TREE NEWS update: Bank of Beijing has launched a public recruitment drive for the general manager of its fund subsidiary Zhongjia Fund, following the departure of former GM Li Ying late last year. The position has been temporarily filled by CIO Chen Xin for over six months. The move aims to permanently fill the long-vacant role.
Bank of Beijing seeks new CEO for fund unit Zhongjia
The prolonged vacancy at Zhongjia Fund's top post signals governance friction or strategic recalibration within a state-linked bank's asset management arm. A public search rather than an internal promotion suggests the board seeks external talent to reset direction, possibly ahead of regulatory or product shifts. The interim CIO's extended tenure raises questions about stability and whether the fund's investment strategy is being held in limbo. What matters next is whether the hire signals a pivot toward scale or specialization, and how quickly the new GM can restore operational continuity.
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