On March 4, the news learned that Xiao Yuanqi, the chief risk officer and spokesperson of the China Banking and Insurance Regulatory Commission, has been promoted to vice chairman of the China Banking Regulatory Commission. Huang Hong and Zhu Shumin, the vice-chairmen of the China Banking Regulatory Commission, who have reached the age of 60, have stepped down. Currently, the official website of the China Banking and Insurance Regulatory Commission has updated relevant information.

After this personnel adjustment, the China Banking and Insurance Regulatory Commission has formed a “three-determined plan” with one chairman and four vice-chairmen, namely, the chairman Guo Shuqing, Vice Chairman Cao Yu, Zhou Liang, Liang Tao, Xiao Yuanqi. Xiao Yuanqi was also the first vice chairman promoted internally after the establishment of the China Banking and Insurance Regulatory Commission. In addition, the leader of the Discipline Inspection and Supervision Team of the Central Commission for Discipline Inspection and the State Supervision Commission in the China Banking and Insurance Regulatory Commission is Li Xinran. Leader of the China Banking and Insurance Regulatory Commission.

Leaders of the China Banking and Insurance Regulatory Commission.

Xiao Yuanqi, born in 1966, is from Hengyang, Hunan. He graduated from the International Finance Department of Wuhan University School of Economics and Management with a bachelor’s degree, and graduated with a master’s degree from the Graduate School of the People’s Bank of China (now Tsinghua Wudaokou School of Finance).

After graduating from the Graduate School of the Central Bank, Xiao Yuanqi joined the People’s Bank of China and served as a cadre and director of the Foreign Affairs Bureau, the Management Department of Foreign Financial Institutions, and the Bank Supervision Department I. Worked at the People’s Bank of China in the Americas and Macau Monetary Authority for nearly five years.

In 2003, after the establishment of the original CBRC, Xiao Yuanqi successively served as the director of the World Trade Organization Division of the Third Division of Banking Supervision of the former CBRC, and a member of the Party Committee and Deputy Director of the Guangdong Supervision Bureau. Deputy Director of the Second Department of Banking Supervision, Secretary of the Party Committee and Director of the Chongqing Supervision Bureau, Director of the Second Department of Banking Supervision, Director of the First Department of Banking Supervision, and Director of the Prudential Regulation Bureau.

After the establishment of the China Banking and Insurance Regulatory Commission, Xiao Yuanqi served as Director of the General Office (Party Committee Office), Chief Risk Officer and Press Spokesperson.

On January 22, when Xiao Yuanqi, the then chief risk officer and spokesperson of the China Banking and Insurance Regulatory Commission, answered questions from journalists at a press conference held by the Information Office of the State Council Said that the China Banking and Insurance Regulatory Commission will further pay attention to the network mutual assistance of network companies, understand how it operates, analyze its risk situation, and take corresponding measures.