Qualifications approved! The President of Sichuan Tianfu Bank is confirmed: "Veteran" of 30 years in finance, Wang Cheng, takes over, speeding up strategic transformation.

On February 26th, the Sichuan Regulatory Bureau of the China Banking and Insurance Regulatory Commission approved Wang Cheng as the President of Sichuan Tianfu Bank. The former president, Zhong Hui, will be transferred to the position of Vice Chairman in September 2025. Wang Cheng has 30 years of experience in the banking industry, and his qualifications for the position are seen as laying the organizational foundation for the bank's strategic transformation. After the bank's capital increase and expansion in 2024, the proportion of state-owned capital holding has increased to 71.29%, and the bank is currently undergoing digital transformation.