Hunan Bank appoints post-80s vice president Zhang Wei, former VP Li Xinhua retires

Changsha, China — Hunan Bank has updated its senior management lineup, with Deputy President Li Xinhua exiting the executive team and Zhang Wei joining as a new deputy president, according to the bank's latest announcement on September 8.

The bank's senior management structure includes the President, Deputy Presidents, President Assistant, Chief Officers, and other senior executives, who collectively manage the bank's operations in accordance with laws, regulations, the bank's charter, and board authorizations. The current five-member senior management team comprises:

• Zhou Hui – President
• Wang Yong – Chief Auditor
• Tan Shujun – Deputy President
• Zhang Wei – Deputy President
• Tang Jun – Board Secretary

Compared to the previous list, Li Xinhua has stepped down, and Zhang Wei has been newly appointed. Li Xinhua has reached retirement age.

Li Xinhua: A Career Retrospective

Born in February 1966, Li Xinhua holds an in-service university degree and a Bachelor's degree in Economics, with the professional title of Economist. His career includes:

• Various roles at China Construction Bank (CCB), including cadre at the Shaoyang Central Sub-branch, Deputy Section Chief of the Corporate Finance Section, President of the Second Sub-branch of Shaoyang, Director of the Business Department, and Director of the Credit Committee Office
• Director of the Office for the Merger and Restructuring of the former Shaoyang City Credit Cooperative
• President, Party Secretary, and Chairman of the former Shaoyang City Credit Cooperative
• Member of the Party Committee and Deputy President of the former Huarong Xiangjiang Bank
• Member of the Party Committee and Deputy President of Hunan Bank

Zhang Wei: New Deputy President

Born in May 1980, Zhang Wei holds a postgraduate degree and a Doctorate in Economics, with the professional title of Senior Economist. He previously spent an extended period working at the Agricultural Bank of China (ABC), where his roles included:

• Deputy Section Chief, Section Chief, Senior Specialist, and Senior Specialist at the Head Office's Accounting Settlement Department and Operations Management Department
• Deputy Director of the Teller Management Office, Deputy Director of the Back-Office Operations Management Office, Director of the Risk Monitoring Office, and Director of the Back-Office Operations Management Office
• Deputy Party Secretary and Deputy President (at the principal level) of the Jingdezhen City Sub-branch in Jiangxi Province
• Party Secretary and President of the Jingdezhen City Sub-branch
• Deputy Party Secretary of the Changsha City Sub-branch in Hunan Province
• General Manager of the Asset and Liability Management Department (Agriculture, Rural Areas, and Farmers & Inclusive Capital and Fund Management Center) of the Hunan Provincial Branch

On September 2, the Hunan Financial Regulatory Bureau approved Zhang Wei's qualification as Deputy President of Hunan Bank.

President Zhou Hui: Potential Further Appointment

According to a previous report by Xiangcai Plus, on September 24, the Organization Department of the Hunan Provincial Party Committee issued a pre-appointment public notice for provincial-level management cadres, indicating that Zhou Hui, currently Deputy Party Secretary, Vice Chairman, and President of Hunan Bank, is proposed for further use.

Based on the date of qualification approval, Zhou Hui has served as President of Hunan Bank for over three years. He is the first president since the bank was renamed from Huarong Xiangjiang Bank.

Born in January 1971, Zhou Hui holds a Doctorate in Management from Zhongnan University of Economics and Law and has completed postdoctoral research in Applied Economics at Peking University. He is a national candidate for the "Hundred, Thousand, Ten Thousand Talent Project" and a nationally recognized young and middle-aged expert with outstanding contributions. His previous roles include:

• Assistant President and Vice President of First Capital Securities
• Vice President, President, and Chairman of Fortune Securities Co., Ltd.
• Deputy Director of the Hunan Provincial Financial Work Office
• Deputy Director of the Hunan Provincial Local Financial Supervision and Administration Bureau

About Hunan Bank

Established in 2010, Hunan Bank was formed through the restructuring of the former Zhuzhou, Xiangtan, Hengyang, and Yueyang City Commercial Banks, as well as the Shaoyang City Credit Cooperative, into Huarong Xiangjiang Bank. It is a state-controlled financial enterprise under the management of Hunan Province.

• The Hunan Provincial Department of Finance acts as the state-owned financial capital investor.
• The largest shareholder is Hunan Caixin Financial Holding Group Co., Ltd., with a combined shareholding of 35.85%.
• The second-largest shareholder is Central Huijin Investment Co., Ltd., holding 17.71%.

As of the end of June 2026, Hunan Bank reported total assets of RMB 652.521 billion. In the first half of the year, the bank achieved operating income of RMB 5.901 billion and net profit of RMB 1.953 billion, representing year-on-year growth of 5.33% and 0.56%, respectively.

Coordinated by: New Xiangcai | Written by: Xiangcai Plus

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