FINANCE

Bank of China Set to Add New Vice President

Published: Feb. 10, 2026 5:27 p.m. GMT+8

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Central Huijin Investment Ltd. has seen an executive start work at Bank of China Ltd., one of the country’s “Big Four” state-owned banks, Caixin has learned.

Huang Xueling, formerly head of Huijin’s Equity Management Department II, has taken up duties at the lender and has been introduced internally, people familiar with the matter told Caixin. She is expected to be formally appointed a vice president after completing corporate governance procedures.

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Huang Xueling, former head at Central Huijin, has started work at Bank of China and is expected to be appointed vice president.
At Bank of China, she will coordinate pension finance and oversee institutional clients and asset custody.
Central Huijin expanded its direct holdings to 26 financial institutions by the end of 2024 through ownership transfers.

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Who’s Who

Central Huijin Investment Ltd.: Central Huijin Investment Ltd. is a wholly owned subsidiary of the sovereign wealth fund China Investment Corp. It holds direct stakes in numerous financial institutions, expanding to 26 by the end of 2024. An executive from Huijin's Equity Management Department II, Huang Xueling, recently moved to Bank of China Ltd.

Bank of China Ltd.: Bank of China Ltd. is one of China's "Big Four" state-owned banks. Huang Xueling, previously from Central Huijin Investment Ltd., has joined Bank of China and is expected to become a vice president. She will likely coordinate pension finance and oversee institutional clients and asset custody. The bank has recently undergone several senior management changes.

China Investment Corp.: China Investment Corp. (CIC) is China's sovereign wealth fund. Its wholly-owned subsidiary, Central Huijin Investment Ltd., has expanded its portfolio, directly holding stakes in 26 financial institutions by the end of 2024. CIC is thus a significant player in China's financial sector.

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What Happened When

End of 2024：: Central Huijin directly held stakes in 19 financial institutions.

2025：: Ownership transfers added seven more financial institutions to Central Huijin's holdings, bringing the total to 26.

Since 2025：: Bank of China experienced a series of senior management changes.

2026 (expected)：: Huang Xueling is expected to be formally appointed as vice president of Bank of China after completing corporate governance procedures.

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