Qilu Bank, Initiating the Change of the Times
Reporter Jiang Ning
Ring the bell on the market, just like the joy of life, it is good to be grand and warm.
In March 2019, Qingdao Rural Commercial Bank was listed, and the main leaders of Qingdao Municipal Party Committee and Municipal Government were present. At that time, although Qingdao Rural Commercial Bank was named as "Nongshang", its major shareholder had already become Guoxin and Chengtou, a local state-owned platform in Qingdao.
Two years later, Qilu Bank finally came to the Shanghai Stock Exchange from the New Third Board. The "seeing off relatives" team was even more luxurious. In addition to the leaders of Shandong Province and Jinan City, there were also the main leaders of the People’s Bank of China, the Banking Insurance Regulatory Bureau and the local financial office. Many leaders who could have stood at the C position did not have the opportunity to take the stage. Huang Hongyuan, chairman of the Shanghai Stock Exchange, also attended the event infrequently. A large number of big coffees and stars held the moon in general, and in the middle of the big screen of the ceremony was a five-character message:
"vast greens stretch across Qi and Lu, the two lands high.".
As the first city commercial bank in Shandong to be restructured and the first to introduce foreign investment, Qilu Bank has been the "eldest son" in the sequence of city commercial banks in Shandong Province for many years, combined with multiple factors such as Jinan, the provincial capital. In the past 12 years, Qilu Bank has experienced a magnificent transformation from nirvana to rebirth, from low valley to high light, and finally realized the dream of the capital market, from a regional local small and medium-sized bank to "the first bank listed on the Shanghai Stock Exchange in the province".
Every generation has its historical mission. Now that Huang Jiadong has retired, Zheng Zugang, the "post-70s", has taken over as the new chairman of Qilu Bank. With the departure of the last member of the risk resolution team 12 years ago, it means that Qilu Bank finally faded from the gloom after the crisis, waved goodbye to an era, and faced with new opportunities and new missions.
one
In March 2011, Wang Xiaochun, deputy director of Shandong Banking Regulatory Bureau, and Huang Jiadong, vice president of Shandong Branch of Bank of Communications and secretary of the Disciplinary Committee, were sent to Qilu Bank to serve as chairman and president respectively. It can be said that that time was the darkest moment when Qilu Bank had the most difficult development and the lowest morale.
At the first cadre meeting of the whole bank, Wang Xiaochun and Huang Jiadong saw tears in their colleagues’ eyes. The depressed atmosphere showed their heartache and unwillingness to Qilu Bank in those years, and they were deeply worried about the future of Qilu Bank.
"Can these new leaders lead us through the difficulties?"
Even though the stars have shifted and the years have passed, Huang Jiadong still remembers the scene at that time after more than ten years. But soon, Qilu Bank walked out of the original mud.
In 2012, Qilu Bank took the initiative to accept a comprehensive inspection by the banking supervision and embarked on the road of standardized development;
In 2013, Qilu Bank officially launched the big retail transformation strategy;
In 2015, the New Third Board was listed, laying a solid foundation for replenishing capital, standardizing governance and listing the main board;
In 2017, county finance was incorporated into the development strategy of the whole bank, and the group operation began to take shape;
In 2021, Qilu Bank entered the A-share market and was the first local corporate bank listed on the Shanghai Stock Exchange in Shandong Province.
In 2022, the asset scale broke through the 500 billion yuan mark and officially entered the sequence of medium-sized banks.
When Huang Jiadong first arrived at Qilu Bank in 2011, the asset scale of Qilu Bank was less than 80 billion, and it rarely fell by nearly 10% year-on-year. However, in the past 12 years, driven by the new leadership, Qilu Bank has doubled its asset scale, operating income and net profit, and its performance among listed banks is eye-catching, especially after 2020. In just two years, the asset scale has increased from 30.
