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China Vitae : Biography of Zhu Shumin

Biography Highlight Zhu Shumin, male, Han nationality, is a native of Jingjiang County, Jiangsu Province. He was born in 1960, and graduated from Fudan University with MBA in 2008. Zhu joined Bank of China in 1998. From 2009 to 2010, he was the President of Personal Banking Branch of Bank of China. On July 2010, he was promoted as Vice-Governor of Bank of China. From 2017 to 2021 he was Vice-Chairman of the China Banking Regulatory Commission. Recent Career Data

China executes ex-banker Lai Xiaomin in bribes, bigamy case

BEIJING (AFP) - China on Friday (Jan 29) executed a former top banker accused of taking US$260 million (S$344.9 million) worth of bribes, as well as other forms of corruption and bigamy, state broadcaster CCTV reported. Lai Xiaomin, the former chairman of Huarong - one of China s largest state-controlled asset management firms - was put to death by a court in the northern city of Tianjin, CCTV said. The amount of bribes received by Lai Xiaomin was extremely large, the crime s circumstances were particularly serious and the social impact was particularly severe, CCTV quoted the Chinese Supreme People s Court, which reviewed and approved the execution order, as saying.

China executes ex-banker in bigamy case

Updated: Share Article AAA China on Friday executed a former top banker accused of taking $260 million worth of bribes, as well as other forms of corruption and bigamy, state broadcaster CCTV reported. Lai Xiaomin, the former chairman of Huarong one of China’s largest state-controlled asset management firms was put to death by a court in the northern city of Tianjin, CCTV said. “The amount of bribes received by Lai Xiaomin was extremely large, the crime’s circumstances were particularly serious and the social impact was particularly severe,” CCTV quoted the Chinese Supreme People’s Court, which reviewed and approved the execution order, as saying. The report did not specify how Lai was executed, but said he was allowed to see close relatives before his death.

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