 1.83 years. total yearly compensation is CN¥3.45M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth HK$11.16M. The average tenure of the management team and the board of directors is 1.2 years and 4.7 years respectively.
Key information
Liang Wang
Chief executive officer
CN¥3.5m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.001% |
| Management average tenure | 1.2yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CN¥3m | CN¥3m | CN¥142b |
| Sep 30 2023 | n/a | n/a | CN¥140b |
| Jun 30 2023 | n/a | n/a | CN¥139b |
| Mar 31 2023 | n/a | n/a | CN¥136b |
| Dec 31 2022 | CN¥6m | CN¥4m | CN¥133b |
| Sep 30 2022 | n/a | n/a | CN¥130b |
| Jun 30 2022 | n/a | n/a | CN¥125b |
| Mar 31 2022 | n/a | n/a | CN¥120b |
| Dec 31 2021 | CN¥3m | CN¥3m | CN¥116b |
| Sep 30 2021 | n/a | n/a | CN¥113b |
| Jun 30 2021 | n/a | n/a | CN¥107b |
| Mar 31 2021 | n/a | n/a | CN¥100b |
| Dec 31 2020 | CN¥3m | CN¥3m | CN¥96b |
| Sep 30 2020 | n/a | n/a | CN¥91b |
| Jun 30 2020 | n/a | n/a | CN¥90b |
| Mar 31 2020 | n/a | n/a | CN¥94b |
| Dec 31 2019 | CN¥3m | CN¥3m | CN¥91b |
| Sep 30 2019 | n/a | n/a | CN¥89b |
| Jun 30 2019 | n/a | n/a | CN¥85b |
| Mar 31 2019 | n/a | n/a | CN¥81b |
| Dec 31 2018 | n/a | n/a | CN¥79b |
| Sep 30 2018 | n/a | n/a | CN¥79b |
| Jun 30 2018 | n/a | n/a | CN¥76b |
| Mar 31 2018 | n/a | n/a | CN¥73b |
| Dec 31 2017 | CN¥4m | n/a | CN¥70b |
Compensation vs Market: Liang's total compensation ($USD476.83K) is below average for companies of similar size in the Hong Kong market ($USD717.19K).
Compensation vs Earnings: Liang's compensation has been consistent with company performance over the past year.
CEO
Liang Wang (58 yo)
1.8yrs
Tenure
CN¥3,453,000
Compensation
Mr. Liang Wang had been the Secretary of the Board at China Merchants Bank Co., Ltd. since August 19, 2021 until April 28, 2023 and also serves as its President and Chief Executive Officer since June 2022....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.8yrs | CN¥3.45m | 0.0012% CN¥ 11.2m | |
| Company Secretary | 1.2yrs | CN¥2.41m | 0.00088% CN¥ 8.3m | |
| Chief Information Officer | 4.4yrs | CN¥2.77m | 0.00092% CN¥ 8.6m | |
| Executive Vice President | 4.8yrs | CN¥2.87m | 0.00083% CN¥ 7.8m | |
| Chief Risk Officer | 3.8yrs | CN¥2.82m | 0.00079% CN¥ 7.4m | |
| Executive Vice President | 1.3yrs | CN¥2.63m | 0.00070% CN¥ 6.6m | |
| Executive Vice President | less than a year | CN¥1.23m | 0.00025% CN¥ 2.3m | |
| Executive Assistant President | 1.2yrs | CN¥2.41m | 0.00091% CN¥ 8.5m | |
| Executive Assistant President | less than a year | CN¥148.50k | 0.00079% CN¥ 7.4m | |
| Executive Assistant President | less than a year | CN¥149.10k | 0.0010% CN¥ 9.9m | |
| General Manager of Finance & Accounting Department | no data | no data | no data | |
| President of Corporate Finance Department | no data | no data | no data |
1.2yrs
Average Tenure
54.5yo
Average Age
Experienced Management: 3968's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.7yrs | CN¥3.45m | 0.0012% CN¥ 11.2m | |
| Chief Risk Officer | less than a year | CN¥2.82m | 0.00079% CN¥ 7.4m | |
| Independent Non-Executive Director | 7.2yrs | CN¥500.00k | no data | |
| Non-Executive Chairman of Board | 3.6yrs | no data | no data | |
| Independent Non-Executive Director | 2.7yrs | CN¥500.00k | no data | |
| Independent Non-Executive Director | 5.4yrs | CN¥500.00k | no data | |
| Non-Executive Director | 7.4yrs | no data | no data | |
| Independent Non-Executive Director | 5.4yrs | CN¥500.00k | no data | |
| Non-Executive Director | 5.5yrs | no data | 0.000090% CN¥ 844.4k | |
| Independent Non-Executive Director | 4.7yrs | CN¥500.00k | no data | |
| Independent Non-Executive Director | 2.7yrs | CN¥500.00k | no data | |
| Non-Executive Director | 1.5yrs | no data | no data |
4.7yrs
Average Tenure
57yo
Average Age
Experienced Board: 3968's board of directors are considered experienced (4.7 years average tenure).