He Xingxiang

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He Xingxiang
何兴祥
Vice Governor of China Development Bank
In office
October 2014 – September 2021
GovernorOuyang Weimin [zh]
Personal details
BornNovember 1963 (age 59)
Shaoxing, Zhejiang, China
Political partyCommunist Party of China
Chinese name
Simplified Chinese
Traditional Chinese

He Xingxiang (Chinese: 何兴祥; born November 1963) is a former Chinese banker who served as vice governor of China Development Bank from 2014 to 2021. As of September 2021 he was under investigation by China's top anti-corruption agency.[1][2]

Biography

He was born in Shaoxing, Zhejiang, in 1963. He once served as governor of the Bank of China, Shangyu Branch and then the Bank of China, Jiaxing Branch in east China's Zhejiang province. In September 2004 he was promoted to become governor of the Bank of China, Hainan Branch, a position he held until April 2008, when he was transferred to north China's Shandong province as governor of the Bank of China, Shandong Branch.. In October 2014 he was promoted again to become vice governor of the Agricultural Development Bank of China, and served until April 2020, while he was despatched to China Development Bank as vice governor.

Downfall

On 10 September 2021, he has been placed under investigation for "serious violations of laws and regulations" by the Central Commission for Discipline Inspection (CCDI), the party's internal disciplinary body, and the National Supervisory Commission, the highest anti-corruption agency of China.[3][4] Hu Huaibang, former chairman of the China Development Bank, was placed under investigation for alleged "serious violations of discipline and law" in July 2019.[5][6]

References

  1. ^ Zhang Yuzhe; Bonnie Cao (10 September 2021). "Graft Probe Brings Down Another China Development Bank Executive". caixinglobal. Retrieved 10 September 2021.
  2. ^ Zhang Yuzhe (张宇哲) (9 September 2021). 国开行副行长何兴祥被查. caixin (in Chinese). Retrieved 10 September 2021.
  3. ^ "China development bank vice president detained corruption probe". South China Morning Post. 10 September 2021. Retrieved 10 September 2021.
  4. ^ 国家开发银行副行长被查 涉嫌严重违纪违法!年内多名政策性银行干部被查. sina (in Chinese). 10 September 2021. Retrieved 10 September 2021.
  5. ^ "China jails former China Development Bank chief for life for graft". South China Morning Post. 7 January 2021. Retrieved 7 January 2021.
  6. ^ Zhang Yuzhe; Lin Jinbing (31 July 2019). "Former China Development Bank Boss Investigated for Corruption". caixinglobal. Retrieved 10 September 2021.