Chang Zhenming (

Simplified Chinese Simplification, Simplify, or Simplified may refer to: Mathematics Simplification is the process of replacing a mathematical expression by an equivalent one, that is simpler (usually shorter), for example * Simplification of algebraic expressions, ...

: 常振明), born October 1956 in

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

, is the Chairman of

CITIC Group CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping ...

and the Chairman and

Managing Director A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

of CITIC Group's

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...

listed Listed may refer to: * Listed, Bornholm, a fishing village on the Danish island of Bornholm * Listed (MMM program), a television show on MuchMoreMusic * Endangered species in biology * Listed building, in architecture, designation of a historicall ...

subsidiary company A subsidiary, subsidiary company or daughter company is a company (law), company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company ...

CITIC Pacific CITIC Limited () is a conglomerate headquartered in Hong Kong. Its shares are listed on the Main Board of the Hong Kong Stock Exchange, and it is a constituent of the Hang Seng Index. 58% of its issued shares are owned by the Chinese state-own ...

Education and early life

From 1971 to 1977, Chang Zhenming worked at the Dining Hall of the School Affairs Department at

Tsinghua University Tsinghua University (; abbreviation, abbr. THU) is a National university, national Public university, public research university in Beijing, China. The university is funded by the Ministry of Education of the People's Republic of China, Minis ...

. From 1979 to 1983, he studied Japanese Literature at the

Beijing International Studies University The Beijing International Studies University (BISU) is a public research university based in the city of Beijing, China. Founded in 1964, it was part of the national initiative to promote tertiary foreign language education. The institute gre ...

, then from 1984 to 1985, he received on-job training at

Daiwa Securities is a Japanese investment bank that is the second largest securities brokerage after Nomura Securities. Major subsidiaries include ''Daiwa Securities'', which offers retail services such as online trading to individual investors and investment ...

in Japan. Chang Zhenming additionally holds a

Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

from the College of Insurance in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

.Bio of Chang Zhenming
''Wharton University of Virginia''

Career

From 1985 to 1989, Chang Zhenming was deputy manager of the Treasury division at the

China International Trust and Investment Corporation CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. ...

, then deputy manager of the CITIC Industrial Bank, in charge of foreign exchange and bond business. From 1989 to 1992, Chang Zhenming was deputy representative at the CITIC's office in New York. From October 1992 to January 1994, Chang Zhenming was vice president of the CITIC Industrial Bank, in charge of fund-raising by issuing bond in the international market, foreign exchange and securities. From January 1994 to March 2002, Chang Zhenming was assistant president, executive director and vice-president of China Trust and Investment Corporation, in charge of establishing the securities, insurance and trust branches of CITIC, as well as non-banking financial business. From March 2002 to July 2004, Chang Zhenming was the executive director and vice president of CITIC Group, in charge of non-financial and Hong Kong businesses. From July 2004 to July 2006, he was vice chairman and president of the

China Construction Bank China Construction Bank Corporation (CCB) is one of the " big four" banks in China. In 2015, CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world. The bank has approximately 13,629 domestic bra ...

. Since July 2006, he has been the vice chairman, president, and non-executive director of the CITIC Group. At age 55, his salary is estimated at 2,220,000 USD.

Other

Chang Zhenming is a former president of

International Go Federation The International Go Federation (IGF) is an international organization that connects the various national Go federations around the world. Role The role of the IGF is to promote the sport of Go throughout the world, promote amicable relations ...

.31st General Meeting of the IGF
''International Mind Sports Association'', 28 May 2012 He is a former professional

go player This article gives an overview of well-known professional and amateur players of the board game Go throughout the ages. The page has been divided into sections based on the era in which the Go players played and the country in which they play ...

, awarded 7 Professional Dan in 1982. A member of China National Team and one of the strongest Chinese players in the late 1970s and early 1980s, he took third place in 1979 New Sport Weiqi Tournament, after

Nie Weiping Nie Weiping (; born 17 August 1952) is a professional Go player. Biography Born in Shenzhou, Nie began learning Go at the age of nine and won the inaugural World Amateur Go Championship in 1979. Nie was given 9 dan rank in 1982. He became ...

who took first and

Chen Zude Chen Zude ( Traditional: 陳祖德; Simplified: 陈祖德; Pinyin: Chén Zǔdé; February 19, 1944 – November 1, 2012) was a Chinese professional Go player. He was also the President of the Chinese Chess Association. He died of panc ...

who took second. He later started career in banking and finance instead of Weiqi.

References

1956 births Living people Beijing International Studies University people St. John's University (New York City) alumni Sportspeople from Beijing Businesspeople from Beijing Hong Kong businesspeople CITIC Group people China Construction Bank Chinese Go players China Construction Bank people {{PRChina-business-bio-stub