CNCB(601998) 21世纪经济报道·2025-04-22 12:17Core Viewpoint - CITIC Bank has received regulatory approval for Lu Wei's appointment as the new president, effective from April 21, 2025, marking a significant leadership transition within the bank [2][3]. Group 1: Leadership Transition - Lu Wei has been approved by the National Financial Regulatory Administration to serve as the president of CITIC Bank, following a board meeting on February 20, 2025, where his appointment was approved [2]. - Lu Wei is a seasoned financial executive cultivated within the CITIC system, previously serving as one of the youngest vice presidents of CITIC Bank, with 26 years of cross-sector management experience [2][3]. Group 2: Career Background - Lu Wei's career at CITIC Bank began in January 1997, progressing through various roles including branch manager and general manager of key departments, culminating in his recent positions as general manager and chairman of CITIC Trust [3]. - In 2025, Lu Wei returned to CITIC Bank as deputy secretary of the party committee before taking on the role of president [3]. Group 3: Financial Performance - In 2024, CITIC Bank achieved stable growth, with total assets surpassing 9.5 trillion yuan, a 5.31% increase from the previous year [3]. - The bank reported a revenue of 213.646 billion yuan in 2024, reflecting a 3.76% year-on-year growth, and net interest income of 146.679 billion yuan, up by 2.19% [3]. - CITIC Bank's net interest margin reached 1.77% in 2024, maintaining a leading position in the industry for the third consecutive year [3].