The Board of Supervisors has the authority and responsibilities to oversee the company's accounting and financial activities. The Board also has the mandate to monitor the ethical conduct of the members of the Board of Directors and senior executives. In situations where members of the Board of Directors or senior management have broken laws, regulations, ethical rules, or committed other breaches in conduct, the Board is empowered to call for disciplinary action or the removal of those directors or executives. The Board of Supervisors is empowered to amend the supervisory procedures to ensure appropriate levels of supervision.
The Board of Supervisors has five seats and is composed of a chairman, three supervisors, and an employee supervisor.
Chairman of Board of Supervisors
Mr. Jin Liqun is the Chairman of the Board of Supervisors of CIC. Prior to this appointment he served as the Vice President (Operations 1) of the Asian Development Bank (ADB). Before joining the ADB in August 2003, he served as Deputy Minister of Finance, Director General of the World Bank Department at the Ministry of Finance, and Executive Deputy Director of China to the World Bank Group. He was a member of the Monetary Policy Committee of the People’s Bank of China. Currently he also serves as Chair of the International Forum of Sovereign Wealth Fund.
Mr. Jin was born in 1949 and holds a masters degree from Beijing Foreign Studies University, and was a Hubert Humphrey Fellow in the Economics Graduate Program at Boston University.
Mr. Dong Dasheng is a member of the Board of Supervisors of CIC. He is currently Deputy Auditor General of the National Audit Office. Prior to joining CIC, he served at the National Audit Office where he held various positions including Director General of the Department of Monetary Audit, Director General of the Auditing Research Institute and Deputy Director General of the Department of Fiscal Audit. He also served as the Deputy Director of the Administration Committee of the Pudong New Area of Shanghai.
Mr. Dong was born in1954 and holds a Ph.D degree in economics.
Mr. Zhou Mubing is a member of the Board of Supervisors of CIC. He is currently the Vice Chairman of the China Banking Regulatory Commission. In his previous appointments, he served as Director of the Policy Research Department of the Industrial and Commercial Bank of China (ICBC), President of the Fujian branch of the ICBC, Director of Yubei district of Chongqing city, Secretary General of the Party Committee of the Yubei district of Chongqing city, Director General of the General Office and Secretary General of the Chongqing Municipal Government.
Mr. Zhou was born in 1957 and holds a Ph.D degree in economics.
Mr. Zhuang Xinyi is a member of the Board of Supervisors of CIC. He is currently the Vice Chairman of China’s Securities Regulatory Commission (CSRC). Previously he served as Deputy Director of the Office of the State Council’s Securities Commission, Vice President of Trust Investment Co.,Ltd. of the Construction Bank of China, Party Secretary and President of the Shenzhen Stock Exchange, Inspector of the Office of the State Council’s Securities Commission, Director of the Training Centre of CSRC, Deputy Mayor of Shenzhen city, Chairman and Party Secretary of the Securities Association of China, Assistant to Chairman of CSRC.
Mr.Zhuang was born in 1955 and holds a Ph.D degree in economics.
Mr. Cui Guangqing is an Employee Supervisor and the Head of the Supervisory Board Ofce/Internal Audit Department of CIC. Prior to joining CIC, he served at the National Audit Ofce where he held various positions including Director General of the Information and Postal Audit Ofce and Deputy Director General of the Department of Monetary Audit.
Mr. Cui was born in 1964 and holds a Ph.D degree in economics from Xi'an Jiaotong University.