FINANCE

Everbright Bank Set to Promote Beijing Branch Chief in Executive Reshuffle

Published: Feb. 11, 2026 11:08 p.m. GMT+8

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Wang Yongqi

China Everbright Bank Co. Ltd. is preparing to promote the head of its Beijing branch to a senior executive role, in a management reshuffle at the national lender with more than 7 trillion yuan ($1 trillion) in assets, Caixin has learned from multiple sources.

Wang Yongqi, the current head of the bank’s Beijing branch, is expected to take up a senior position at the company’s headquarters, the sources said, adding that internal procedures are still underway.

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Wang Yongqi, head of China Everbright Bank's Beijing branch, is set for a senior executive role at headquarters amid a management reshuffle.
As of June 2025, the Beijing branch held 853.8 billion yuan in assets; the bank's total assets reached 7.2 trillion yuan by September 2025.
In H1 2025, Everbright Bank's net profit was 30.7 billion yuan, with corporate banking contributing about half.

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Who’s Who

China Everbright Bank Co. Ltd.: China Everbright Bank Co. Ltd. is a national lender with over 7 trillion yuan ($1 trillion) in assets. It's part of the state-owned China Everbright Group. The bank is undergoing a management reshuffle, with Wang Yongqi, head of its largest Beijing branch, expected to be promoted to a senior executive role overseeing corporate banking. Wang previously led the bank's retail and wealth management departments, significantly expanding its customer base and assets under management.

China Everbright Group: China Everbright Group is a state-owned conglomerate which includes China Everbright Bank. As of September 2025, the bank had 7.2 trillion yuan in total assets. In the first half of 2025, it reported a net profit of 30.7 billion yuan, with corporate banking being its primary profit driver.

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