There is another detail. Thanks to the big retail strategy of Qilu Bank, the market share of savings deposits in Jinan has increased from 6% 12 years ago to 12% today, ranking first in the banking industry in Jinan.
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A few days ago, Huang Jiadong experienced a "chatGPT" of the current fire.
What he didn’t expect was that AI intelligence could actually count the development achievements of Qilu Bank in recent years.
From a small-scale regional small and medium-sized bank that was mired in unexpected events, even intelligent robots can be described as a few treasures. Northbound funds are "in love" with cheap Qilu Bank. In less than half a year since the fourth quarter of last year, foreign capital has flowed into Qilu Bank for more than 300 million yuan, and the newly-increased shareholding ratio ranks among the top in the banking sector.
Although he was born in 1963, Huang Jiadong is always full of curiosity and exploration about all new technologies, hoping to help the development of Qilu Bank. Huang Jiadong took part in the work and was assigned to Zhoucun Office of the People’s Bank of Zibo. In 1984, it was the first year of banking in China. Since then, the four major banks have all been separated from the mother bank, and the dual system of state-owned banks and central banks was formally formed. Huang Jiadong stayed in the People’s Bank of China and studied at the Central University of Finance and Economics on the job. At that time, the financial industry learned to be excellent, and then went out from the People’s Bank of China to work in other commercial banks, such as Chairman Shang and Chairman Xiao, who were in charge in the future, and President Ma, who became popular in China Merchants Bank. In the early 1980 s, online celebrity Palace wrote an inscription, which was once experienced in the People’s Bank of China.
The same is true for Huang Jiadong. After going through the offices of the People’s Bank of China, sub-branches, central sub-branches, provincial branches and regional branches, he left the People’s Bank of China to set up the Yantai Banking Regulatory Bureau, then became the vice president and secretary of the Disciplinary Committee of the Shandong Branch of the Bank of Communications, and finally was ordered to take over Qilu Bank at the critical moment. The 42-year career has experienced one economic cycle after another, and the background of supervision background has witnessed one industry event after another. Huang Jiadong’s generation pays special attention to compliance with laws and regulations, and especially emphasizes that banks are prudent concepts of operating risks. In that year, he resisted internal pressure, decisively stopped employees from handling personal loans in the bank, and implemented a home visit system, which strictly enforced discipline and accountability and ensured that there were no cases in 12 years; Summarized the law that credit risk will be exposed in three years, bad in five years, and can only be resolved in seven years, withdrew from the risk business ahead of time, escaped the regional risk storm around 2015, and did not become a "take-over man".
Over the years, Huang Jiadong and the leadership team of Qilu Bank have successfully completed the historical mission of this generation of supervisors to lead Qilu Bank from chaos to governance, and realized the transformation of Qilu Bank from "barbaric growth" to "standardized development". Twelve years have proved that they have not failed to live up to the entrustment of their superiors and the expectations of their comrades, and have also drawn a satisfactory end to Huang Jiadong’s 42-year career.
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After changing coaches, start a new chapter.
Starting from the overall economic and financial situation of the provincial capital, but also from the reality of Qilu Bank, selecting Zheng Zugang, who is well versed in the field, to take over Qilu Bank will inject excellent genes into Qilu Bank, lead Qilu Bank to start a new historical journey with greater pattern and boldness, and make great strides towards the strategic goal of building a "value bank" and a "smart bank".
Recalling that Huang Jiadong, who drank on the bridge at noon yesterday, worked in the supervision bank, spread his wings in the state-owned bank, and finally led the soaring in the city commercial bank, has officially retired, but in the farewell letter, Huang Dong also said that "my heart is always with you" and "I will always be a member of Qilu Bank".
Next, 5,000 employees of Qilu Bank will work hard towards new goals and directions.
A few days ago, a retired chairman told me that you always misunderstood the bank. Now the banking industry is too difficult, and there are so many "peaches and plums and a glass of wine".
In fact, more, it is just that "the Xiongguan Road is as iron as iron".
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