Governance
The Board of Supervisors, responsible for monitoring the ethical behavior of directors and executives as well as the effectiveness of supervisory procedures within the company, reports directly to the shareholder. Also in charge of the Department of Internal Audit, the Board of Supervisors selects outside auditors and monitors CIC's accounting and financial functions. The Chairman of the Board of Supervisors is a member of the Executive Committee and sits as an observer in meetings of the Board of Directors.
The Board of Supervisors is supported by the Supervisory Committee and the Audit Committee.
The Supervisory Committee supervises the professional and ethical behavior of members of the Board of Directors and senior executives. It corrects their behaviors and monitors the company's daily operations. And it guides and administers other Boards of Supervisors of Central Huijin's portfolio holdings.
The Audit Committee monitors and reviews the company's financial and accounting functions, including financial operations and financial statements. It audits outgoing executives and senior managements. And it is responsible for providing comments on business plans and strategies and guiding the Department of Internal Audit.
Members
Supervisor
Mr. Zhang Tong, Supervisor of CIC, is a member of the CPC Leadership Group at National Audit Office and Director of Central Economic Responsibility Auditing Joint Conference's Office. Prior to this, he was Vice Governor of Hubei Province and held several positions at Ministry of Finance, including Assistant Minister, Director of the General Office, Director General of the Treasury Department, Deputy Director General of the Treasury Department, and Deputy Director General of the Department of Local Affairs.
Mr. Zhang, born in 1956, holds a Ph.D. in economics from Xiamen University.
Mr. Zhang Tong, Supervisor of CIC, is a member of the CPC Leadership Group at National Audit Office and Director of Central Economic Responsibility Auditing Joint Conference's Office. Prior to this, he was Vice Governor of Hubei Province and held several positions at Ministry of Finance, including Assistant Minister, Director of the General Office, Director General of the Treasury Department, Deputy Director General of the Treasury Department, and Deputy Director General of the Department of Local Affairs.
Mr. Zhang, born in 1956, holds a Ph.D. in economics from Xiamen University.
Supervisor
Mr. Wang Zhaoxing, Supervisor of CIC, is Vice Chairman of the China Banking Regulatory Commission (CBRC). Previously, he served as Assistant Chairman and Director General of Banking Supervision Department III of CBRC, as well as Head of China Banking Supervision Group (Director-General-level) and Deputy Director General of Bank Supervision Department I of the People's Bank of China.
Mr. Wang, born in 1959, holds a Ph.D. in economic from Shaanxi University of Finance and Economics.
Mr. Wang Zhaoxing, Supervisor of CIC, is Vice Chairman of the China Banking Regulatory Commission (CBRC). Previously, he served as Assistant Chairman and Director General of Banking Supervision Department III of CBRC, as well as Head of China Banking Supervision Group (Director-General-level) and Deputy Director General of Bank Supervision Department I of the People's Bank of China.
Mr. Wang, born in 1959, holds a Ph.D. in economic from Shaanxi University of Finance and Economics.
Supervisor
Mr. Jiang Yang, Supervisor of CIC, is Vice Chairman of China Security Regulatory Commission (CSRC). Previously, he served as Assistant Chairman of CSRC, President of the Shanghai Futures Exchange, Director of Intermediary Supervision Department of CSRC, Deputy Director General of the Non-banking Financial Institutions Regulation Department and Deputy Director of the General Office at People's Bank of China.
Mr. Jiang, born in 1956, holds a Ph.D. in economics.
Mr. Jiang Yang, Supervisor of CIC, is Vice Chairman of China Security Regulatory Commission (CSRC). Previously, he served as Assistant Chairman of CSRC, President of the Shanghai Futures Exchange, Director of Intermediary Supervision Department of CSRC, Deputy Director General of the Non-banking Financial Institutions Regulation Department and Deputy Director of the General Office at People's Bank of China.
Mr. Jiang, born in 1956, holds a Ph.D. in economics.
Employee Supervisor
Mr. Cui Guangqing an Employee Supervisor, is Deputy Head of the Discipline Inspection Commission and Head of the Supervisory Board Office/Internal Audit Department of CIC. Before joining CIC, he served at the National Audit Office, where he held various positions, including Director General of the Information and Postal Audit Office and Deputy Director General of the Department of Monetary Audit.
Mr. Cui, born in 1964, holds a Ph.D. in economics from Xi'an Jiaotong University.
Mr. Cui Guangqing an Employee Supervisor, is Deputy Head of the Discipline Inspection Commission and Head of the Supervisory Board Office/Internal Audit Department of CIC. Before joining CIC, he served at the National Audit Office, where he held various positions, including Director General of the Information and Postal Audit Office and Deputy Director General of the Department of Monetary Audit.
Mr. Cui, born in 1964, holds a Ph.D. in economics from Xi'an Jiaotong University.
