Bank of China Limited announced that at its EGM held on December 20, 2024, shareholders approved the election of Mr. Zhang Hui as executive director and Ms. Zhang Ran as independent non-executive director of the bank. The company also elected Mr. Li Zimin as non-executive director of the company. The Board of Directors of the Bank has convened a meeting to elect Mr. Zhang Hui as the Vice Chairman of the Board and to appoint him as a member of the Strategic Development Committee of the Board.

The Bank has received the approval from the National Financial Regulatory Administration on the qualification of Mr. Zhang Hui as the Vice Chairman and Director of the Bank. Mr. Zhang Hui has commenced serving as the Vice Chairman and Executive Director of the Bank as well as member of the Strategic Development Committee of the Board with effect from 8 January 2025. The term of office of Mr. Zhang Hui as the Vice Chairman and Executive Director of the Bank is three years.

The biographic details of Mr. Zhang Hui are as follows: Mr. Zhang Hui was born in 1972. Mr. Zhang has been serving as the Vice Chairman and Executive Director of the Bank since January 2025 and as President of the Bank since December 2024. Mr. Zhang joined the Bank in 2024.

Mr. Zhang served as Executive Vice President of China Development Bank from February 2021 to November 2024. Prior to that, Mr. Zhang had worked in Bank of Communications for many years, and he served as Chief Risk Officer from July to November 2020. Mr. Zhang served as general manager of the Risk Management Department and director of the Internal Control and Crime Prevention Office from February 2019 to November 2020, general manager of the Risk Management (Asset Preservation) Department from February 2017 to February 2019, and president of Guizhou Branch from November 2016 to February 2017.

Before that, he held a number of other positions at Bank of Communications, including assistant general manager, deputy general manager, deputy general manager (presiding over daily work) and general manager of the Asset Preservation Department, deputy general manager of the Risk Management (Asset Preservation) Department, vice president of Shanghai Branch, and vice president (performing president's duty) of Guizhou Branch. Mr. Zhang obtained a bachelor's degree in economics from Shaanxi Institute of Finance and Economics (now Xi' an Jiaotong University) in 1993.