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State Council appoints Cai Dong as Deputy Director of National Financial Regulatory Administration
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According to a September 20 announcement on the website of China's Ministry of Human Resources and Social Security, the State Council has appointed Cai Dong as Deputy Director of the National Financial Regulatory Administration (NFRA). Cai Dong, born in October 1968 in Jinan, Shandong Province, holds a postgraduate degree and a doctorate in economics and is a senior accountant. He has extensive experience in the financial sector, having served as General Manager of the Electronic Banking Department at ICBC, President and Party Secretary of ICBC's Tianjin Branch, Vice President and Party Committee Member of the China Development Bank, and Executive Director, Vice President, and Party Committee Member of the Agricultural Bank of China. In October 2019, he became a member of the Party Leadership Group and Vice Governor of Jilin Provincial Government, and in June 2022, he was promoted to Standing Committee Member of the CPC Jilin Provincial Committee and Executive Vice Governor, overseeing development, reform, finance, and financial affairs. The NFRA website had previously updated its 'Leadership' section to show Cai Dong as Party Committee Member of the administration.
Source report
According to a September 20 announcement on the website of the Ministry of Human Resources and Social Security, the State Council has made a series of appointments and removals of state officials. Among these changes, Cai Dong has been appointed as Deputy Director of the National Financial Regulatory Administration (NFRA).
Biographical Overview
Publicly available information indicates:
- Name: Cai Dong
- Gender: Male
- Ethnicity: Han
- Date of Birth: October 1968
- Place of Origin: Jinan, Shandong Province
- Political Affiliation: Member of the Communist Party of China
- Education: Postgraduate degree, Doctorate in Economics
- Professional Title: Senior Accountant
Career Background
Cai Dong has extensive experience in the financial sector, having held senior positions across major state-owned commercial banks and policy banks:
- Industrial and Commercial Bank of China (ICBC) (Stock Code: 601398)
- General Manager of the Electronic Banking Department
- President and Party Secretary of the Tianjin Branch
- China Development Bank
- Vice President and Party Committee Member
- Agricultural Bank of China (ABC) (Stock Code: 601288)
- Executive Director, Vice President, and Party Committee Member
Government Roles
- October 2019: Appointed as a member of the Party Leadership Group and Vice Governor of the Jilin Provincial Government
- June 2022: Promoted to Standing Committee Member of the CPC Jilin Provincial Committee and Executive Vice Governor, overseeing core areas including development and reform, finance, and financial affairs
Recent Update
The "Leadership" section on the official website of the NFRA had previously been updated to reflect that Cai Dong had already assumed the role of Party Committee Member of the administration.
Author: Guo Congcong Editors: Zhou Yanyan, Zhang Yan
Source
同花顺财经Eastern
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Cai Dong appointed deputy director of China’s National Financial Regulatory Administration