It was a tough first 18 months in charge for Chen Siqing, who was appointed party secretary and chairman of Industrial and Commercial Bank of China in April 2019. In that time, the head of China’s largest bank has had to deal with an intransigent US president, a trade war between the two superpowers and a global pandemic.
Despite all that, ICBC looks to be in pretty good shape.
In its 2020 interim report, the bank did a neat job of summarizing the struggles it faced in the early months of this year, when Covid struck and the country reeled.
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