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# ICBC Names Senior Executive Vice President Yao Mingde as Chief Financial Officer
- URL: https://www.theglobalbanker.com/icbc-names-yao-mingde-first-ever-standalone-chief-financial-officer-september-2025/
- Published: 2025-09-30T14:12:00.000Z
- Updated: 2026-10-02T14:11:01.000Z
- Description: ICBC formally appointed Senior Executive Vice President Yao Mingde as concurrent CFO on 30 September 2025, after the NFRA approved his qualification.
- Author: TGB Editorial Team
- Tags: Executive Moves, Asia-Pacific, #archive

Industrial and Commercial Bank of China has appointed Yao Mingde, its Senior Executive Vice President, to the concurrent role of Chief Financial Officer, following formal regulatory approval from the National Financial Regulatory Administration on 30 September 2025.

The ICBC board approved the appointment in late August 2025, subject to the NFRA's formal sign-off. The confirmation by China's principal banking regulator made Yao's appointment as concurrent CFO of the world's largest bank by assets effective.

#### CONCURRENT ROLE Yao, a Senior Executive Vice President of the bank, will hold the CFO role concurrently.

The NFRA expanded its supervisory mandate following a restructuring of China's financial regulatory landscape in 2023.

#### CONCURRENT BOARD SECRETARY TRANSITION

In a separate announcement on the same day, ICBC said the qualification of Tian Fenglin, a Senior Business Director whom the board approved on 29 August 2025, as concurrent Board Secretary had taken effect.