Bank of Communications Appoints Zhang Baojiang as President, Succeeding Liu Jun

Bank of Communications has appointed Zhang Baojiang as its President, with the leadership change at one of China's six large state-owned commercial banks formally disclosed to the Hong Kong Stock Exchange in June 2024. Zhang succeeds Liu Jun, who resigned as president in May 2024. The board's appointment was subject to approval of his qualification by the National Financial Regulatory Administration and was disclosed to investors in Hong Kong in line with the bank's listing obligations on that exchange.

Bank of Communications is commonly referred to as BankComm. It was re-established in 1987 as China's first nationwide state-owned joint-stock commercial bank, and its shares are listed on both the Hong Kong Stock Exchange and the Shanghai Stock Exchange.