Tian Huiyu (Chinese: 田惠宇; pinyin: Tián Huìyǔ; born December 1965) is a Chinese former economist and banker who served as president of China Merchants Bank from 2013 to 2022. He was investigated by China's top anti-graft agency in April 2022.[1] Tian once served as a secretary for Wang Qishan from 1994 to 1997, while Wang was president of China Construction Bank.[2][3]
Tian Huiyu | |
|---|---|
田惠宇 | |
| President of China Merchants Bank | |
| In office 8 May 2013 – 18 April 2022 | |
| Party Secretary | Himself |
| Preceded by | Ma Weihua |
| Succeeded by | TBA |
| Personal details | |
| Born | December 1965 (age 58) Jinzhai County, Anhui, China |
| Political party | Chinese Communist Party (expelled) |
| Alma mater | Shanghai University of Finance and Economics Columbia University |
Biography
editTian was born in Jinzhai County, Anhui, in December 1965. After graduating from Shanghai University of Finance and Economics in 1987, he was assigned to China Construction Bank, where he was promoted to president of its Shenzhen Branch in September 2007 and president of its Beijing Branch in March 2011.[4] He also worked at China Cinda Asset Management.[5] He received a master's degree in public administration from Columbia University's School of International and Public Affairs in October 2002.[6] He became party secretary and president of China Merchants Bank on 8 May 2013, and served until 18 April 2022.[4][7] Tian was also the chairman of Wing Lung Bank in Hong Kong.[8] Under Tian's leadership, China Merchants Bank increased its consumer lending activities and sales of wealth-management products, and its assets more than doubled to the equivalent of $1.46 trillion.[5][9]
Tian has served on the China Business Initiative Advisory Board of Columbia Business School.[10]
Downfall
editOn 22 April 2022, he was placed under investigation for "serious violations of discipline and laws" by the Central Commission for Discipline Inspection (CCDI), the party's internal disciplinary body, and the National Supervisory Commission, the highest anti-corruption agency of China.[11][12] On October 7, he was expelled from the CCP and dismissed from public office.[13] On 5 February 2024, he was sentenced to death with a two-year reprieve.[14]
References
edit- ^ Zhang, Yukun (22 April 2022). "Ex-President of China Merchants Bank Investigated for Suspected Corruption". caixinglobal. Retrieved 23 April 2022.
- ^ Zhu Dan (朱丹) (8 May 2013). 田惠宇：曾任王岐山秘书 业内称为人极其低调. ce.cn (in Chinese). Retrieved 23 April 2022.
- ^ Zhang Pinqiu (张品秋) (9 May 2013). 招行换“马”焉知非福 田惠宇曾任王岐山秘书. chinanews.com.cn (in Chinese). Retrieved 23 April 2022.
- ^ a b Jiang Ninglu (蒋柠潞) (9 May 2013). 招商银行党委书记：田惠宇. ce.cn (in Chinese). Retrieved 23 April 2022.
- ^ a b Leong, Rebecca Feng and Clarence (2022-04-22). "China's Antigraft Watchdog Probes Former CEO of China Merchants Bank". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-04-23.
- ^ "SIPA Annual Report 2013-14 by Columbia University School of International and Public Affairs - Issuu". issuu.com. 17 March 2015. Retrieved 2022-04-23.
- ^ Wu, Xiaomeng; Zhang, Yukun (18 April 2022). "China Merchants Bank President Removed From His Position". caixinglobal. Retrieved 23 April 2022.
- ^ Olguera, Felipe. "The Power List". Gafencu. Retrieved 2022-04-23.
- ^ Ren, Shuli (April 20, 2022). "The Curious Exit of a Star China Banker". The Washington Post. Retrieved April 22, 2022.
- ^ School, Columbia Business (2016-06-22). "China Business Initiative Advisory Board". The Jerome A. Chazen Institute for Global Business. Retrieved 2022-04-23.
{{cite web}}:|first=has generic name (help) - ^ Georgina, Lee (22 April 2022). "Ex-China Merchants Bank president Tian Huiyu is being investigated by top anti-corruption watchdog for suspected breach of 'party's discipline and law'". South China Morning Post. Retrieved 23 April 2022.
- ^ Guan Jing (关婧) (23 April 2022). 招商银行原行长田惠宇被查，此前未出席董事会. ce.cn (in Chinese). Retrieved 23 April 2022.
- ^ Wu Xiaomeng (武晓蒙) (8 October 2022). 招行原行长田惠宇被“双开” 案涉“投资理财”. caixin.com (in Chinese). Retrieved 8 October 2022.
- ^ "Former president of China Merchants Bank given death sentence with reprieve-Xinhua". english.news.cn. Retrieved 2024-02-05.