Key Terms: Shareholding transformation Organizational structure Corporate governance structure
Class: Management (Friday afternoon)
Group 2: Afra Daisy Vicky Bill Chris
Study on the Governance Structure and Organizational Structure of China Construction Bank
Key Terms: Shareholding transformation Organizational structure Corporate governance structure
Abstract:
Starting from the pilot project of holding reform to the introduction of foreign strategic investors and then accomplishing the leaping enhancement of listing in Hong Kong, China Construction Bank became the first case of Chinese state owned bank to achieve restructuring of shareholding system. But before, the governance and organization structure of China’s SOBs has severely impacted their international competitiveness. So a question about how to establish effective governance and organization structure among SOBs has been highly concerned.
Outline:
1. History of CCB
2. The Stock Reform of CCB
3. CCB’s governance and organizational structure
4. Top management President Guo
5. Further Reflections
History of CCB
China Construction Bank is one of the largest banks in China and actually it is the second largest bank .China Construction Bank’s (CCB) history dates back to 1954 when the People’s Construction Bank of China founded as a state-owned entity. In 1979, People’s Construction Bank of China became a financial institution under the direction of the State Council and assumes more commercial banking functions. Headquartered in Beijing, CCB employed more than 300000 personnel in a network of 13977 branches and sub-branches in Mainland China, and representative offices in London and New York. CCB had established banking relationships with many of the largest business groups and leading the companies