ICBC Asia
Since June 2016, Mr. Shen Bingxi has been taking the post of the external supervisor of Industrial and Commercial Bank of China (ICBC). He once served as the deputy head of Financial Market Section of Department of Financial System Reform of People’s Bank of China (PBOC), the head of System Reform Office & Monetary Policy Research Section of Policy Research Office of CPC Central Committee, the head of Monetary Policy Research Section of Research Department, chief representative of Representative Office of PBOC in Tokyo, deputy director and inspector at departmental level of the Financial Markets Department of PBOC and the non-executive director of Agricultural Bank of China. At present, he serves part-time as a visiting professor at Tsinghua University, Zhejiang University and Nankai University. He obtained his doctorate in economics from Renmin University of China, and is also a researcher.
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ICBC Asia
Industrial and Commercial Bank of China (Asia) Limited (“ICBC (Asia)”) is the flagship of overseas business of Industrial and Commercial Bank of China Limited (“ICBC”) – currently the largest commercial bank in China, and it is one of the domestic systemically important banks (D-SIBs) in Hong Kong. Currently, ICBC (Asia) has 57 retail outlets (including 29 “Elite Club” Wealth Management Centres) in Hong Kong. It is engaged in commercial banking, investment banking and other financial services, including those of securities, insurance and funds, with a focus on commercial and retail banking as well as global market business. Chinese Mercantile Bank and ICBC Asset Management (Global) Company Limited, two wholly-owned subsidiaries of ICBC (Asia), specialize in Renminbi services in mainland China and ICBC’s global asset management business respectively.